On Wednesday, Federal Minister of Economics Robert Habeck, in collaboration with the state of North Rhine-Westphalia, presented a grant of €2 billion for the partial conversion of Europe’s largest steelworks to green hydrogen-based processes.
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US Department of Energy (DOE) has pledged $8.6 million in funding to support hydrogen and fuel cell projects spanning across 16 states.
The Holyhead Hydrogen Hub in Wales is set to receive funding support as part of the North Wales Growth Deal, an ambitious investment initiative aimed at driving sustainable economic development in the region.
EDP has embarked on a renewable hydrogen project in Soto de Ribera, Asturias. The company aims to deploy a 5 MW electrolyser, a key milestone in accelerating the energy transition and supporting the economy’s decarbonization.
The clean energy landscape received a seismic jolt as Denver-based startup Koloma secured a massive $91 million funding round, backed by climate champion Bill Gates and other prominent investors.
European Commission has given the green light to a €850 million measure to support ArcelorMittal France (‘ArcelorMittal’) in its endeavor to partially decarbonize its steel production processes.
The Spanish Government has taken a momentous leap towards a sustainable future with the approval of a robust 40 million euro fund dedicated to advancing hydrogen fuel cell electric vehicles (FCEVs) and hybrid vehicles.
In a momentous step towards sustainable transportation, Bank Pembangunan Malaysia Bhd (BPMB), UOB Malaysia, and China Construction Bank (Malaysia) Bhd have joined forces to provide financing of RM264.5 million for the development of South East Asia’s first hydrogen-powered, autonomous rapid transit (ART) in Kuching, Sarawak.
Uniper has got a positive assessment of its grant application for the H2Maasvlakte project under the EU Innovation Fund, marking a significant step towards the realization of a 100 MW green hydrogen plant.
During the recent EU-CELAC Summit of Heads of State and Government, the European Investment Bank (EIB) took a significant step in supporting Chile’s clean energy transition.