The European Hydrogen Bank’s second auction for the production of renewable hydrogen has attracted 61 bids from projects in 11 countries with the European Economic Area (EEA). Eight of the bids were submitted under the dedicated maritime topic by hydrogen producers with off-takers in the maritime sector. The total grant support requested is more than €4.8...
Isidoro Tapia will be one of the speakers of the Budapest Hydrogen Summit, to be held on 15 April.As the Climate Bank, the European Investment Bank (EIB) is working closely with the European Commission, national governments and industry to accelerate Europe’s green transition and strengthen economic competitiveness through the Clean Industrial Deal announced in February. Renewable hydrogen has the...
For this reason, the EU intends to facilitate market development in advance of 2030, including by developing a mechanism dedicated to the hydrogen market. This mechanism will rely on an IT Platform, which is currently in development, following a call for tender to select a service provider to design and develop such a platform, which closed on 12 August 2024.Connecting buyers and suppliers – well...
Indias renewable hydrogen developers bank on cost advantage in lackluster global market: S&P report The Tribune India Source link...
India's renewable hydrogen developers hope cost advantages and offtake interest will help kickstart "green ammonia" export opportunities in 2027 despite the sector's uncertain outlook, according to S&P Global Commodity Insights.India aims to export more than half of its targeted production of 5 million mt of renewable hydrogen by 2030 from emerging hubs in the coastal states of Odisha, Andhra...
The European Commission will support HDF Energy’s hydrogen power plant project in Barbados, the first of its kind on the island.Alongside the International Finance Corporation (IFC), IDB Invest and the Green Climate Fund (GCF), the European Investment Bank (EIB) is offering the Renewstable Barbados (RSB) project a combination of guarantees and investment grants.Project RSB is expected to...
Portugal: Euorpean Investment Bank finances Galp’s Renewable Hydrogen and Biofuels projects in Sines with €430 million The two projects, already in construction at the Sines Refinery, represent a total investment of €650 million. The Biofuels unit, financed with €250 million, will produce low-carbon fuels essential for the decarbonization of transport. The...
Hydrogen Europe and 16 other European associations have called on the European Commission to revise the bloc’s hydrogen policy.Illustration purposes only; Courtesy of the European Commission Specifically, the group asked for a hydrogen policy “reality check,” urging the Commission to address the following issues: adopt a more pragmatic and technology-neutral approach to enable...
Power sectors gets specific on ‘Electrification Bank’ pitch EURACTIV Source link...
Germany Abandons €350M Renewable Hydrogen Auction Amid Disagreements with EU FuelCellsWorks Source link...
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