Funding Hydrogen

Nordic Baltic Hydrogen Corridor receives EU funding support

Nordic Baltic Hydrogen Corridor receives EU funding support

The project partners of the Nordic Baltic Hydrogen Corridor (NBHC) – Finland’s Gasgrid, Estonia’s Elering, Latvia’s Conexus Baltic Grid, Lithuania’s Amber Grid, Poland’s GAZ-SYSTEM, and Germany’s ONTRAS have signed a grant agreement with the European Climate, Infrastructure, and Environment Executive Agency (CINEA) for the European Union (EU) financial support to the...

EUROPE: Hydrogen and ammonia bulk carrier projects receive  million Enova funding – Bunkerspot

EUROPE: Hydrogen and ammonia bulk carrier projects receive $49 million Enova funding – Bunkerspot

Norway’s Enova has awarded about $49 million (NOK 490.6 million) for two projects aimed at building bulk carriers using liquid hydrogen or ammonia as fuel. In the first project, Bergen-headquartered LH2 Shipping has received NOK 237.6 million ($23.7 million) for the construction of two 5,000 DWT bulk carriers that will be powered by liquid hydrogen. The 96-metre-long vessels will use fuel cells...

Germany cuts funds for hydrogen in new budget

Germany cuts funds for hydrogen in new budget

Germany cuts funds for hydrogen in new budget Germany’s new government has substantially reduced medium-term funds earmarked for development of a hydrogen economy and the decarbonisation of industry. In its first budget, the government has allocated €1.28bn ($1.46bn) in the 2026-32 period for measures aimed at realising the country’s national hydrogen strategy,...

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