News Colombia could use its vast hydroelectric potential to help jumpstart the country's nascent green hydrogen economy, a leading academic told BNamericas. Universidad de Antioquia in Medellín and state-run oil company Ecopetrol are in the early stages of preparing a pilot that would utilize small-scale hydroelectric power to produce hydrogen for local industries and potential...
For more hydrogen news: https://www.hydrogenfuelnews.com/featured-news/ Plug Power has secured a substantial $1.66 billion loan guarantee from the U.S. Department of Energy to develop up to six green hydrogen production facilities. This financial move aligns with President Biden's goals to bolster U.S. manufacturing and foster a clean energy economy. The initiative is part of the broader Justice 40...
Because the report focuses on policy and technology in place today, analysts took a relatively narrow view of industrial decarbonization. They estimated the potential emissions reductions from the two technologies with direct policy support: carbon capture and clean hydrogen. Carbon capture systems remove CO2 from an existing facility’s waste gases. For instance, in Indiana, U.S. Steel is installing...
Tokyo-based banking and financial services company Mizuho Financial Group announced today a new goal to provide JPY 2 trillion (USD$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030. According to the company, the new goal reflects a growth in funding needs for the hydrogen sector, a key component for decarbonization in several...
Fiona Simon, Australian Hydrogen Council (centre) and Martijn Coopman, Port of Rotterdam (right) speaking at the World Hydrogen Summit.Photo: Sustainable Energy Council Source link...
While celebrating May Day this year, many people may have missed what could turn out to be a major piece of news for Finland's future.It was the announcement of a 45-million-euro grant in aid by the EU's European Hydrogen Bank to the Finnish company Nordic Ren-Gas, which aims to build a production plant for renewable fuels in Lahti.The company was judged to be the most competitive of the hundreds of...
Spanish Cepsa has selected German Siemens Energy for the supply of 100 megawatts (MW) of proton exchange membrane (PEM) electrolysis technology for green hydrogen production at the company’s La Rábida Energy Park in Palos de la Frontera, Huelva, southern Spain.Courtesy of Cepsa The PEM electrolysis will complement the use of alkaline water technology that Cepsa has decided to implement for...
Hydrogen & nuclear energy Sifted Source link...
In August 2021, the UK government published its Hydrogen Strategy and a number of consultations on policies to encourage the development of a UK low carbon hydrogen sector (see posts (1) to (4) in this series here). In a sector where countries are competing keenly to be among the first to capitalise significantly on the coming low carbon hydrogen revolution, momentum is crucial, and April 2022...
TransportEnviroTechInvestmentULEMCo, a Liverpool-based company that converts commercial vehicles to run on hydrogen fuel, has raised over £5 million in a funding round. The round was led by Mercia Ventures, which was investing from its own funds and the first Northern Powerhouse Investment Fund (NPIF), and backed by existing investors Equity Gap, the North West Fund and Scottish Enterprise. The new...