Funding Hydrogen

Bill Gates-backed hydrogen startup cuts workforce as commercial plans stall

Bill Gates-backed hydrogen startup cuts workforce as commercial plans stall

Modern Hydrogen, a Seattle-area clean-energy startup once backed by Bill Gates, has laid off most of its workforce and halted key projects, leaving contractors anxious about unpaid invoices and raising fresh questions about the company’s future. The privately held firm spent a decade developing technology that cracks natural gas to produce clean hydrogen and solid carbon, yet it now faces an abrupt...

Innovation Fund: €5.2 billion for clean tech, hydrogen, and industrial heat decarbonization

Innovation Fund: €5.2 billion for clean tech, hydrogen, and industrial heat decarbonization

Specifically, these are the IF25 Net-Zero Technologies call with a budget of €2.9 billion, the third EU hydrogen auction with a budget of €1.3 billion, and the first European auction for the decarbonisation of industrial process heat, with an allocation of €1 billion.  Overall, these three new funding opportunities mark a significant step towards achieving the EU’s 2030 and 2050 climate and...

Future of ARCH2 uncertain amid funding cuts

Future of ARCH2 uncertain amid funding cuts

A regional project once lauded by federal and state leaders to help achieve a common goal of energy dominance is facing an uncertain future as the Trump administration continues axing federal funding. The project — called the Appalachian Regional Clean Hydrogen Hub, also known as ARCH2 — was part of the Biden administration’s strategy to achieve its goal of reducing carbon and other...

Speed up hydrogen rules and funding decisions, EU watchdog urges | MLex

Speed up hydrogen rules and funding decisions, EU watchdog urges | MLex

( December 2, 2025, 14:01 GMT | Official Statement) -- MLex Summary: Europe should move faster to put new clean-energy rules into national law so that companies know what to expect, the energy regulators’ agency recommends in its latest report on hydrogen markets. ACER urges governments to direct funding toward heavy industries that are ready to switch to cleaner hydrogen and to speed up the...

MAX Power Mining Advances Canada’s First Natural Hydrogen Well with Strategic Partnership Funding – citybuzz

MAX Power Mining Advances Canada’s First Natural Hydrogen Well with Strategic Partnership Funding – citybuzz

MAX Power Mining is accelerating evaluation work at Canada’s first natural hydrogen well near Central Butte, Saskatchewan, following encouraging core-scanning and gas-testing results. A service rig is mobilizing for zone testing along the 475-kilometer Genesis Trend, with the program expected to begin the week of December 1, 2025. The operation will perforate targeted...

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