With “inconsistent and unsynchronised” funding schemes slowing the ramp-up of hydrogen uptake in mobility, it is time to redesign existing funding mechanisms, Hydrogen Europe says in a new paper released Friday. Under EU regulations, all new light-duty vehicles and urban buses must be zero emission by 2035. Heavy-duty vehicles are also required to achieve a 90% reduction in CO2 emissions in...
The start-up has scaled back operations and made several redundancies, as it works to secure additional investment, MT’s sister magazine Freight Carbon Zero has learnt. Managing director Ian Palmer has also left the company, with the termination of his directorship listed as 21 October in Companies House records. According to sources HVS is not closing its doors but is just running ”slimmer...
HydrogenOne Capital Growth plc – Elcogen secures €25 million EU grant from EU Innovation Fund HydrogenOne Capital Growth plc, the first London-listed fund investing in clean hydrogen for a positive environmental impact, is pleased to note that its portfolio company Elcogen AS (“Elcogen”) has announced that it has secured a €24.9 million (£20.6 million) grant from the...
Elcogen secures €24.9 million grant from EU Innovation Fund to advance green hydrogen production in Europe Tallinn, Estonia: Elcogen (“the Company”), a leading European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and emission-free electricity, is pleased to announce its selection for the European Union’s 2024 Innovation Fund...
Vortex Energy and UofA Secure $1.08M for Hydrogen Storage Research FuelCellsWorks Source link...
Daimler Tests Hydrogen Trucks in Germany with Major Funding FuelCellsWorks Source link...
FUNDING to build the UK’s largest hydrogen production facility in Bradford has been confirmed by Chancellor Rachel Reeves.Bradford Low Carbon Hydrogen, due to be built at the old Birkshall gas storage site, is the largest of 11 green hydrogen projects set to receive a share of £2 billion, which the Government is spending to stimulate the production and demand for green hydrogen.The Bradford project,...
Valero Faces $81,9M Settlement Over Hydrogen System Emission Violations In October 2024, the California Air Resources Board (CARB) and the Bay Area Air Quality Management District (BAAQMD) reached a joint settlement with Valero Refining Company – California (Valero), which operates a petroleum refinery in Benicia, California (Refinery) and processes crude oil to produce...
Bekaert Wins EU Innovation Fund Grant for Green Hydrogen FuelCellsWorks Source link...
Following the momentum of several new hydrogen fuel cell announcements in the private sector, the federal government is accelerating its funding commitment to H2 in the transportation and power generation sectors. The U.S. Department of Energy (DOE) has released a notice of funding opportunity (NOFO) for up to $46 million to accelerate the research, development, and demonstration (RD&D) of more...
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