The second auction under the European Hydrogen Bank, a financing platform to scale up the renewable hydrogen value chain in the European Union and partner countries, has been oversubscribed by over four times with about 6.3 gigawatts (GW) of project proposals asking for over EUR 4.8 billion ($5.23 billion), the European Commission said. “Over ten years, these projects would produce more than...
VUT Launches the Hydrogen Centre of Excellence in Partnership with Standard Bank Fuel Cells Works Source link...
Commission approves a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support renewable hydrogen production The European Sting 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 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...
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