Schaeffler is intensifying its collaboration with Swedish startup H2 Green Steel. This strategic partnership aims to redefine the steel industry through innovative green practices and advanced technologies.
Browsing: Finance
ReNu Energy Limited has applauded the Tasmanian government’s recent funding allocation aimed at boosting local green hydrogen capabilities, a significant step towards achieving commercial-scale green hydrogen production by 2025.
Australia’s Good Earth Green Hydrogen and Ammonia (GEGHA) project, aimed at producing green hydrogen for agricultural use, has secured a substantial funding boost of AUD 23.6 million (approximately EUR 14.1 million) from the New South Wales Government.
U.S. Department of Energy (DOE) has announced a substantial $20 million funding initiative aimed at unlocking the potential of geologic hydrogen.
Canada is stepping into the limelight as a potential global leader in clean hydrogen production, and Hydrogen Optimized Inc. (HOI) is at the forefront of this transformative journey. Based in Owen Sound, HOI is harnessing cutting-edge Canadian technology known as RuggedCell™ to produce clean hydrogen, a critical step towards achieving net-zero emissions.
The state government has initiated a €45 million funding round, with a significant commitment to advancing green hydrogen projects. The aim? To accelerate the transition to more sustainable energy within Bavaria.
Fresh funding is set to invigorate Tasmania’s green hydrogen capacity, propelling the state toward achieving commercial-scale green hydrogen production by 2025.
Kenya has secured a groundbreaking deal with the European Union (EU) to receive approximately Sh1.9 billion (€12 million) in grants for its budding green hydrogen industry.
United H2 Limited (UHL), the world’s largest hydrogen conglomerate, has announced plans to invest £250 million in the country’s burgeoning hydrogen transport sector over the next year.
Germany has pledged €450 million (approximately $486 million) in climate finance at the inaugural Africa Climate Summit.