Funding Hydrogen

Germany boosts funding for Namibia’s green hydrogen drive – New Era

Germany boosts funding for Namibia’s green hydrogen drive – New Era

The German government has approved an additional €2 million (about N$40 million) in funding to strengthen Namibia’s pioneering green hydrogen initiatives, with a focus on transport innovation and skills development.  Announcing the commitment, Florian Seitz, Chargé d’Affaires of the Embassy of the Federal Republic of Germany, said the funding will help demonstrate real-world applications of...

Plug Power (PLUG) Rises 57.7% After Securing .66 Billion DOE Loan for Hydrogen Expansion

Plug Power (PLUG) Rises 57.7% After Securing $1.66 Billion DOE Loan for Hydrogen Expansion

Plug Power recently secured a US$1.66 billion loan guarantee from the U.S. Department of Energy to fund new hydrogen plants, while announcing an extended partnership with logistics firm Uline through 2030 and new international collaborations in Brazil. These developments, combined with growing demand for the company’s hydrogen fuel cells from large data center projects, underscore Plug Power’s...

EU-funded wave energy hydrogen project underway in Croatia

EU-funded wave energy hydrogen project underway in Croatia

A project at Zigljen Port on Croatia’s island of Pag is advancing the use of wave energy for green hydrogen production under the North Adriatic Clean Hydrogen Investment Platform (NACHIP).Zigljen Port on Croatia’s island of Pag. Source: NACHIP The “Innovative Green Hydrogen Production from Wave Energy in Zigljen Port (Novalja)” project, led by Leonitus, is valued at €5.4 million and...

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