By Nickson Bukachi NAIROBI, Kenya, April 2 – As the world grapples with the urgent need to transition towards sustainable energy sources, Kenya is embracing innovative solutions to address its energy needs. One such promising solution is green hydrogen, long overlooked as a potential alternative energy and raw material source for industrial, transport, and domestic...

Ballard announces $54 million of additional funding support, bringing total US federal funding to $94 million for Ballard’s fuel cell Gigafactory in Texas. Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) announced it has been awarded $54 million of investment tax credits from the U.S. Internal Revenue Service as part of the Qualifying Advanced Energy Project Tax Credit (48C),...

South Korea wants to be a world leader in hydrogen vehicles, with a goal of 300,000 units on its roads by 2030, up from 34,260 today. But sales of hydrogen-powered cars plummeted to a new low in January, with only two units sold across the country, according to the Ministry of Trade, Industry and Energy — a 99.4% fall compared to the same month in 2023 — despite the widespread availability of...

The second €2.2bn ($2.4bn) auction of green hydrogen subsidies under the EU’s European Hydrogen Bank is set to be delayed by months in order to gather information from the first round, Hydrogen Insight has learned. The next bidding round is now scheduled to take place this autumn, rather than in the spring as initially announced, although no final decision has been taken by the European Commission...

Morocco is set to embrace green hydrogen in a big way, allocating about 2.5 million acres (1 million hectares) of land to new projects to deliver the clean power source. Green hydrogen, produced when electrolysis converts water into hydrogen and oxygen, has the potential to power trucks, ships, or planes. The only byproduct is water, which is much better than planet-warming gases like carbon...

The analysis involved the idea of supplying the available power from solar and wind energy systems to a green hydrogen and cryptocurrency mining infrastructure with the economic potential used for the expansion of renewable power installations. “Since current cryptocurrency operations now contribute heavily to worldwide carbon emissions, it becomes vital to explore opportunities for harnessing the...

Front, from left, Gov. Maura Healey, Lt. Gov. Kim Driscoll, Secretary Rebecca Tepper of the Office of Energy and Environmental Affairs and U.S. Rep. Lori Trahan during a tour of the fabricating floor of Nuvera Fuel Cells, a Billerica-based company that received $30 million in federal grant funding for its clean hydrogen technology. (Melanie Gilbert/Lowell Sun) BILLERICA —...

Exxon should be eligible for IRA incentives for a low-carbon hydrogen project expected to be the largest in the world. If it isn't, the company will probably scrap it, chief executive Darren Woods told Bloomberg.The current IRA distribution eligibility criteria single out only green hydrogen as eligible for federal financial support. Exxon's project will produce so-called blue hydrogen, which is...

The European Commission‘s pilot European Hydrogen Bank auction has received 132 bids from projects across 17 European nations, which far exceeds the available €800 million  (~$865 million) budget. Collectively, the bids propose an electrolyzer capacity of 8.5 GW. This capacity is expected to generate 8.8 million tons of renewable hydrogen over a decade, covering nearly 10% of the European Union’s...

The Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE) Hydrogen funding lane will open for two weeks beginning at 9 a.m. PDT on April 17, lasting through 5 p.m. PDT on May 1. This lane, funded by the California Energy Commission (CEC) and administered by CALSTART, followed the Electric Vehicle (EV) Fast Track funding lane application window, which is now closed....