DOE allocates US$9.3 million to waste-to-hydrogen projects

The US Department of Energy (DOE) allocated US$9.3 million in federal funding to six green hydrogen projects earlier this week (11 June) to support the clean energy carrier’s adoption. The projects will focus on advancing hydrogen systems that convert various waste feedstock materials into clean energy with superior environmental performance to help achieve the Biden-Harris Administration’s...

European ministers urged to streamline renewable hydrogen financing

In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank.Courtesy of Renewable Hydrogen Coalition (RHC) According to the CEOs, the critical first wave of European renewable hydrogen...

Green Hydrogen Investors Keep Faith

The nascent green hydrogen industry — despite current investor gloom — will have a bright future in the global clean energy transition once birthing challenges are overcome, developers argue. Initial investor exuberance over green hydrogen has been punctured by a dearth of global final investment decisions (FIDs) over the past 18...

South Africa’s Biggest Hydrogen Project Woos Japanese Investors

(Bloomberg) -- Hive Hydrogen South Africa is seeking to lure some of Japan’s biggest companies to invest in a $5.9 billion green ammonia project.Most Read from BloombergSenior officials from units of Mitsubishi UFJ Financial Group Inc., Itochu Corp., Mitsubishi Heavy Industries Ltd. and Mitsui OSK Lines Ltd. will visit the proposed site of the plant in Eastern Cape province next week to assess whether...

Second round of European Hydrogen Bank subsidy auction allocated €1.2bn — €1bn less than expected

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

The terms and conditions of the first pilot auction for renewable hydrogen production are published as a key element in the development of the European Hydrogen Bank – Osborne Clarke

Through this public tender mechanism, the European Commission is creating a financing instrument to promote the development of renewable hydrogen production projects. This auction, for which the deadline for submitting bids will begin in November 2023, has a budget of 800 million euros that will be distributed among the different developers as a fixed premium per kg of verified renewable hydrogen, in...

Standardization to accelerate green hydrogen growth

If your green hydrogen plant is all dressed up, it better have someplace to go. This classic dilemma for would-be partygoers applies equally well to all the green hydrogen and related, low-carbon, renewable energy projects being developed in Europe and elsewhere. It’s not enough to design and build an innovative, efficient process with transformers and rectifiers, electrolyzers, and H2, and O2...

‘Auctions are not the right mechanism to support the first big green hydrogen projects’: industry

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Compare listings

Compare