The winner of the European hydrogen bank's largest subsidies will not take up the funding because the project cannot meet timelines set by the EU, one of its developers has told Argus.Swedish utility Vattenfall and Danish investment fund Copenhagen Infrastructure Partners earlier this year won €246.6mn ($287mn) in the hydrogen bank's second round, for their 500MW Zeevonk electrolysis project in the...
Austrian group OMV has signed a funding agreement with the state for its green hydrogen project in Bruck an der Leitha. The 140 MW plant is expected to produce up to 23,000 tons annually from late 2027. OMV and Austria Wirtschaftsservice GmbH (aws) have concluded an agreement guaranteeing production subsidies of up to €123 million for the future green hydrogen plant in Bruck an der...
As Congress seeks to pare government spending, the fate of the energy tax credits created by the Inflation Reduction Act (IRA) is uncertain. Which tax credits might be up for repeal or rescission is a matter of speculation, negotiation, and fierce lobbying. Among the many tax credits at issue is the 45V tax credit for producing clean hydrogen. Critics have decried the tax credit as just...
E&E News: DOE floats new cuts to hundreds of clean energy grants POLITICO Pro Source link...
INTERVIEW | 'Reliance on subsidies and third-party core components will end in tears for Western electrolyser makers' Hydrogen Insight Source link...
Support CleanTechnica's work through a Substack subscription or on Stripe. Lhyfe’s recent press release—another just before Christmas, end of the week, hope no one notices effort like others I’ve assessed in recent days—reported on in the usually excellent Hydrogen Insight industry publication, claims that revenues doubled in 2025 and that the company is now strategically refocusing and...
Japan Enhances Green Hydrogen Production with Subsidies Fuel Cells Works Source link...
Power generator receives 15 year government support to bridge price gap between ammonia and coal as country pursues climate goals Japan’s largest power generator has secured a crucial government subsidy that will help transform how the country produces electricity. JERA received approval for 15 years of financial support covering the cost difference between ammonia and coal,...
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