The European Investment Bank (EIB) has signed a €25 million venture debt financing agreement with hydrogen refueling station developer Resato Hydrogen Technology. The company, headquartered in Assen in the north of the Netherlands, will use the financing to advance the development of its proprietary technology and expand its production capacity in the coming years.Expanding its […]
On November 7, EC President von der Leyen delivered a video message at the 4th Renewable Hydrogen Summit, with the following key points: In the last 12 months, Europe has made final investment decisions on more than 2 gigawatts of renewable hydrogen energy projects, four times the current installed capacity. by 2024, European investment in […]
GAZ-SYSTEM has completed a study called “Hydrogen Map of Poland” covering 178 hydrogen production, consumption, distribution and storage projects in Poland.The overall objective of the study was to obtain information on the estimated future potential of the hydrogen market in Poland and its possible regional concentration, the company said. The data collected in the survey […]
Some 20 European companies, including steel, energy and hydrogen producers, have formed an alliance to promote a single European hydrogen market through the H2Med corridor. ThyssenKrupp Nucera said this in a message. The programme brings together companies from France, Germany, Portugal and Spain and offers a way to combine hydrogen production, storage and consumption projects. […]
bp has made a final investment decision (FID) for the ‘Green Hydrogen Lingen’ project. The company wants to achieve an important milestone on the road to the industrialisation of green hydrogen energy in Germany. The plant, which will be built as part of a 100 MW project, will be able to produce up to 11,000 […]
Norway will support the construction of an additional nine vessels powered by ammonia or hydrogen fuel. This brings the total number of new shipbuilding projects in Norway receiving government support to 24. Six Norwegian shipowners will receive a total of 943.8 million Norwegian kroner from Enova, the government agency responsible for supporting the country’s economic […]
The FCH2RAIL demonstrator train has successfully completed testing on 6 commercial lines in Spain and Portugal. Two important milestones have been achieved: The train has demonstrated more than 800 km autonomy on a line with very demanding orography, and it is the first hydrogen train to perform tests on the Portuguese Railway Network.
The 2024 Hydrogen Mobility Subsidy Scheme, in which the Dutch Ministry of Infrastructure and Water Management (IenW) plans to allocate €28 million to different consortia led by local H2 companies, will be used to promote the development of hydrogen mobility. A total of 100 companies have applied for subsidies, including 12 hydrogen refuelling station operators […]
The UK government pledged on 9 December to provide support mechanisms and associated business models for the use of hydrogen in power generation to stimulate private investment. In order to reduce the risk of hydrogen-to-power (H2P) investment and support deployment, the Department of Energy Security and Net Zero Emissions (DESNZ) has said it will introduce […]
BMW says it has stepped up the use of hydrogen-powered tools at its manufacturing plants. The German automaker said this includes a major development at the BMW Group’s Regensburg plant, where hydrogen will soon play a central role in production logistics. Starting in 2026, the Regensburg plant will incorporate hydrogen-powered tractor-trailers and forklifts into its […]