The European Hydrogen Bank’s pilot auction is delivering €720 million ($768.3 million) to seven renewable hydrogen projects in Finland, Norway, Portugal and Spain. Together, they plan to produce 1.58 million tons of renewable hydrogen over a period of 10 years. May 1, 2024 Patrick JowettThe European Commission is awarding nearly €720 million to seven renewable hydrogen projects in Europe. The...

Nordic energy company Fortum will build a new hydrogen production pilot plant in Loviisa, Finland, near the site of a nuclear power plant on a plot owned by the company.Financed entirely through Fortum’s R&D fund, the €17m ($18.3m) project will produce hydrogen from electrolysers with a capacity of around two megawatts and will include a filling station for the delivery of hydrogen to industrial...

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Electrolyzer – Hysata announces $111m USD Series B investment round. Hysata has closed the largest Series B in Australian clean tech history, announcing an $111m USD investment round with strong backing from existing major strategic and financial global investors. This is a significant milestone that demonstrates global recognition for Hysata’s game changing high efficiency...

But even projects that do source fossil gas from the least leak-prone areas and capture high percentages of their carbon dioxide emissions may be hard-pressed to access the most lucrative tiers of the 45V tax credit. According to an analysis by think tank RMI, even steam methane reforming plants that capture 90 percent of the carbon dioxide they emit and source fossil gas with very low upstream methane...

The European Hydrogen Bank reveals its first winners The European Commission has allocated €720 million for 7 projects linked to green hydrogen production. Winning projects are to receive subsidies to cover the difference between the cost of non-green modes of transport. A boost that will help kick-start the industry. The result exceeded expectations, with 132 responses to the first auctions...

Sewage sludge can now be converted into hydrogen. A new project by Aston University has been awarded an investment by The Water Services Regulation Authority (Ofwat) to develop a trial rig to transform sewage sludge into clean water and energy (hydrogen and/or methane). The gasses can then be used to power people’s homes.Aston University will be working with two industrial partners – engineering...

The race for clean, sustainable energy is heating up, and green hydrogen is poised to take center stage. This versatile fuel has the potential to replace fossil fuels in everything from transportation to heavy industry. There’s just one catch — producing green hydrogen in the massive quantities we need has seemed impossible due to its reliance on a super-rare metal: iridium.But a breakthrough...

Ben Edgerly Walsh, a climate and energy program director with the Vermont Public Interest Research Group, which lobbied for the bill’s passage, noted that the new standard would provide more clarity on what types of energy sources can be used to reach the renewables target. The legislation, for example, would exclude fossil-fuel plants that use carbon capture and storage, he said. It would also bar...

Australian green hydrogen technology startup Hysata's electrolyzer plant in Wollongong, New South Wales (Courtesy of Hysata, Shinhan) South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian green hydrogen technology startup Hysata.Shinhan Securities Co. said on Friday the two Korean companies participated in...