Funding Hydrogen

Max Power Mining Secures Funding as Helium and Hydrogen Ambitions Converge

Max Power Mining Secures Funding as Helium and Hydrogen Ambitions Converge

Max Power Mining raises C$20.5M to advance its AI-driven hydrogen and helium exploration in Saskatchewan, with high-grade helium finds and a major data center project boosting prospects. A significant private placement has bolstered Max Power Mining's financial position, providing C$20.5 million to advance its dual-focus exploration strategy in Saskatchewan. The capital raise, which...

ITM Power secures £86.5 million in UK support to drive forward its Sheffield hydrogen factory

ITM Power secures £86.5 million in UK support to drive forward its Sheffield hydrogen factory

ITM Power has secured a substantial £86.5 million boost in government support, marking a notable moment in Britain’s push toward cleaner energy. The package brings together both direct funding and strategic investment, with GB Energy taking an ownership stake in the electrolyzer specialist. At the heart of the deal sits a £46.5 million grant from the Department for Energy Security and...

Sheffield hydrogen firm secures £86m Government backing to create hundreds of jobs

Sheffield hydrogen firm secures £86m Government backing to create hundreds of jobs

Hydrogen technology specialist ITM Power has secured financial backing from UK Government bodiesAn existing small-scale ITM Power electrolyser module.Hydrogen technology firm ITM Power has secured more than £86m in backing from Government bodies.The Sheffield-based manufacturer of electrolysers, which produce green hydrogen, has confirmed that publicly-owned Great British Energy has invested £40m...

Eni secures €500 million in financing to advance hydrogen-integrated biorefinery conversion in Italy

Eni secures €500 million in financing to advance hydrogen-integrated biorefinery conversion in Italy

As hydrogen is becoming more integral to the global transition toward clean energy generation, there is an emergence of companies that are willing to invest money into groundbreaking initiatives. At the moment, China is the leading hydrogen-producing country, but the United States is quickly increasing its capacity as well. One advantage that European countries have over the rest of the world...

ATOME extends funding negotiations by a week for green ammonia plant

ATOME extends funding negotiations by a week for green ammonia plant

Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon, ammonia and hydrogen markets. Quantum Ammonia service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Ammonia Daily - market report sent to your...

AfDB Launches Call for Proposals Under SEFA Green Hydrogen Programme to Boost Clean Energy Projects in Africa

AfDB Launches Call for Proposals Under SEFA Green Hydrogen Programme to Boost Clean Energy Projects in Africa

Representational image. Credit: Canva The African Development Bank’s (African Development Bank) Sustainable Energy Fund for Africa (SEFA) has launched a Call for Proposals under its newly established Green Hydrogen Programme, inviting private sector players to develop green hydrogen and derivative projects across Africa. The programme, initially capitalised with support...

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