4/21/2025 (P&GJ) — The European Commission has approved a €400 million (approximately $455 million) Spanish state aid program to support renewable hydrogen production through the European Hydrogen Bank’s “Auctions-as-a-Service” tool, part of the EU's broader push for decarbonization and energy independence....
Spain to give €400mn to EU Hydrogen Bank auction losers Spain plans to distribute €400mn ($417mn) among renewable hydrogen projects that met the criteria to compete in the EU’s pilot Hydrogen Bank auction in 2024 but whose bids were too high to be selected for subsidies. The funding will add to €1.32bn to be allocated “in the next few weeks” to large-scale...
How to take the risk out of hydrogen investments – T&E ‘Hydrogen’s moment is here at last’ proclaimed the Economist back in 2021. Today, the bubble has burst. ‘Hydrogen’s moment is here at last’ proclaimed the Economist back in 2021. Today, the bubble has burst. A recent report by BNEF said green hydrogen would remain much more expensive than previously...
Today the European Commission, the European Investment Bank (EIB), KfW Development Bank, Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy signed agreements to support Chile’s growing renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform for Chile. The signing took place in Santiago de Chile and was attended by European Commissioner for...
The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025. Courtesy of the European Commission; Photo by Mauro Bottaro According to the Commission, the scheme will contribute to the objectives of the Clean Industrial Deal...
The European Commission has cleared a €400 million ($455.2 million) Spanish aid program to scale renewable hydrogen output, backing up to 345 MW of electrolyzer capacity and targeting 221,000 tons of production via the EU Hydrogen Bank’s 2025 auction round....
European Commission approves a €400 million Spanish State aid scheme to support renewable hydrogen production The European Commission has approved, under EU State aid rules, a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank‘s “Auctions-as-a-Service” tool for the auction closing in 2025. The scheme...
Deutsche Bank starts SFC Energy with ‘Buy’ – Target 33 Euro FRANKFURT (dpa-AFX Broker) – Deutsche Bank Research has started coverage of SFC Energy’s shares with a ‘buy’ rating and a price target of 33 euros. The manufacturer of direct methanol and hydrogen fuel cells can look back on a quarter of a century of experience in this segment, analyst Michael Kuhn wrote...
Stocks in long-established electrolyser and fuel cell maker, which also produces renewable H2, have lost almost half of their value in the past monthPlug Power staff posing at the Nasdaq building in New York in 2022 after introducing its new corporate logo.Photo: Plug Power Source link...
Air Products shares slip on downgrade at Bank of America – They warned that the company faces growing headwinds across its clean hydrogen portfolio and key industrial markets Air Products and Chemicals’ (NYSE:APD) shares fell about 2% in premarket trading Tuesday after being downgraded by analysts at Bank of America to Underperform from a previous investment rating of...
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