Author: Anela Dokso

The first phase of EverWind’s $6 billion, 1 million tonnes per year green hydrogen and green ammonia project, which is located in Point Tupper, Nova Scotia, has gained environmental approval.

A formal agreement was made in Mumbai by Kris Peeters, Vice President of the European Investment Bank (EIB), the bank of the European Union, to join the India Hydrogen Alliance (IH2A) and increase support for large-scale green hydrogen hubs and projects throughout India with an indicative funding of EUR 1 billion, subject to Indian Government and EIB approvals.

As one of nine such projects taking place throughout Europe, the EU is providing 8 million euros to establish Ireland’s first “hydrogen valley” in Galway port. The multimillion-euro green energy project, which intends to create hydrogen fuel in Galway for industries along the Atlantic seaboard and for use in air, sea, road, and rail transportation, has received a big boost from the EU financing. When water is electrolyzed into oxygen and hydrogen using a clean main energy source, hydrogen fuel is said to have “zero carbon” emissions. A “hydrogen valley” establishes a regional ecosystem that connects beneficiaries like transportation and…

PowerTap Hydrogen Capital makes new appointments Margarito Rodriguez has been hired as PowerTap Hydrogen Capital’s chief financial officer, while Byron Berry and John Zorbas have been added to the board of directors with immediate effect. Rodriguez is a California CPA with over 13 years of expertise in public accounting, according to the corporation, and most recently served as CFO at its subsidiary PowerTap Hydrogen Fueling Corp. He has experience in a variety of industries, including consumer goods, energy, transportation/logistics, and financial reporting. In contrast, Berry has over 25 years of expertise working with, financing, and advising technology firms. The premier…

Fabrum, a New Zealand-based startup, announced its $23 million Series A fundraising, which was led by AP Ventures of London and included Fortescue Future Industries of Australia, Obayashi Corporation of Japan, and K1W1 of New Zealand.

First Hydrogen is eagerly anticipating the acceptance of the EUR 250 billion in green technology subsidies provided by European Commission President Ursula von der Leyen.

The Norwegian Orkla and the Swedish OX2 have partnered to provide green hydrogen to the company’s Haraldsby facility in Land.

Three projects run by Rolls-Royce will receive £82.8 million (US$100 million) as part of a £113 million (US$136 million) investment from the UK to progress the development of a zero-emission liquid hydrogen combusting jet engine. The ATI Program is used to distribute the funding.

Elogen, a member of the GTT group, has contracted with CrossWind, a Shell and Eneco venture for the development of the Hollandse Kust Noord (HKN) offshore wind project, to create a Proton Exchange Membrane (PEM) electrolyser with a capacity of 2.5 MW.

By the end of the year, the capacity for producing hydrogen is predicted to increase by 165% from 2022 to 4.5 million tons per year (mtpa) globally, according to GlobalData, a top provider of data and analytics.