Funding Hydrogen

Two Hydrogen Hubs Respond to Sudden Federal Funding Cuts

Two Hydrogen Hubs Respond to Sudden Federal Funding Cuts

Following the October cancellations of two separate $1-billion grants for "hydrogen hubs" on the West Coast, the public-private entities that represent scores of companies, institutions, agencies and others seeking to develop projects using the cleaner-burning energy source have formally appealed the Trump administration's termination of previously awarded funding while vowing to advance projects...

Alstom (ENXTPA:ALO): Valuation Check After French IPCEI Hydrogen Funding Is Pulled

Alstom (ENXTPA:ALO): Valuation Check After French IPCEI Hydrogen Funding Is Pulled

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,...

EU opens clean-tech treasure chest for transport

EU opens clean-tech treasure chest for transport

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...

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