Hydrogen Funding

Electrolyser technology that promises to reduce cost of hydrogen by up to 20% receives government grant

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

Universal Hydrogen folds citing lack of funds

Liquid hydrogen propulsion developer, Universal Hydrogen, has gone bust, citing a lack of funds. It burned through the US$100million funding it received from investors in just over four years.Since it started in 2020, Universal Hydrogen enjoyed some notable success. It gained Phase 1 certification from the FAA, and in March 2023, flew its Dash 8-300 testbed ‘Lightning McClean’ – the largest...

American Airlines invests in ZeroAvia, hydrogen-electric engines

Popular US flight operator American Airlines is continuing its venture into more sustainable air travel by increasing its investment in Hydrogen-electric aviation technology developer ZeroAvia. Building off a previous Memorandum of Understanding, American has also (conditionally) committed to purchasing 100 hydrogen-electric plane engines from ZeroAvia for regional flights. Over the...

Thiozen Announces $3.2M in Funding from Provincial Government for Project in Alberta

Producing hydrogen from 'sour gas' waste streams for Emissions Reduction Alberta, Alberta Innovates PASADENA, Calif., July 1, 2024 /PRNewswire/ -- Thiozen, the first company ever to produce clean hydrogen from "sour gas" waste streams, today announced it has received a total of $3.2M in funding for a clean hydrogen project in Alberta, Canada. Administered by Emissions Reduction Alberta (ERA)...

Hydrogen aviation pioneer Universal Hydrogen fails, citing lack of funding – GreenAir News

Universal Hydrogen, a high-profile startup of zero emission aircraft propulsion systems, has collapsed, despite big-name investors. The California-based company was developing a novel modular fuelling system through which canisters of hydrogen would be delivered to airports and loaded directly onto the aircraft they would power, negating the need for fixed fuelling infrastructure. But late last week the...

Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen

Air Products Receives Funding to Build Two Large-Scale Hydrogen Refueling Stations in the Region of North-Rhine Westphalia Nordrhein Westfalen

This NRW funding to support Hydrogen Fueling Infrastructure represents an important advancement in the company's ongoing efforts to help its customers reduce global carbon emissions and contribute to a more sustainable future. As the world’s largest hydrogen supplier, Air Products has hands-on operating experience with over 250 hydrogen fueling station projects in 20 countries, with the...

Enova announces funding for hydrogen and ammonia-powered vessels | Mobility

Norwegian state-owned Enova has announced NOK 1.2bn ($113m) will be allocated to nine hydrogen vessels and six ammonia vessels.The selected ammonia companies include Høegh Autoliners and Amon Gas, whilst Maris Fiducia, Møre Sjø, Napier and Halten Bulk will lead the hydrogen project.Enova launched the ‘Hydrogen in Vessels’ and ‘Ammonia in Vessels’ last December (2023), in order to establish...

Can a new hydrogen scheme help? – DW – 04/30/2024

It may be just a small little detail, but it may manage what the German government hasn't been able to do in the past decade: Invest large-scale in infrastructure. Since 2011, the country's so-called debt brake has put strict limits on how much fresh borrowing the government can raise annually. It was enshrined in the German constitution in the wake of the 2008 global financial crisis. However, the...

Hydrogen start-up Hysata secures over $110m of funding to expand production of its ultra-efficient electrolyser

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source link...

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