Today, the Commission has set out new plans to stimulate and support investment in sustainable hydrogen production through a European Hydrogen Bank (EHB). Hydrogen can make a major contribution to the EU’s ambitions to end imports of Russian fossil fuels in the next few years and to achieve climate-neutrality by 2050. This initiative is aimed at accelerating investment and bridging the investment gap...
The German government has granted Hydrogenious LOHC Infra Bavaria 72,5 million Euro towards the Green Hydrogen @ Blue Danube project. The federal government is providing 70% of the funding, while the state of Bavaria is contributing 30%.The project has already been designated an “Important Project of Common European Interest” (IPCEI) in the hydrogen “Hy2Infra” wave...
In a significant move towards bolstering Europe’s hydrogen economy, Dr Robert Habeck, German Federal Minister of Economics, and Dr Markus Wittmann, Ministerial Director of the Bavarian Ministry of Economic Affairs, Regional Development and Energy, have officially handed over a grant notification of €72.5 million (US $ 78.94 million) to Hydrogenious LOHC...
Germany is set to invest billions in pioneering hydrogen projects, aiming to boost the production, storage and transport of a potentially transformative source of green energy. Robert Habeck, the German Economy Minister Robert Habeck, the Economy Minister, stated in a ministry statement: “With the funding of hydrogen projects, we are taking a step towards a climate-neutral and sustainable economy in...
Proposed rules on green hydrogen would prove “catastrophic” for the country’s clean energy export ambitions and may result in taxpayers rewarding producers for making the gas using fossil fuels, clean hydrogen advocates say.The federal government’s proposed criteria for access to $6.7 billion in subsidies has appalled those who argue that Australian standards must match strict criteria in the...
Namibia has so far spent N$380 million on consultancy services, feasibility studies and subsistence and travel (S&T) allowances for the development of green hydrogen projects across the country. These projects include Hyphen Hydrogen Energy, the Dâures green hydrogen village, Cleanergy Solutions, HyRail, Hydrogene De France (HDF), HyIron and Zhero. It’s unclear which projects benefited from...
Iris Ceramica Group, a global leader in innovative solutions and high-end technical ceramic slabs for design, furniture, and architecture, along with Edison Next, a company of the Edison Group that supports clients and regions in their decarbonization and ecological transition efforts, have announced the creation of the world’s first 4D technical ceramic slab at H2 Factory.This slab is made using a...
bp has been granted funding, provided jointly by BMWK and Lower-Saxony Government, as part of the European IPCEI Hy2Infra wave for a green hydrogen project in Germany. The funding will help support the development of a 100MW green hydrogen project next to bp’s Lingen Refinery. German Federal Minister of Economics, Robert Habeck, handed over the official letter for the grant on behalf of the...
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The World Bank’s Board of Executive Directors June 28, approved $1.5 billion in financing for a second operation to help India accelerate the development of low-carbon energy. The operation will seek to promote the development of a vibrant market for green hydrogen, continue to scale up renewable energy, and stimulate finance for low-carbon energy investments. An expansion of green hydrogen...