The African Development Bank Group will deploy $20 million in targeted project preparation grants to commercialise four frontier green hydrogen facilities. Project selection frameworks manage infrastructure development windows spanning Egypt, Morocco, Namibia, and South Africa. Bank Vice President Kevin Kariuki confirmed the technical support program will address capital market blockages...
The rollout of Europe’s hydrogen industry is lagging behind expectations: of the €1.2 billion ($1.39 billion) available in the European Hydrogen Bank’s (EHB) second auction, only around €300 million has been committed to actual projects. This has led national hydrogen associations from more than a dozen countries including Spain, France, Italy, Ireland, Finland, Norway, the Czech Republic,...
The Spanish energy company Iberdrola had secured total incentives of €388.7 million, to be paid out over ten years based on the kilograms of hydrogen produced, in relation to the two projects NOON II and ODIN (which involved 80 and 140 MW of electrolysis), as part of of the second Spanish auction conducted using the...
Under the third auction of the European Hydrogen Bank (EHB), the European Commission has selected nine hydrogen production projects in seven Member States, which will receive around EUR1.09bn (USD1.3bn) in EU funding from the Innovation Fund, sourced from the EU Emissions Trading System (ETS) (European Commission press release, 07/05/2026). The nine projects are expected to add almost 1.1 GWe of...
Support CleanTechnica's work through a Substack subscription, on Patreon, or on Stripe. Help us produce all of the high-quality, original content we publish week after week despite the challenges of content-scraping AI, antisocial media, inflation, and other hurdles. The Port of Antwerp-Bruges now has what its developer calls a commercial-scale AEM electrolyzer. Power to Hydrogen’s...
Realized green hydrogen demand is falling short of policy targets: today, less than 1% of EU hydrogen originates from green sources and only 7% of announced capacity has been completed on schedule. Beyond cost competitiveness, green hydrogen uptake depends on demand-side interdependencies linked to shared infrastructure, supply chains and knowledge exchange. Yet, aside from sectoral mandates for the...
LOI signed for Africa's sustainable developmentLong-term cooperation on clean energy transition and more Hyundai Motor Group Vice Chairman Jang Jae-hoon (right) and African Development Bank Chief Economist and Vice President Kevin Chika Urama pose for a photo at the signing ceremony for a letter of intent on cooperation for Africa's energy transition and sustainable development, held Tuesday...
Hyundai Motor Group is joining forces with the African Development Bank (AfDB), Africa's largest multilateral development finance institution, to jointly identify mid- to long-term business opportunities in clean energy transition and EV industry ecosystem development. The two parties signed a Letter of Intent (LOI) on the 8th at Hyundai's Yangjae headquarters in Seoul, agreeing to further specify the...
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