HAV Hydrogen – Funding awarded to realise five hydrogen-powered dry-bulk newbuilds. Norwegian state-owned Enova has awarded NOK 300 million in innovation funding to Maris Fiducia Norway AS, with HAV Hydrogen and Norwegian Hydrogen as subcontractors, to develop, build and operate five hydrogen-powered dry-bulk vessels. The NOK 300 million grant is awarded under Enova’s...

The European Commission has given Germany permission to invest around €3 billion in its hydrogen infrastructure to build long-distance pipelines.The commission on Friday said that the positive effects of the government subsidies would be greater than the potential damage that could be caused by distortions of competition.Germany and other countries are investing in hydrogen as a potentially...

The Commission published the final Terms & Conditions for the pilot auction to assign the first 800 million euros under the innovation fund via the Hydrogen Bank to support the scale up of European Hydrogen Production. Bellona had commented on the draft earlier this year, asking to align the rules of the Hydrogen Bank with the objectives of the Innovation Fund: decarbonising European...

Canada has passed a new bill favoring developments in the clean hydrogen sector. The law, Bill C-69, provides “a refundable tax credit to qualifying businesses for investments in certain clean hydrogen projects,” EverWind Fuels, an independent green hydrogen developer, said June 21 in a press release. Bill C-69 also provides a tax credit for certain investments in clean technology manufacturing...

Some 3,000 sq km of additional land is being acquired in the arid region for subsequent expansion and downstream industries, said James Leong, co-founder of Climate Impact Corporation, a Sydney-based firm formed in 2022, which is developing the project.“Australia has plenty of flat terrain and we have the best infrastructure – railways and highways,” said the Hong Kong-based private equity veteran....

Hydrogen UK launches its manifesto for new government with quick wins. With mere days before the general election, the UK’s leading hydrogen trade association, Hydrogen UK, today launches its manifesto. On behalf of the UK hydrogen industry, the manifesto puts forward key policy recommendations for the incoming government to help the industry realise its full potential, with...

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...

BRUSSELS – A new report from Clean Air Task Force (CATF) analyses the costs of different methods for long-distance import of low-carbon hydrogen to Europe, finding that the hydrogen needed to meet demand will likely need to be produced near the point of use or imported by pipeline.  “Global decarbonization efforts are expected to substantially increase demand for low-carbon...

Hy2gen Norge changes name to Hy2gen Nordic. With this, the company announces a strategic expansion of its business beyond Norway to the rest of the Nordic region. Hy2gen Norge, now Hy2gen Nordic, is a subsidiary of Hy2gen AG, changing its name to Hy2gen Nordic. Hy2gen is a global player in the development, investment, construction and operation of production facilities for...

Hydrogen shows a lot of promise as a powerful, clean fuel source – as long as the process that creates it is also green. A new report shows how tough it might be to get to truly green hydrogen, while a new study removes a barrier to its creation.According to a paper published today in the journal Nature Energy, by researcher Kiane de Kleijne from Radboud University and Eindhoven University of...