Timmermans made the announcement that €3 billion would be set aside from the upcoming large-scale request for the Innovation Fund in November to boost the hydrogen economy.
An extended Memorandum of Understanding (MoU) examining a collaboration in the development of green hydrogen and its derivatives in the Republic of South Africa was signed by ACWA Power and the Industrial Development Corporation of South Africa (IDC).
The business said that it has inked conditional senior debt agreements with the Swedish Export Credit Corporation, BNP Paribas, ING, UniCredit, Societe Generale, and KfW IPEX-Bank.
The United Arab Emirates and the United Kingdom have the chance to take the lead in the development of clean hydrogen through extensive cooperation encompassing policy, innovation, commerce, and investment, according to a new report.
In order to see the development of a 15-tonne per day hydrogen plant in Louisiana, US, Plug Power and Olin Corporation are planning to enter into a joint venture.
TNO researchers were the first to create a process that uses 200 times less iridium while still producing electrolyzers that perform between 25% and 46% better.
In the Netherlands, the issuance of green Guarantees of Origin for hydrogen has begun. The Netherlands is the first country in Europe to use such a system.
