Winners of first European Hydrogen Bank auction due to be announced in May, says EU energy commissioner

The results of the first European Hydrogen Bank (EHB) auction are due to be unveiled in May, according to EU energy commissioner Kadri Simson. In a speech to the European Australian Business Council event in Sydney, Australia, yesterday she said: “The first-ever domestic auction for renewable hydrogen production under the new European Hydrogen Bank was opened last November. “The first results can...

Commission approves €350 million scheme to support renewable hydrogen production in Germany

Commission approves €350 million scheme to support renewable hydrogen production in Germany. The European Commission has approved, under EU State aid rules, a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank‘s “Auctions-as-a-Service” tool. The German measure is in line notably with the objectives of...

First companies confirmed for innovation hub NextGen Demo in the port of Antwerp-Bruges – Power to Hydrogen

First companies confirmed for innovation hub NextGen Demo in the port of Antwerp-Bruges – Power to Hydrogen. This week, the first concessionaires signed for NextGen Demo, the innovation hub that is part of NextGen District in the heart of the Antwerp port. Power to Hydrogen and TripleW have chosen to use the port environment to test their innovative projects in energy...

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...

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