Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

Hellenic Hydrogen wins European Hydrogen Bank grant with lowest bid

The third auction of the European Hydrogen Bank (EHB) resulted in the approval of EUR 1.09 billion for 1.3 million tons of hydrogen. There are nine projects, for 1.1 GW of electrolyzer capacity. Greece-based joint venture Hellenic Hydrogen placed the lowest successful bid for funding in the general category, for its planned facility at the site of a former coal power plant.The European Commission has...

Analysts Trim Price Targets Amid Darrow Project

Analysts Trim Price Targets Amid Darrow Project

Analysts have slightly lowered their average price target for Air Products & Chemicals Inc. as uncertainty grows around the Darrow project and shifting partnership terms with Yara. Analysts have trimmed their average price target for Air Products & Chemicals Inc. as uncertainty mounts over the Darrow green ammonia project and evolving terms in its partnership with Yara International. The...

EU awards over €1B to green hydrogen projects

EU awards over €1B to green hydrogen projects

The European Commission has selected nine renewable hydrogen projects to share around €1.09 billion in funding through the third auction of the European Hydrogen Bank, with Spain’s T2X among the winners. The auction-based scheme, run under the EU’s Innovation Fund, attracted 58 bids from 11 countries, requesting around €8.4 billion in support against a budget of €1.3 billion,...

EU Awards .3B in Subsidies for Cleaner Hydrogen Production

EU Awards $1.3B in Subsidies for Cleaner Hydrogen Production

Nine cleaner hydrogen production projects have secured a total of EUR 1.09 billion ($1.28 billion) in grants under the third auction of the European Hydrogen Bank. "Across seven countries in the European Economic Area, the projects are expected to provide almost 1.1 gigawatts of electrolyzer capacity and produce over 1.3 million tonnes of hydrogen over their first 10 years of...

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