TES announces the successful fundraising of €140m to support the development of its key e-NG (electric natural gas derived from green hydrogen) projects

TES announces the successful fundraising of €140m to support the development of its key e-NG (electric natural gas derived from green hydrogen) projects. Tree Energy Solutions (“TES”), a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen) with a mission to deliver reliable and affordable green energy...

‘Green hydrogen is too expensive to use in our EU steel mills, even though we’ve secured billions in subsidies’

Steel giant ArcelorMittal has said it cannot operate its European plants using green hydrogen, despite being granted billions of euros of EU subsidies to install equipment to do so, because the resulting green steel would be unable to compete on international markets. Instead, the Luxembourg-based steelmaker appears to be intending to use fossil gas instead of H2 indefinitely in its proposed “green...

European Hydrogen Bank: 132 auction bids from 17 countries

European Hydrogen Bank: 132 auction bids from 17 countries In a press release, the European Commission announced that the bids received following the auctions launched by the European Hydrogen Bank far exceeded the planned budget of 800 million euros. A large number of renewable hydrogen producers responded to the call. Kurt Vandenberghe, Director-General for Climate Action, stated that “the...

Southern Ligths Closes Round with Nordic VC Funds, raises 1.6 M€ in the Nordics to digitize the green hydrogen space

Southern Ligths Closes Round with Nordic VC Funds, raises 1.6 M€ in the Nordics to digitize the green hydrogen space. Southern Lights, a climate-tech software startup based in Stockholm, Sweden, announced today that it has raised €1.6 million in funding to digitize the green hydrogen sector. The funding round was led by Finland’s Greencode Ventures, with participation...

Vietnam ASEAN Hydrogen Club And Japan Hydrogen Association Ink Strategic Cooperation Memorandum

Dr. Takeaki Uchida, Vice Chairman of the Vietnam ASEAN Hydrogen Club (VAHC Club), and Mr. Hiroshi Fukushima, Executive Director of the Japan Hydrogen Association (JH2A), have sealed a momentous partnership through the signing of a Strategic Cooperation Memorandum. The virtual signing ceremony was graced by Mr. Le Ngoc Anh Minh, Chairman of the VAHC Club, and Mr. Truong Nhu Tung, Technology Hub of the...

Hy2Gen appoints new COO to lead global strategy | Appointments

Hy2gen has appointed Astrid Hartwijk as its new Chief Operating Officer (COO) to coordinate the company’s corporate strategy.Bringing over 25 years of experience in the energy sector, Hartwijk will support Hy2Gen in achieving its goal of producing renewable hydrogen economically on a large scale and lead the global implementation of its strategy.Commenting on her appointment, Hartwijk said, “My task...

Federal Funding

Dozens of incentives, laws and programs related to alternative fuels are in the books.“When you consider that infrastructure funding in the amounts of tens of billions of dollars is available in just federal grants, it’s a very significant incentive complemented by local/state/regional grants,” said Negley of Dover.“And a necessary one when you consider the cost for installing an EV charging or...

Investors Lining Up for Hydrogen Subsidies in Chile

Chile plans to begin a competitive process within a month to award $50 million in subsidies for green-hydrogen projects as the biggest copper-producing nation strives to become carbon neutral. The Energy and Mining Ministry has identified about 40 projects in industries including mining and infrastructure and has received considerable interest from local and overseas groups, said Energy...

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