OCBC Bank prepares to facilitate development of viable green hydrogen ecosystem

OCBC Malaysia head of investment banking and managing director Tan Ai Chin. KUCHING (June 9): OCBC Bank (Malaysia) Berhad (OCBC Malaysia), a leading financial institution pioneering multiple award-winning sustainable financing solutions, has positioned itself to contribute to the development of green hydrogen, taking cognizance of the challenges faced by the industry which is still in its nascent...

TotalEnergies, Air Products sign 15-year green hydrogen deal

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Australia wants to become a renewable energy superpower, can it with green hydrogen? – BBC

Australia wants to become a renewable energy superpower, can it with green hydrogen? – BBC. Hidden among thick bushland in the outer suburbs of southern Sydney sits an expansive facility housing a technological breakthrough. It’s here that Australian company SunDrive Solar makes its “special sauce”: a new – top secret – formula that it says has solved “a very...

Is It Safe For Hydrogen Cars To Travel Through Tunnels?

While H2 is being called a safe clean fuel, it is also an explosive oneIt’s widely believed that hydrogen cars and other vehicles will be an important part of the decarbonization of transportation.Questions about the safety of H2-powered vehicles are commonOne of the main things that people know about H2 is that it is flammable and that, under the right circumstances, it can also be explosive. After...

Versogen to see federal funding for hydrogen research – $4.7 million

Versogen to see federal funding for hydrogen research – $4.7 million.  Versogen, a startup firm that is making strides in the production of clean hydrogen, is slated to receive a portion of $4.7 million as part of a regional effort to tap into a carbon-free fuel source. The spin-off company was named as one of four Delaware institutions identified by the U.S. Department of...

Japanese government allocates $21bn to clean hydrogen subsidies

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...

von der Leyen announces €3bn European Hydrogen Bank auction round in 2024 | Policy

European Commission President, Ursula von der Leyen has announced plans for a second European Hydrogen Bank auction round, with a total value of €3bn ($3.28).Speaking virtually at the start of European Hydrogen Week in Brussels today (November 20), von der Leyen said the second round would launch in spring 2024 in a bid to reduce the cost gap between renewable and fossil hydrogen.“In spring 2024, we...

Air Products and TotalEnergies sign major green hydrogen supply deal | Hydrogen

Air Products will deliver green hydrogen from its global supply network to TotalEnergies’ Northern European refineries Air Products will deliver green hydrogen from its global supply network to TotalEnergies’ Northern European refineries TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tonnes of green hydrogen starting in 2030.This first...

LPO Announces Conditional Commitment to Plug Power to Produce and Liquify Clean Hydrogen Fuel

Today, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to Plug Power Inc.’s (Plug) subsidiary, Plug Power Energy Loan Borrower, LLC, for an up to $1.66 billion loan guarantee to help finance the construction of up to six facilities across several states to produce clean hydrogen utilizing the company’s own electrolyzer technology. Advancing...

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