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Germany approves €900M for green hydrogen project H2Global

Green Car Congress

The aim of the project is to advance the international market ramp-up of green hydrogen and to use double-auction procedures for this purpose. This means that hydrogen or hydrogen derivatives are bought cheaply on the world market and sold at the highest bid in the EU.

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Australian Government establishes A$300M fund to support hydrogen projects

Green Car Congress

The Australian Government has established funding to support hydrogen-powered projects. The A$300 million (US$193 million) Advancing Hydrogen Fund will be administered by the Clean Energy Finance Corporation (CEFC). The CEFC Advancing Hydrogen Fund will draw on existing CEFC finance. —CEFC CEO Ian Learmonth.

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HAV Hydrogen to introduce deck-based containerized, modular H2 system for ships

Green Car Congress

HAV Hydrogen, a system integrator for marine fuel cell solutions, is set to launch a deck-based containerized hydrogen energy system for ships in order to fast-track the commercial use of hydrogen as ship fuel. —Kristian Osnes, managing director at HAV Hydrogen. Earlier post.) Earlier post.) —Kristian Osnes.

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REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional

Baua Electric

For the fiscal year ended 2023-24, REC CMD said funding for all green energy projects, which includes a mix of solar, wind energy, and electric mobility, has increased by 533%, from Rs 21,554 crore in FY23 to Rs 1,36,516 crore, including electric mobility and green hydrogen.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

6 billion from 800 million is important to its pivot to generating hydrogen gasoline mobile vehicles and development out HYLA, its hydrogen manufacturing and distribution community. It will additionally borrow towards its structures and alternative property to boost price range. Nikola additionally introduced it fix a $41.9

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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

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DOE issues Request for Information on financing strategies for light-duty H2 fueling infrastructure

Green Car Congress

The US Department of Energy (DOE) has issued a Request for Information (RFI) ( DE-FOA-0001055 ) for light-duty fuel cell electric vehicles (FCEV) fueling infrastructure financing strategies within the context of an early market introduction. Category 2: Hydrogen distributors. Category 3: Hydrogen producers.

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