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...
Deutsche Bank Backs SFC Energy with 'Buy' Rating and €33 Target Fuel Cells Works Source link...
Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...
The Recovery and Resiliency Facility for clean energy is a temporary instrument made available to EU countries in 2021. Among other types of clean energy, it supports countries to invest in hydrogen projects across the value chain.Investment support has also been provided through the Important Projects of Common European Interest (IPCEIs) on hydrogen. The first IPCEI, called 'IPCEI Hy2Tech' includes 41...
( April 15, 2025, 09:46 GMT | Official Statement) -- MLex Summary: Spain has won European Commission approval for its plan to spend 400 million euros to boost its generation of renewable hydrogen. Production will be supported through the “Auctions-as-a-Service” tool within the European Hydrogen Bank, the commission said today. The program will back the construction of up to 345...
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