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Alstom (ENXTPA:ALO) has just confirmed that French government funding for its IPCEI backed hydrogen projects is being pulled. This has prompted the group to suspend related work while it negotiates alternatives with authorities. See our latest analysis for Alstom. The news lands after a strong short term rebound, with a 7 day share price return of 7.7 percent and a 30 day gain of 14.6 percent. However,...
Dutch outgoing Minister of Climate and Green Growth Sophie HermansPhoto: Robin Utrecht/ANP/AFP via Getty Images Source link...
The European Commission has opened three new funding programmes worth a combined €5.2 billion, financed from EU Emissions Trading System (ETS) revenues. The support package includes a €2.9bn call for net-zero technologies, a €1.3bn hydrogen production auction, and the EU’s first-ever €1bn auction for decarbonising industrial process heat. According to the Commission, the funding aims to...
Namibia’s Large Green Hydrogen Project gets USD10 million loan from the African Development Bank – The Tanzania Times You cannot print contents of this...
The African Development Bank’s Board of Directors (www.AfDB.org) has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green hydrogen economy.The loan,...
The Rutgers Center for Advanced Infrastructure and Transportation (CAIT) in the School of Engineering is preparing to demonstrate hydrogen fuel cell technology as part of a $13 million pilot project funded by the New Jersey Economic Development Authority (NJEDA). The project includes partners Public Service Enterprise Group Inc. (PSEG), the Center for Transportation and the...
Air Products is signing off 2025 on a positive note after announcing an imminent deal with ammonia and fertiliser giant Yara for its troubled Louisiana blue hydrogen project.One key element is the 45Q carbon capture tax credits, which avoided the clean energy funding cull from the US government.CEO Eduardo Menezes said the credit, which offers up to $85/tonne of carbon dioxide capture, stored or...
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