Germany first beneficiary of European Hydrogen Bank’s financing scheme

Germany will be the first member state to take part in the new EU mechanism ‘Auctions-as-a-service’ of the European Hydrogen Bank, with the federal government providing an additional €350 million for electrolyzer projects in Germany.Courtesy of the European Commission; Credit: Mauro Bottaro These are in addition to the €800 million that the EU Innovation Fund provides for projects across...

NGK Receives Order for NAS Batteries for large-scale green hydrogen production project

NGK INSULATORS, LTD. (hereinafter “NGK”) has received an order from BASF Stationary Energy Storage GmbH (hereinafter “BSES”), a subsidiary of German chemical manufacturer BASF SE, for NAS Batteries for a large-scale green hydrogen production project, developed by HH2E, a German green hydrogen producer.The NAS batteries that have been ordered have a maximum output of 18 megawatts and a capacity...

US EPA expected to drop hydrogen from power plant rule, sources say

By Valerie VolcoviciWASHINGTON (Reuters) – The Biden administration is expected to drop green hydrogen from its landmark plan to slash greenhouse gas emissions from the power sector, to reduce the risk of lawsuits if the nascent technology doesn’t reach commercial scale, according to three sources familiar with the matter.The move reflects skepticism within the U.S. government that the...

Green Hydrogen – Verde Clean Fuels Announces Participation in Consortium Awarded US Department of Energy Funding for Study of Zero Emission Methanol Production Technology

Green Hydrogen – Verde Clean Fuels Announces Participation in Consortium Awarded US Department of Energy Funding for Study of Zero Emission Methanol Production Technology. Verde Clean Fuels, Inc. (NASDAQ: VGAS) (“Verde” or the “Company”), a renewable energy company focused on the development of commercial production facilities to convert syngas derived from diverse...

Japan to allocate clean hydrogen subsidies from $20bn pot to producers by the end of 2024: report

Japan will make a decision on which companies will be in receipt of subsidies from its massive ¥3trn ($20.3bn) fund for clean hydrogen supply by the end of 2024, Japanese newspaper Nikkei reported today (Tuesday). Domestic producers and importers of low-carbon hydrogen are hoping for a slice of the government’s Contracts for Difference-style (CfD) subsidy programme, announced in December, that aims...

UK Infrastructure Bank makes first green hydrogen investment

You are currently accessing Business Green via your Enterprise account. If you already have an account please use the link below to sign in. If you have any problems with your access or would like to request an individual access account please contact our customer service team. Phone: +44 (0) 1858 438800 Email: Source link...

PCs Calling for Maximum Local Benefits From Wind-Hydrogen Projects

The official Opposition says it supports the development of wind power in the province, however, they want to make sure Newfoundlanders and Labradorians are the principal beneficiaries.Exploits MHA Pleaman Forsey says the PCs are cautiously optimistic after World Energy GH2 received the green light for a wind-hydrogen project on the southwest coast. The...

Uniper and SKW Piesteritz team up on ammonia and hydrogen | Hydrogen

SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ Uniper and SKW Piesteritz have signed an MOU covering the mutual supply of sustainable ammonia and other hydrogen derivatives.SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long...

Tesla Semi charging corridor moving ahead despite Biden funding snub

Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that's part of President Biden's Bipartisan Infrastructure Law. But the original scope of the project could still change, TechCrunch has learned. The company had been seeking nearly $100 million from the Charging and...

Japan to spur clean hydrogen production with $20bn in subsidies

TOKYO -- Japan plans to spend 3 trillion yen ($20.3 billion) over the next 15 years to subsidize the production of cleaner hydrogen, aiming to boost cooperation with the private sector to develop a domestic supply chain for the energy source.Hydrogen fuel, which emits only water as a byproduct, is regarded as a next-generation energy source as nations pursue decarbonization. But the cost of hydrogen,...

Compare listings

Compare