Developers have dumped a $14 billion green hydrogen export project, despite almost $90 million in federal government funding commitments.The Central Queensland Hydrogen Project (CQH2) had been touted as one of Australia's biggest green hydrogen projects and was hailed as a pathway to helping achieve net zero emissions targets.State-government owned energy company Stanwell said this morning it had...
IN A NUTSHELL 💡 Over $14 billion in green energy projects have been canceled or postponed in the U.S. due to political uncertainties. 🔧 The cancellations have resulted in the loss of 10,000 potential jobs in the renewable energy sector. 🏛️ Proposed tax reforms by Republicans threaten the tax credits established by the Inflation Reduction Act. 🌍 Republican-led states,...
John Cockerill Hydrogen has secured €116 million in new funding to support its growth plans across Europe and other international markets. The latest round of investment includes contributions from Belgium’s Federal Holding and Investment Company (SFPIM) and Wallonie Entreprendre. Belgian energy infrastructure group Fluxys has also taken an equity stake, reinforcing its commitment to...
Ingeteam Commissions Its Second Renewable Hydrogen Project in Spain Fuel Cells Works Source link...
CSIR leads strategic Master Planning for West Coast green hydrogen hub Green hydrogen is produced by splitting water into hydrogen and oxygen, using electrolysis. This process is powered by renewable energy sources such as solar or wind power. CSIR research group leader, Paul Lochner, says: In the Saldanha context, the water would probably need to be sourced from...
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By Dhanendra Kumar As India rapidly climbs the global economic ladder, overtaking Japan to fourth position, its ambitious goal of attaining 500 gigawatt (Gw) renewable energy (RE) capacity by 2030 stands as a critical pillar in its economic growth as well as climate leadership. However, goals in the renewable sector face significant challenges. A case in point is the looming expiry of the Inter-State...
Renewable Hydrogen – QUALIFYING THE H2SILESIA PROJECT FOR SUPPORT UNDER THE NATIONAL RECOVERY AND RESILIENCE PLAN The Management Board of Polenergia S.A. (the “Issuer“) announces that on 13 June 2025, it became aware that the Bank Gospodarstwa Krajowego (“BGK”) has recommended the H2Silesia project consisting in the construction of a large-scale renewable hydrogen...
Trump tax bill risks exodus of clean hydrogen investment Shorter tax credit deadlines proposed in Trump’s tax bill would derail swathes of green hydrogen projects and severely curb hydrogen investment in the United States, industry experts warn. June 16 – Tax and spending plans in President Trump’s ‘One Big Beautiful” bill passed by the House of Representatives on...
Polish state-owned energy company ORLEN said it has secured more than 1.7 billion zloty ($458.3 million) in grants from European Union (EU) post-pandemic recovery funds to expand its hydrogen energy projects. The company on June 16 said the funding will enable production of hydrogen using renewable energy, along with infrastructure to support the use of...
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