The UK Government has recently pledged over £80 million to help businesses across the country transition from fossil fuels to cleaner, sustainable alternatives. This ambitious move underlines the nation’s commitment to reduce carbon emissions and enhance energy security.
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In a significant move to strengthen India’s push towards green energy, the Ministry of New and Renewable Energy (MNRE) has announced an over Rs 17,000 crore ($2.26 billion) incentive scheme to bolster the manufacturing of electrolyzers and green hydrogen production.
Gasunie, an energy infrastructure company, has made a significant investment decision to develop the first part of its national hydrogen network.
UK’s Energy Security Secretary, Grant Shapps, indicates a probable policy reversal on the way low-carbon hydrogen production is funded. This move comes as a respite for households already grappling with soaring energy bills.
In a significant boost to its hydrogen strategy, Rheinmetall has secured two new orders for fuel cell components, including cathode flaps and shut-off valves, worth a substantial amount in the mid-two-digit million-euro range.
Thyssenkrupp AG’s hydrogen subsidiary, Nucera, is readying for a significant market move with plans to launch an initial public offering (IPO) aimed at raising as much as €566 million ($615 million).
Japan’s commitment to decarbonization is receiving a significant boost, with leading energy firm Iwatani Corp. aggressively expanding its hydrogen business.
The Chilean government has taken a significant step towards the development of the green hydrogen industry by announcing a US$1 billion fund.
SVEVIND Energy Group, a German-Swedish company, has announced plans to invest a staggering $50 billion in the production of green hydrogen in Kazakhstan. The head of state unveiled this groundbreaking news at the recent Kazakh-German business forum.
The future of Africa’s green energy landscape received an electrifying jolt on Tuesday, as South Africa’s ambitious hydrogen energy plans secured a billion-dollar boost.