Hydrogen Bank

The planned end of electrolyser production at Cummins’ plant in Oevel, in Belgium’s Antwerp province, has become the latest test of Europe’s ambition to build a domestic green hydrogen industry.The site, formerly part of Hydrogenics, is expected to lose around 100 jobs as the US group winds down manufacturing activity linked to hydrogen production technology.Cummins has linked the decision to a...

Sara Aagesen, Spain’s Third Deputy Prime Minister and Minister for the Ecological Transition and Demographic Challenge, announced that the government will present a draft hydrogen bill in the coming months. The legislation will transpose the EU hydrogen package into national law and lay the foundations for a regulated hydrogen market in Spain. Speaking at the 4th Hydrogen Day organised by Enagás,...

OMV and Austria Wirtschaftsservice have signed an agreement that will guarantee production funding of up to €123 million ($143m) for a planned green hydrogen plant in Lower Austria. The project, initially announced in May 2025, has been previously assessed positively and recommended for funding by the European Hydrogen Bank. The 140MW plant, into which OMV says it will invest hundreds of million of...

100 Million for Energy Independence - Hydrogen Project in Hallein  Fuel Cells Works Source link...

Austrian state-owned oil and gas firm OMV is preparing to begin construction of a 140MW green hydrogen plant in Bruck an der Leitha, after the project was “positively assessed” for funding by the European Hydrogen Bank (EHB).Siemens Energy will supply the electrolysis technology, lead the engineering, procurement, and construction (EPC) consortium, and contribute its plant...

Representational image. Credit: Canva The African Development Bank’s Sustainable Energy Fund for Africa (SEFA) has opened a new Call for Proposals under its Green Hydrogen Programme. This call is aimed at private sector companies across Africa that are developing projects related to green hydrogen or its derivatives. The goal is to support early-stage projects that can help...

The African Development Bank’s Board of Directors has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10 billion and with the potential to position Namibia as a pioneer in the global green hydrogen economy. The loan, sourced from the Sustainable Energy Fund for Africa (SEFA), will support...

Six green hydrogen projects selected for per kilogramme subsidies in the second European Hydrogen Bank auction have signed grant agreements representing €270.6m ($317.5m).The projects, located in Finland, Spain, and Norway, will receive between €0.33 ($0.39) and €1.88 ($2.21) per kilogramme of renewable fuels of non-biological origin (RFNBO)-compliant produced over 10...

Completion guarantees, tight operational deadlines, and weak demand signals drove green hydrogen projects away from signing grant agreements under the second European Hydrogen Bank (EHB) auction, according to Hydrogen Europe.The assessment comes after just six of 18 projects invited to negotiate under the €1bn ($1.17bn) second EHB round signed up to receive 10-year production...

Spanish state-owned bank the Official Credit Institute (ICO) has awarded €12.8m ($14.9m) to support the deployment of 30 hydrogen refuelling systems in the country.The grant will be allocated to hydrogen refuelling firm HVR, which plans to install 75 refuelling stations across Europe’s Trans-European Transport Network before 2030.HVR’s Activa platform is designed to be...