“This year we will face the consequences of low order intake and project delays or cancellations in 2023 and 2024,” CEO Håkon Volldal said in the annual report. “Although 2025 can still be a good year for winning new business, we know from experience that it takes time from winning a contract until it impacts Nel positively. “Accordingly, we have adjusted our production and organizational...
Germany’s €5 Billion Hydrogen Subsidy Scheme Marks a Milestone in Green Energy TransitionThe European Union has given the green light to Germany’s €5 billion subsidy scheme aimed at decarbonizing industrial production processes through hydrogen, carbon capture, and electrification. This ambitious initiative stands as a pivotal step in Europe’s ongoing pursuit of climate neutrality and...
Funding comes as part of wider €300m package — two thirds of which was allocated to single solar manufacturing schemeSpain's minister for ecological transition and the demographic challenge, Sara Aagesen, speaking in the Spanish Senate earlier this month.Photo: Europa Press/Getty Source link...
This story has been updated to include Air Products’ response to claims made in the report. US carbon capture tax incentives could hand blue hydrogen producers millions in subsidies with no net cut to greenhouse gas (GHG) emissions, according to a new Institute for Energy Economics and Financial Analysis (IEEFA) report.IEEFA labelled the current 45Q incentive structure a...
Renewable hydrogen has ‘little-to-no industry-wide driver in the near term’ for the heating, rail and road transport sectors, according to a study from Aurora Energy Research.Analysing different demand scenarios across Germany, Spain, Sweden and the UK, Aurora found that strict mandates and penalties are set to drive uptake in green hydrogen, particularly in the aviation and...
GOP Rallies to Save Clean Energy Credits & Hydrogen Incentives FuelCellsWorks Source link...
India Reveals Green Hydrogen Subsidy Winners Totaling $259M FuelCellsWorks Source link...
Germany's Election and the Future of Hydrogen Industry FuelCellsWorks Source link...
Governor Gavin Newsom has requested $40 billion in federal aid to assist California in the aftermath of the Los Angeles fires last month. As a Pacific Palisades resident, I can attest the devastation is catastrophic and funds are desperately needed. However, the Trump administration is poised, understandably, to tie a lot of strings to any money it agrees to provide. The list of potential strings is too...
India's largest solar panel manufacturer breaks ground on new 300MW electrolyser factory Hydrogen Insight Source link...
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