Spain, Lithuania, and Austria Announce New Innovation Fund Support for Renewable Hydrogen Development Fuel Cells Works Source link...
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Nuevo León, a key industrial region in Mexico, is participating in an international initiative to promote low-carbon hydrogen. The state has joined the Hydrogen for Development (H4D) program, launched by the World Bank in 2022, with the aim of fostering a sustainable hydrogen economy in developing countries. According to Natalia De la Fuente, Director of Energy Security and Transition at the...
Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024. In addition to the €1.2 billion in EU funding from the Innovation Fund, the three countries will deploy over €700 million in national funds to support renewable hydrogen production projects located in their...
World Bank Approves $1.5 Billion to Support India's Green Hydrogen Fuel Cells Works Source link...
As a global leader in renewable energy, India is transitioning from fossil fuel-based hydrogen to green hydrogen, driven by technological advancements, cost reductions, and supportive policies. Initiatives like the National Green Hydrogen Mission and Green Hydrogen Policy aim to establish India as a global hub, targeting an annual production of 5 million metric tons by 2030. The strategy emphasizes...
The European Commission (EC) has officially opened the second auction under the European Hydrogen Bank, via the Innovation Fund (IF24), to allocate €1.2 billion from EU Emissions Trading System (ETS) revenues to support producers of hydrogen categorized as Renewable Fuel of Non-Biological Origin (RFNBO) located in the European Economic Area (EEA).Courtesy of the European Commission; Photo by...
The Green Hydrogen Certification Scheme in India (GHCI) aims to promote the production and use of Green Hydrogen , which is generated from renewable energy sources. The summary of key objectives of this scheme are as under: Objective: The scheme is designed to facilitate the development of a market in India, ensuring that hydrogen produced is genuinely green and contributes to reducing carbon...
The European Commission’s second hydrogen auction allocates €1.2 billion ($1.3 billion) for projects supporting renewable hydrogen production, with €200 million earmarked for projects with off-takers in the maritime sector. Bidding is open...
EU Approves Austrian and Lithuanian State Aid Schemes for Renewable Hydrogen Production Fuel Cells Works Source link...