Hydrogen Funding

Germany Wins $3.2B In European Aid Funds For Hydrogen Fuel Network

The European Commission has approved a €3 billion grant to the country for the constructionThe European Commission recently released a statement in which it gave its approval for granting $3.2 billion (€3 billion) in state aid in order to provide Germany with support for the construction of a pipeline that will act as a hydrogen fuel network.The funds will pay for the Hydrogen core Network (HCN)...

India’s Greenko looking to raise $288m to fund ammonia plans

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Joe Biden’s flagship hydrogen project faces growing opposition

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseOne of the Biden administration’s flagship projects to derive energy from hydrogen faces an uncertain future due to strong community opposition, underscoring the difficulty in rolling out a technology once hailed as key to the green transition. The Appalachian Regional Clean...

Lhyfe wins €11m grant for green hydrogen project in Sweden

Lhyfe has received a grant of SEK 125.6 million (approx. 11 million euros) from Klimatklivet, a funding program supported by the Swedish Environmental Protection Agency. The grant will be used to build a renewablehydrogen production plant in Trelleborg, a major transport hub with Scandinavia’s largest roll-on roll-off port. The Trelleborg region is strategic for transport and logistics in Sweden. The...

HDF secures Hy2Move funding for fuel cell development | Technology

Blanquefort facility © HDF Energy Blanquefort facility © HDF Energy HDF Energy will receive up to €172m ($183m) to support the development and industrialisation of hydrogen fuel cells at its plant in Blanquefort, France.The grant was received after the European Commission approved French financial support for the project within the framework of the Important Projects of Common European Interest...

Unlocking the next frontier in renewable energy – pv magazine India

The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding. June 25, 2024 Manjesh Nayak, CO-Founder and CFO, Oorjan CleantechAs the world transitions towards sustainable energy solutions, India stands at the forefront of this revolution with hydrogen power emerging as a pivotal element in its renewable energy landscape. With...

Lhyfe receives grant of €11 mn to build hydrogen production in Sweden

Lhyfe, a green and renewable hydrogen production company, has received a grant of up to SEK 125.6 million (c. €11 million) from Klimatklivet. Lhyfe will use the grant received from Klimatklivet, an investment programme supported by the Swedish Environmental Protection Agency, to build a local renewable hydrogen production system in Trelleborg, the southernmost city in Sweden. Trelleborg is a...

FEF calls for light-duty hydrogen station support amid Californian funding changes | Technology

FirstElement Fuel (FEF) has urged California to continue its funding of light-duty hydrogen refuelling stations as it warns failure to do so could risk consolidating supply chains for heavy-duty hydrogen mobility.It comes as the California Energy Commission’s (CEC) draft investment plans under its Clean Transportation Program (CTP) look to narrow its light-duty refuelling investments, focusing more...

How Nikola Makes Money: Hydrogen-Electric Trucks

With a focus on zero-emissions transport, Nikola Corp. is developing innovative energy and transportation solutions and, in particular, hydrogen-electric trucks. Its goal is to empower commercial customers to move to next-gen truck technology, a hydrogen fueling and charging infrastructure, and maintenance. The company's plan is to work with strategic business partners and suppliers to manufacture...

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