Solaris, a subsidiary of the CAF Group, has successfully secured contracts to supply a total of 235 hydrogen buses to Italy and Germany, representing a combined project value of EUR 150 million. These contracts mark a significant stride in the expansion of hydrogen fuel cell-based public transport across Europe.
Browsing: Finance
The race to finance a Danish hydrogen pipeline is in full swing, pitting the state against private players, with the key question being whether Denmark can establish a hydrogen connection to Germany by 2028. While the ambitious plan aims to build an infrastructure for green hydrogen, the financial framework to support it is yet to be finalized.
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.
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.