PCs Calling for Maximum Local Benefits From Wind-Hydrogen Projects

The official Opposition says it supports the development of wind power in the province, however, they want to make sure Newfoundlanders and Labradorians are the principal beneficiaries.Exploits MHA Pleaman Forsey says the PCs are cautiously optimistic after World Energy GH2 received the green light for a wind-hydrogen project on the southwest coast. The...

Uniper and SKW Piesteritz team up on ammonia and hydrogen | Hydrogen

SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long term’ Uniper and SKW Piesteritz have signed an MOU covering the mutual supply of sustainable ammonia and other hydrogen derivatives.SKW Piesteritz will supply Uniper with green or blue ammonia in the ‘medium to long...

Tesla Semi charging corridor moving ahead despite Biden funding snub

Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that's part of President Biden's Bipartisan Infrastructure Law. But the original scope of the project could still change, TechCrunch has learned. The company had been seeking nearly $100 million from the Charging and...

Japan to spur clean hydrogen production with $20bn in subsidies

TOKYO -- Japan plans to spend 3 trillion yen ($20.3 billion) over the next 15 years to subsidize the production of cleaner hydrogen, aiming to boost cooperation with the private sector to develop a domestic supply chain for the energy source.Hydrogen fuel, which emits only water as a byproduct, is regarded as a next-generation energy source as nations pursue decarbonization. But the cost of hydrogen,...

Scaling Hydrogen financing in Emerging Markets and Developing Countries

To meet the global target for clean hydrogen of 10-15% of energy use by 2050 we need to produce 40m tonnes by 2030. The rich OECD countries simply do not have the renewables resources to do it alone. So there must be a global effort to actively support hydrogen production in Emerging Markets and Developing Countries (EMDCs), explain Carolina Lopez Rocha and Dolf Gielen at the World Bank Group and Ignacio...

Trucks Venture Capital, Collaborative Fund, Amazon Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, Newlab and other strategic investors back Verne’s cryo-compressed hydrogen storage technology

Trucks Venture Capital, Collaborative Fund, Amazon Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, Newlab and other strategic investors back Verne’s cryo-compressed hydrogen storage technology. Verne, a leading developer of high-density hydrogen storage systems, today announced a strategic fundraise led by Trucks Venture Capital, with participation from...

Green Hydrogen: A Multibillion-Dollar Energy Boondoggle

Introduction This past October, the Biden administration announced $7 billion in subsidies to create seven Regional Clean Hydrogen Hubs. In addition, under the 2022 Inflation Reduction Act (IRA), green hydrogen—hydrogen manufactured with no carbon emissions—will be eligible for a production tax credit of up to $3 per kilogram (kg) produced. These subsidies are part of the administration’s...

European Hydrogen Bank Auctions-as-a-Service scheme gains first Member State participant

Germany is becoming the first Member State to participate in the EU’s Auctions-as-a-Service scheme under the European Hydrogen Bank. Through participating in the European Hydrogen Bank, Germany is set to make €350m available from its national budget for hydrogen production in the country. This investment is on top of the €800m already foreseen for European projects from the EU Innovation...

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