Funding Hydrogen

Vema Hydrogen Names Energy Veteran Jim Kueser Chief Financial Officer

Vema Hydrogen Names Energy Veteran Jim Kueser Chief Financial Officer

Vema Hydrogen Names Energy Veteran Jim Kueser Chief Financial Officer HOUSTON, July 31, 2025 (GLOBE NEWSWIRE) — Today, Vema Hydrogen, developer of a disruptive renewable hydrogen production technology, announced that energy veteran Jim Kueser has joined as Chief Financial Officer. The strategic addition will help advance the company’s expansion across the U.S. and global...

Fortescue agrees to repay hydrogen grant for dumped Gladstone project ‘where required’

Fortescue agrees to repay hydrogen grant for dumped Gladstone project ‘where required’

Fortescue has agreed to pay back taxpayer funds that were poured into a nixed green hydrogen project “where required”, following pressure from the Albanese Government.The Andrew Forrest-controlled miner on Thursday revealed it would dump green hydrogen projects in Australia and the US as it struggles to find a commercial pathway to full-scale production of the clean fuel, which is produced by the...

UK Approves £38B Nuclear Project, Alongside ETS Reforms and 10GW Hydrogen Ambition

UK Approves £38B Nuclear Project, Alongside ETS Reforms and 10GW Hydrogen Ambition

The UK government has approved the Sizewell C nuclear power plant. This decision shows the country’s commitment to clean and secure energy for the long term. Once completed, the plant will supply reliable, low-carbon electricity to about six million homes—roughly 7% of the UK’s total electricity needs. Sizewell C is in Suffolk. It’s the first nuclear project to reach this stage since Hinkley...

UK signs funding contracts for 10 awarded H2 projects

UK signs funding contracts for 10 awarded H2 projects

After significant delays, the UK government confirmed Wednesday that ten of the 11 green hydrogen projects selected for funding under the first hydrogen allocation round (HAR1) have now signed funding agreements. The scheme provides green hydrogen developers a strike price of £241/megawatt-hour ($326.1/MWh). The selected projects are expected to receive over £2 billion in revenue support...

Scottish government launches £7 million green hydrogen fund

Scottish government launches £7 million green hydrogen fund

The Scottish government has announced that businesses will be able to bid for a share of up to £7 million funding to kick start green hydrogen projects across Scotland.The funding is available to hydrogen projects with a production capacity of 5-400MW, and will help cover development stage costs. Support will also be available for work that supports the hydrogen supply chain and storage...

Why the European Hydrogen Bank is more than just a subsidy

Why the European Hydrogen Bank is more than just a subsidy

Jorgo Chatzimarkakis, CEO of Hydrogen Europe, discusses the recent results of the European Hydrogen Bank auction and what they mean for Europe’s hydrogen sector. At the end of May 2025, the European Commission published the results of the second European Hydrogen Bank (EHB) auction. A total of €992m in public funding was awarded to 15 renewable hydrogen projects, which are expected to collectively...

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