Transmission system operator (TSO) bayernets is investing €210 million in the energy infrastructure in southern Germany, specifically a gas pipeline expected to meet the basic requirements for the transportation of hydrogen. KfW IPEX-Bank, Commerzbank and DZ Bank are each contributing a third of the sum.Courtesy of bayernets GmbH KfW IPEX-Bank said that the investments will be used for the...
Hydrogen Funding
The Biden administration did not select Virginia as part of a multistate hydrogen hub that was expected to create hundreds of jobs, but a smaller Hampton Roads site dedicated to demonstrating the potential of the green fuel is still progressing, a Virginia Tech organizer said.In October, the U.S. Department of Energy chose to fund seven green hydrogen hubs across the country with $7 billion from by...
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John Cockerill and its subsidiary, John Cockerill Hydrogen, announced on Monday the signing of binding commitments for a €230 million (US $250.9 million) capital increase. The funding round is led by SLB, a global energy technology company, and supported by SFPIM and Wallonie Entreprendre (WE), two leading Belgian public investment institutions, along with...
Office: Carbon Management FOA number: DE-FOA-0002400 Download the full FOA: FedConnect FOA Amount: $19 million Background Information On June 11, 2024, the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) announced six projects selected to receive approximately $9.3 million in federal funding to develop cutting-edge technology...
Brisbane-based Stralis Aircraft has become one step closer to its ambition of operating the first piloted hydrogen-electric flight in the Southern Hemisphere after securing funding from the government to support test flights of its ‘Bonnie’ plane in 2025.The funding will allow the company to convert its conventional single-engine Beechcraft A36 Bonanza, known as ‘Bonnie’, into a 200kW...
On an overcast day at the end of May, the UK’s energy minister climbed aboard the world’s first hydrogen-powered digger. After connecting a pipe to refuel the white-and-green backhoe loader, built by JCB, Claire Coutinho vowed that Britain would “stay at the front of the race” to use renewable hydrogen to reduce emissions from the construction industry. But not everyone agrees that hydrogen...
Norway-based cleantech company TECO 2030, compatriot engineering company BLOM Maritime and Dutch logistics company Samskip have received a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel. Courtesy of Samskip This innovative project aims to significantly reduce emissions from the LNG-fueled vessel, which currently operates on a...
Freeport East has announced that the Hydrogen Zero Emission Maritime (HyZEM) project, which focuses on developing low-carbon green hydrogen technology for high-powered workboats, will receive £1.44 million from Innovate UK and ‘a similar sum’ from Australia’s Department of Climate Change, Energy, the Environment and Water. Businesses from the UK and Australia specialising in green hydrogen...
The Federal Department of Climate Change, Energy, the Environment and Water has announced it will partially fund the Hydrogen Zero Emission Maritime (HyZEM) project, designed to drive decarbonisation in the maritime sector. The project will receive £1.44 million ($A2.77 million) from Innovate UK with a similar sum to come from the Federal Government. The news was welcomed by Freeport...