Tokyo-based Mizuho Financial Group has set an ambitious goal to provide JPY 2 trillion (USD 13 billion) in financing for hydrogen production and related technologies by 2030.
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ULEMCo has closed a funding round worth over £5 million. This capital injection is poised to accelerate the company’s development activities and bolster its position in the hydrogen energy sector.
Plug Power has secured a conditional commitment for a loan guarantee of up to $1.66 billion from the Department of Energy (DOE).
Electric Hydrogen’s recent announcement of securing a $100 million credit facility from prominent financial institutions like HSBC, J.P. Morgan, Stifel Bank, and Hercules Capital marks a milestone in their journey towards decarbonizing critical industries.
Hysata, a player in the hydrogen sector, has recently secured a significant $111 million in Series B fundraising. Led by bp Ventures and Templewater, the investment is earmarked for expanding production capacity and advancing technology development.
Zepp.solutions, a frontrunner in the European hydrogen fuel cell industry, has recently secured a significant €3 million investment.
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.