Zepp.solutions, a frontrunner in the European hydrogen fuel cell industry, has recently secured a significant €3 million investment.
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Provaris Energy Ltd has made a significant move in bolstering its hydrogen development plans by entering a partially secured $3 million Convertible Bond Facility with Macquarie Bank.
The European Commission’s recent announcement of €720 million in funding for seven renewable hydrogen projects marks a significant milestone in Europe’s transition to cleaner fuels.
The Netherlands Agency Enterprise (RVO) has awarded RWE a substantial funding commitment of 124.9 million euros for its Eemshydrogen project.
ORLEN recently received €62 million ($66 million) in non-repayable funding from the European Union. This funding aims to support ORLEN’s ambitious plans to establish 16 hydrogen refueling stations in Poland.
Norwegian company TECO 2030 has teamed up with India’s Advait Infratech to expand fuel cell technology in India and SAARC countries.
Swiss energy group Alpiq recently disclosed its investment in P2X Solutions, acquiring a majority stake in the company.
TES, known for producing e-NG (electric natural gas derived from green hydrogen), surpassed their financing goal with a successful €140m Series C fundraising round.
Raven SR has made key transitions in the company’s leadership, and secured $15 million in new investments.
Ballard Power Systems has secured a significant investment through the Qualifying Advanced Energy Project Tax Credit (48C) program, administered by the U.S. Internal Revenue Service.