Funding Hydrogen

Viking CCS project receives development funding | Carbon Capture

Viking CCS project receives development funding | Carbon Capture

Lead developer Harbour Energy has welcomed approval of development funding for the Viking CCS project in the UK’s Humber region.It marks an important step towards final investment decision (FID), which is earmarked before the end of the current parliament (August 2029).The Department for Energy Security and Net Zero provided a £65.5m cash injection and development funding...

Omv secures major eib funding for green hydrogen plant to propel europe s decarbonisation agenda, ETChemicals

Omv secures major eib funding for green hydrogen plant to propel europe s decarbonisation agenda, ETChemicals

Europe’s race to lower industrial emissions and secure a more sustainable energy future has taken a significant step forward. OMV, the integrated energy and chemicals company, has secured a €450 million loan from the European Investment Bank (EIB) for its flagship green hydrogen project in Lower Austria. This financial boost is expected to accelerate the continent’s transition away from fossil...

Chile hydrogen financing: GIZ study maps out supply-side landscape, hurdles

Chile hydrogen financing: GIZ study maps out supply-side landscape, hurdles

A finance-focused initiative to help Chilean renewable hydrogen and derivatives projects advance has reached its first milestone. Specialists presented the findings of the initial supply-side diagnosis, which identified access to development capital (devex)–needed to complete front-end engineering design (FEED) work–as a key area requiring attention, along with securing offtake...

DRIFT secures financing framework for hydrogen vessel rollout

DRIFT secures financing framework for hydrogen vessel rollout

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