Hydrogen Ukraine and AB5 Consulting have won a grant to advance its H2U Renewable Hydrogen Project, located in Ukraine’s Odesa region.It was secured through InnovateUkraine, funded by the UK International Development and hosted by British Embassy Kyiv. The hydrogen production project will have an initial electrolysis capacity of 100MW.H2U will ensure a renewable hydrogen plant is constructed,...
Hydrogen Funding
The European Commission has awarded approximately €720 million (~$772 million) to seven green hydrogen projects across Europe through the first competitive auction under the European Hydrogen Bank initiative. The winning projects were selected from 132 bids submitted from 17 European countries, totaling over €15 billion (~$16 billion) in requested funds – far exceeding the €800 million budget...
Industry is urging the German Government to resume hydrogen transport funding after it was suspended following allegations of nepotism against the Transport Ministry’s former head of hydrogen and fuel cells.In a letter to Chancellor Olaf Scholz, Transport Minister Volker Wissing, Finance Minister Christian Lindner, and Climate Minister Robert Habeck, organisations warned that Germany was on the verge...
Green Energy Park (GEP) has reached a significant milestone in its endeavor to construct one of the largest hydrogen and hydrogen derivatives production plants globally. The company has finalized a definitive agreement for $30 million in Series-A funding and has secured long-term rights to the hydrogen port terminal facilities in Luis Correia, Brazil. This pivotal step...
The EU has awarded nearly €720m to seven renewable hydrogen projects with a combined electrolysis capacity of 1.5GW in the European Hydrogen Bank’s first subsidy auction.In November 2023, the European Commission launched the pilot auction under the European Hydrogen Bank to support the production of renewable hydrogen in Europe.The European Hydrogen Bank aims to support the scale-up of cleaner fuels...
HRS Obtains The Support Of The BPI With A Eur 1,35 Million Grant For Innovation And International Development – Hydrogen Refueling. HRS, a French designer and manufacturer and European leader in hydrogen refueling stations, is proud to announce that it has received exceptional funding of €1.35 million from Bpifrance. This strategic financial support is aimed at accelerating...
Company reports revenue growth of 103% in fourth quarter and 240% for full yearNorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) ("NorthStar" or the "Company") today released its financial results for the year ended December 31, 2023. All dollar figures are quoted in Canadian dollars."We delivered very strong growth in our first full year of operations, with revenue and customers increasing...
The Netherlands Agency Enterprise (RVO) has granted RWE a funding commitment of 124.9 million euro for its Eemshydrogen project. Eemshydrogen is a project to build a 50-megawatt electrolysis plant at RWE's site in Eemshaven to produce green hydrogen. RWE plans to operate the electrolyser with green electricity from its Westereems wind farm, which is located only around 5 kilometres from...
A Department of Energy advisory committee said Tuesday that the nascent “clean” hydrogen industry is not growing fast enough to meet U.S. climate goals, a conclusion that Energy Secretary Jennifer Granholm called “sobering.” According to a new report from the National Petroleum Council (NPC), the hydrogen industry won’t generate enough supply and demand for the emerging low-to-zero carbon...