India’s Ministry of New and Renewable Energy is considering a subsidy scheme to support the use of green hydrogen to generate power as a way to provide “round the clock” renewable electricity, as well as peaking power to the grid. One of the mechanisms that has been tabled is a Contract for Difference. In this type of subsidy, if the market power price is lower than a “strike price” agreed...
Grant agreements for successful projects under the €800m pilot European Hydrogen Bank auction round will be signed by November 2024 at the latest.Having received 132 bids from 17 European countries totalling 8.5GW of production capacity, the total support requested “far exceeds” the available €800m budget.Now, the European Executive Agency for Climate, Infrastructure and Environment (CINEA) is...
Investors are looking at hydrogen projects the same way they look at oil and gas projects and offtake remains key, H2 View’s Make Hydrogen Happen Panel at gasworld’s North American Hydrogen Summit has heard.Aline Ingram, Senior Consultant – Hydrogen and Clean Fuels, Poten & Partners, told the event in New Jersey, US, that hydrogen and derivative offtake is the main challenge facing...
New Delhi: Essar Power Limited, India’s first private sector independent power producer, has appointed Ankur Kumar as the Chief Executive Officer of its Renewables Business Division, in a move to bolster its commitment to green energy.Ankur Kumar, previously the CEO at ACME Solar Holdings Pvt. Ltd., brings over two decades of experience in renewable...
Hydrogen And Fuel Cell News Flash For April 11, 2024 - FuelCellsWorks Press enter to begin your search error: Alert: Content is protected !! We use cookies to ensure that we give you the best...
In a big week for hydrogen, funds have flooded into research projects – including one that could solve a major problem standing in the industry’s way. Of most note, Fortescue officially opened its major electrolyser manufacturing facility in Gladstone and the Australian Renewable Energy Agency handed out research funding.For those who haven’t been paying attention, Fortescue’s new 15,000sq...
Led by Big Oil and other polluters, a massive lobbying campaign is underway to ensure that “clean hydrogen” is defined as laxly as possible. The largest single target of this lobbying blitz is the 45V hydrogen tax credit, passed as part of the Inflation Reduction Act and expected to cost taxpayers hundreds of billions over the next...
Germany's participation in the European Hydrogen Bank European Commission Source link...
Power to Hydrogen signs its first industrial scale pilot at the Port of Antwerp Bruges. This week, Power to Hydrogen and the Port of Antwerp-Bruges announce the largest installation of an AEM electrolyzer stack in the world in a relevant commercial environment. Power to Hydrogen will be one of the first concessionaires signed for NextGen Demo, the innovation hub that is part of...
ST PAUL, MN - 3M (NYSE:MMM), a global science-based company, has recently made a strategic investment in EVOLOH, a cleantech company focused on scaling up the production of electrolyzers for green hydrogen. This investment, as part of a $20 million Series A funding round, is aimed at making the production of green hydrogen more affordable and efficient, contributing to the advancement of the hydrogen...