Tallinn-based Stargate Hydrogen has completed its Series A funding round, securing €11M in equity investments. The Estonian company manufactures electrolyser stacks and systems. The round includes investments from strategic customers with experience in renewable energy and utilities, such as Giga and UG Investments. SmartCap Green Fund, a state-backed venture capital fund focused on greentech...
Hydrogen-focused private asset investor Hy24 is committing $50 million to startup StormFisher Hydrogen’s new project plans for North America. The funding, which comes from Hy24’s Clean Hydrogen Infrastructure Fund, will help StormFisher push forward for its zero or low-emission fuels projects. These include planned e-fuel facilities in Texas, Kansas, Minnesota and Canada. Altogether, the planned...
Scale Gas receives the requested CEF funds to deploy six hydrogen refuelling stations in Spain The European Commission has given the green light to 100% of the funds requested by Enagás subsidiary Scale Gas for the deployment of a network of six renewable hydrogen refuelling stations in Spain, each with a total capacity of 1,000 kg per day, which will form part of the Atlantic...
DOE Launches New Funding Opportunity for Small Businesses Focused on Hydrogen and Fuel Cell R&D FuelCellsWorks Source link...
Germany is hoping the fund will revitalise plans to transition to a hydrogen economy (Audioundwerbung/Dreamstime) Germany’s state-owned development bank KfW has approved a €24bn loan to support the construction of the country’s core hydrogen network. This will involve converting gas pipelines to carry hydrogen, creating a 9,040km-long system by 2032. The aim is to link hydrogen...
Two hydrogen hub projects in the US Midwest, and Texas, secure up to $2.2bn in federal funds, as hydrogen tax credits may face scrutiny from the incoming president Become a community member of Environment Analyst and get access to: Selected articles to read for free each month Fortnightly email newsletter Free webinars and other exclusive...
DEUTZ Joins Consortium to Develop Hydrogen Engines for Off-Highway Applications FuelCellsWorks Source link...
LANSING —Governor Whitmer announced that a Michigan-backed clean hydrogen hub project, the Midwest Alliance for Clean Hydrogen (MachH2) has received $22.2 million from the Department of Energy (DOE) thanks to funding from the Bipartisan Infrastructure Law and support from members of the Michigan congressional delegation.The funding will advance the next phase of planning and development of regional...
More than $22 million in federal funding from the Bipartisan Infrastructure Law is set to boost hydrogen production in Michigan. MICHIGAN—A federal grant awarded this week through the US Department of Energy is set to advance the next phase of planning and development to help expand the production, distribution, and use of hydrogen-powered trucks and other heavy-duty...
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...
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