This report examines the potential role of multilateral development banks (MDBs) in ensuring that Global South producer countries secure sustainable development benefits from green hydrogen development. Green hydrogen and development finance The analysis is founded on a dual rationale. First, it recognises that green hydrogen presents both opportunities and risks for the sustainable...

NW Natural and Modern Hydrogen Unveil Clean Hydrogen Production, Carbon Capture Project in Portland. NW Natural and Modern Hydrogen welcomed more than 100 guests and employees to an official unveiling of a new project that is producing clean hydrogen while capturing solid carbon. Equipment designed by Modern Hydrogen and installed at NW Natural’s Central Resource Center in...

New and Renewable Energy Secretary Bhupinder Singh Bhalla has underscored the country’s determination to play a pivotal role in the global hydrogen economy. Addressing the World Hydrogen Summit 2024 in Rotterdam, Netherlands,he assured the delegates of India’s capability to meet any scale of production demand for green hydrogen, provided there is sufficient market demand and...

The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology. May 17, 2024 Anne FischerThe U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to Plug Power’s...

In the past few years, governments across the globe have been stepping up efforts to adopt hydrogen strategies and set targets for hydrogen production and technology deployment. With the global recognition of the central role hydrogen will play in the clean energy transition away from fossil fuels, several governments have begun implementing policies in the form of grants, tax credits, contracts...

Wind Power For Renewable Hydrogen – Hy2Gen USA And Ocean Connect Energy Sign MoU. Hy2gen USA Inc., the US subsidiary of global green hydrogen producer Hy2gen, and offshore wind energy developer, Ocean Connect Energy Inc. (OCE), have executed a Memorandum of Understanding (MoU) for the mutual investigation of the potential to power renewable hydrogen production from offshore...

The Inflation Reduction Act of 2022 was signed on August 16, 2022, and included financial incentives that were intended to drive more investment and deployment of clean hydrogen and fuel cell technologies. This bill has sparked a significant amount of conversation surrounding the production and deployment of hydrogen. However, as we see more and more discussion, it is important to understand...

Japan's Mizuho aiming for $13bn in hydrogen financing by 2030  Quantum Commodity Intelligence Source link...

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

EU review of 11 existing adequacy decisions  European Commission Source link...