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Fusion Fuel awarded €3.6m in grant funding for 1MW green hydrogen mobility project in Portugal

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million in grant funding through Component 5 (‘C-5’) of Portugal’s Recovery and Resilience Plan to develop a 1 MW decentralized green hydrogen production facility co-located with a hydrogen refueling station in Elvas, Portugal. Fusion Fuel has been awarded €3.6 Earlier post.)

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Fusion Fuel receives approval for €10M grant to develop HEVO-Industria project

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Fusion Fuel will receive an estimated €10-million grant as part of Component 14 (C-14) of the Portuguese Recovery and Resilience Plan to develop its 6.6MW HEVO-Industria green hydrogen project in Sines, Portugal. HEVOs are affixed to the back of high-efficiency concentrated photovoltaic (CPV) panels to make a HEVO-Solar generator.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The 100% electrified powertrain line-up of the new Toyota C-HR reflects Toyota’s commitment to offer what it terms appropriate carbon reduction opportunities to the largest and most competitive market segment in Europe. Its eight European manufacturing plants are located in Portugal, the UK, France, Poland, Czech Republic and Turkey.

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NREL: Untapped potential exists for blending hydropower, floating PV

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Hybrid systems of floating solar panels and hydropower plants may hold the technical potential to produce a significant portion of the electricity generated annually across the globe, according to an analysis by researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL). This is really optimistic.

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Galp and Northvolt establish JV for lithium conversion plant in Portugal; initial annual capacity of 35,000 tons of lithium hydroxide

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Portugal-based energy company Galp and Sweden-based battery manufacturer Northvolt have agreed to set up a joint company, Aurora, that aims to become a steppingstone for the development of an integrated lithium-battery value-chain aligned with Portuguese and European ambitions.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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The project, part of Cepsa’s 2030 strategy Positive Motion, will contribute to Europe’s energy security and independence, in line with the objectives of the European Union’s REPowerEU strategy. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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Green hydrogen is produced by using renewable energy (wind and solar) to power electrolysis that splits water into its constituent parts. It is now estimated that green hydrogen could supply up to 25% of the world’s energy needs by 2050 and become a US$10-trillion addressable market by 2050.

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