Hydrogen Bank
Austria’s Ministry of Economic Affairs and Energy (BMWET) will contribute €200m ($225m) to the next European Hydrogen Bank (EHB) auction.The funding will allow Austrian projects that miss out on EU-level support to receive national backing through the EU’s own Auction-as-a-Service (AaaS) mechanism when the auction opens in December 2026.It will be awarded as subsidies on...
Oct 1, 2026 Spain's Ministry for Ecological Transition and the Demographic Challenge has greenlit 233.4 million euros in support, distributed via the auction-as-a-service model, to expand renewable hydrogen output at three facilities in Castilla-La Mancha and Galicia. Backed by Repsol and Dona Urraca Energy, the trio of developments delivers a combined...
European Energy has secured support under Germany’s hydrogen auction framework linked to the European Hydrogen Bank for plans to add 150MW of hydrogen production capacity in Denmark.The company said funding of up to €228m will support additional hydrogen production connected to its Kassø site (pictured). European Energy added that it was one of three selected projects under the German...
HRS Secures €4.31M Funding Extends Cash Runway to 2027 Fuel Cells Works Source link...
La Spagna assegna 440 milioni di euro a 3 progetti da 250 MW di elettrolisi complessiva tramite il meccanismo Auction as a Service della European Hydrogen Bank HydroNews Source link...
uncertainty, but it also shifts attention to Enagás’ next wave of spending, especially hydrogen infrastructure, where the payback depends on rules that are not yet clear. Berenberg’s view is that until Spain defines how hydrogen projects will be paid for, that spending looks less like regulated investment and more like higher-risk growth projects competing with dividends. Even so, the bank still...
The Hydrogen Council’s “Global Hydrogen Compass” report builds on nearly a decade of detailed reporting in collaboration with McKinsey & Company examines where the hydrogen industry stands today, unpacks lessons learned from the first wave of mature clean hydrogen projects, and explores the impact clean hydrogen can have in strengthening energy security and resilience, enabling industrial...
The African Development Bank Group (AfDB) will provide a $3.55 million grant to Egypt for the “Ra” project for green ammonia production in East Port Said, as part of the bank’s Africa Green Hydrogen Program, which aims to catalyze private sector participation in the hydrogen infrastructure by promoting foreign direct investment (FDI). The aid comes within the framework...
By Staff WriterArab Finance: The African Development Bank Group (AfDB) has selected four green hydrogen and derivatives projects in Egypt, Morocco, Namibia, and South Africa to receive reimbursable grants totaling $20 million, subject to approval by the bank’s Board of Directors, as per a statement.The Sustainable Energy Fund for Africa (SEFA) will provide the financing to advance the projects toward...