Hydrogen Funding

Stargate Hydrogen Raises €42M in Seed Funding

Stargate Hydrogen, a Tallinn, Estonia-based company providing green hydrogen solutions, raised €42M in Seed funding. The round was led by UG Investments and IPCEI, with participation from other investors. The company intends to use the funds to expand operations and development efforts. Led by CEO Marko Virkebau, Stargate Hydrogen is an innovator in the field of...

New Mexico Tech, LANL to Receive $1,3M in Federal Funding to Explore Potential of Geologic Hydrogen

New Mexico Tech, LANL to Receive $1,3M in Federal Funding to Explore Potential of Geologic Hydrogen. Petroleum Recovery Research Center at New Mexico Tech, collaborating with Los Alamos National Laboratory, has been selected to receive $1.3M in funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E). The funding is part of ARPA-E’s...

Western Canadian hydrogen refueling network receives funding

by Inside Logistics Online Staff May 28, 2024The Canada Infrastructure Bank (CIB), along with HTEC, a Vancouver-based designer, builder, owner and operator of hydrogen supply solutions, are partnering to bring a hydrogen production and refueling network to Western Canada.CIB will invest $337 million towards the project, a loan that will expedite and expand HTEC’s operations in British Columbia and...

Media Advisory – Government of Canada to announce investments to build B.C.’s leadership in the global hydrogen economy and support entrepreneurs

BURNABY, BC, May 30, 2024 /CNW/ - The Honourable Terry Beech, Minister of Citizens' Services and Member of Parliament for Burnaby North – Seymour, on behalf of the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), will announce funding for two projects that will build Canada's clean economy and...

US invests $1.3 billion in charging and alternative fuelling infrastructure

The US government has launched a $1.3 billion round of funding to build charging stations and alternative fuelling infrastructure (hydrogen and gas) in urban and rural areas and along designated highways, motorways and arterial roads. Applications for the latest round of funding will be accepted until 28 August 2024.This investment marks the largest funding round to date under the Charging and Fueling...

BMW Secures EU Funding For Hydrogen Development

While other automakers believe hydrogen is a lost hope, BMW thinks there is a future for a fuel cell EV. It continues to test iX5 prototypes around the world and has promised a production vehicle will be launched before 2030. Through the European Union, it has now secured external funding for further investments in this technology.The European Commission has announced BMW is the sole automaker to receive...

Commission approves up to €1,4 billion of State aid by seven Member States for the fourth Important Project of Common European Interest in the hydrogen value chain

Commission approves up to €1,4 billion of State aid by seven Member States for the fourth Important Project of Common European Interest in the hydrogen value chain. The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...

Seven EU States Provide $1.5B Funding for Hydrogen R&D

The European Commission has approved a EUR 1.4 billion ($1.5 billion) joint state aid package put forward by Estonia, France, Germany, Italy, the Netherlands, Slovakia and Spain for research and development projects on hydrogen technologies and applications. The IPCEI Hy2Move package, which is the fourth Important Project of Common European Interest (IPCEI) on the hydrogen value chain, supports 11...

Hydrogen Hubs Receiving $8B In Federal Funds Better Have Their Data Ready ~ Hydrogen Fuel News

Lawmakers are demanding that the Department of Energy back emissions improvements claims.The Department of Energy has been ordered by two House Democrats to provide hydrogen hub projected lifecycle emissions reports for seven of the projects receiving federal funds.The lawmakers are seeking clarification regarding emissionsRepresentatives Jamie Raskin (D-Maryland) and Don Beyer (D-Virginia) signed a...

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