Grant agreements for European Hydrogen Bank projects to be signed by November | Policy

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...

Clean hydrogen investment stalls on offtake uncertainty, gasworld summit hears | Finance

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...

Ankur Kumar to lead Essar Power’s renewables division, targets green energy expansion, ET EnergyWorld

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...

Good news flows for hydrogen

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...

The Hydrogen Hustle

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...

Power to Hydrogen signs its first industrial scale pilot at the Port of Antwerp Bruges

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...

3M invests in green hydrogen firm EVOLOH to boost production By Investing.com

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...

Enapter reports 730% AEM electrolyser order increase in Q1 2024 | Technology

German AEM electrolyser manufacturer Enapter has reported a 730% year-on-year order increase in Q1 2024.The first quarter of this year saw incoming orders reach €9.29m ($9.97m) compared to €1.27m ($1.36m) in Q1 2023, with 60% of orders coming from new customers and 75% being attributed to its AEM NEXUS megawatt-class electrolyser.Enapter has said “a large portion” of the orders came from Europe,...

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