WHAT IS AT STAKE FOR CLEAN ENERGY, PER WOOD MACKENZIE: Another Trump administration would put $1 trillion in clean energy funding at risk, according to a new report from data analytics firm Wood Mackenzie. The report outlines how a Trump presidency could mean an immediate halt to the decarbonization efforts launched by President Joe Biden, with possible cuts to incentives for electric vehicles, green...
Hydrogen Funding
Genevos awarded European Commission funding for hydrogen fishing vessel demonstrator in ‘H2-SEAS’ consortium. Genevos, a French leader in the integration of hydrogen technologies in the maritime sector, joins a consortium of specialists including the project leader Rīgas Tehniskā universitāte (Riga Technical University) , fellow Latvian shipyard A2Z Gannet SIA (GANNET...
The Department of Energy’s Loan Programs Office announced a conditional commitment for loan guarantee to help finance construction of up to six facilities across several U.S. states to produce clean hydrogen using Plug Power’s own electrolyzer technology. May 17, 2024 Anne FischerThe U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced a conditional commitment to Plug Power’s...
Japan's Mizuho aiming for $13bn in hydrogen financing by 2030 Quantum Commodity Intelligence Source link...
This week, green hydrogen startup Hysata raised a whopping $111 million and Rize bagged funds to decarbonize rice production. Elsewhere, the Ocean 14 Capital Fund announced more than $200 million in ocean health investment, and Uber scooped up Delivery Hero’s Taiwan business for nearly $1 billion. Mimic’s robot. Image credit: Mimic Foodtech funding 🇺🇸 ByHeart raises $95m to support...
Tokyo-based banking and financial services company Mizuho Financial Group announced today a new goal to provide JPY 2 trillion (USD$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030. According to the company, the new goal reflects a growth in funding needs for the hydrogen sector, a key component for decarbonization in several...
TransportEnviroTechInvestmentULEMCo, a Liverpool-based company that converts commercial vehicles to run on hydrogen fuel, has raised over £5 million in a funding round. The round was led by Mercia Ventures, which was investing from its own funds and the first Northern Powerhouse Investment Fund (NPIF), and backed by existing investors Equity Gap, the North West Fund and Scottish Enterprise. The new...
As part of a funding package of $7.1 billion for budgeted programs to be administered by the Australian Renewable Energy Agency (ARENA), the Australian government has allocated $2 billion for round two of the Hydrogen Headstart program.Illustration purposes; Archive; Courtesy of Australian Renewable Energy Agency (ARENA) Under this program, projects seeking to produce renewable hydrogen or...
The government has offered billions of dollars to develop a domestic hydrogen industry, but experts say those reaping the rewards must be self sustainable within a decade.Nationals Senate leader Bridget McKenzie believes Australia should use nuclear energy because the transition to renewables is “challenging” as Australia has a “sparsely spread-out population”. The federal government on...
In a significant boost to green hydrogen technology, Australian company Hysata recently announced a substantial capital raise of $111 million USD, co-led by bp Ventures and Templewater in a Series B funding round.This infusion of capital underlines the growing confidence in Hysata's revolutionary electrolyser technology, which promises to make green hydrogen production both more efficient and...