Estonian hydrogen tech company Elcogen has raised a total of €140 million in its latest funding round. Green hydrogen production in particular is a burgeoning area.American company Baker Hughes has joined Elcogen as a strategic investor, with the aim of continuing the development and scaling of solid oxide technology.Elcogen's solid oxide technology-based factory will be built close to the Iru...

Canada and Germany agreed measures to kickstart the trade of hydrogen, which is seen as a clean-energy alternative to dirtier fossil fuels.Both nations will contribute €200 million ($217 million) in funding for bilateral hydrogen auctions, German Economy Minister Robert Habeck told reporters in Hamburg after meeting with his Canadian counterpart. The auctions will fall under a platform known as...

BERLIN (Reuters) - Germany's ruling coalition on Friday agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy. Many countries are betting on hydrogen, which can be used in part to replace natural gas, as they seek to decarbonise...

The US Treasury's proposed guidelines on green hydrogen production, published in December, call for three requirements or "pillars" that will ensure H2 is truly green and will not lead to increased emissions: additionality, temporality, and deliverability.“Additionality” means that the green hydrogen would have to produced from new renewables projects, so that they do not utilise existing clean...

BAKU, Azerbaijan, April 5. The European Commission has greenlit a €350 million initiative by Germany aimed at bolstering the production of renewable hydrogen, Trend reports via the Commission. This initiative, facilitated through the innovative "Auctions-as-a-Service" tool of the European Hydrogen Bank, aligns closely with the objectives outlined in the REPowerEU Plan and the European...

Ceramic 3D printing role in hydrogen production is more tangible, 3DCeram demonstrates it in the HyP3D project. When we started discussing what a renewable energy transition with Additive Manufacturing (AM) looks like, a key focus was unconsciously placed on the role of metal 3D printing technologies like LPBF. Interestingly, various projects have popped up this year across...

An ownership spat is brewing between Māori and the Crown as New Zealand uses more renewable energy sources.Currently 99% of the world's hydrogen energy is generated using fossil fuels, such as natural gas or coal.While they are cheap and efficient, the processes emit carbon which is either released into the air or captured and stored.'Green hydrogen' uses water and is being touted as a more...

In 2002, the government of Saudi Arabia moved to step up the private sector’s role in the kingdom’s economy by opening the production of power and desalinated water. Saudi firms Abunayyan Trading Co., Abdulkadir Al Muhaidib & Sons Co., and MADA Group for Industrial and Commercial Development sensed a tremendous opportunity, forming ACWA Power Projects to develop and invest in power...

Synthetic natural gas project developer secures $152m new funding  Quantum Commodity Intelligence Source link...

The results of the first European Hydrogen Bank (EHB) auction are due to be unveiled in May, according to EU energy commissioner Kadri Simson. In a speech to the European Australian Business Council event in Sydney, Australia, yesterday she said: “The first-ever domestic auction for renewable hydrogen production under the new European Hydrogen Bank was opened last November. “The first results can...