The Namibian government, in partnership with green energy firm Hyphen Hydrogen Energy (Hyphen), has taken a significant stride towards sustainable development by launching a socio-economic development framework for the country’s ambitious $10 billion green hydrogen project.
In a bold move towards a sustainable future, the Avaada Group, an Indian conglomerate committed to renewable energy, has sealed a monumental $2.44 billion partnership with the Rural Electrification Corporation (REC).
Portugal is taking bold steps towards a greener and more sustainable future by investing in the production of hydrogen and renewable gases. With a new €70 million programme under REPowerEU and a significant investment from the Recovery and Resilience Programme, Portugal aims to strengthen its energy independence and reduce dependence on fossil fuels.
The Canadian province of Alberta is taking a bold step towards advancing clean energy solutions with the launch of two hydrogen funding competitions.
In a significant move towards commercial production, H2X Global, an Australian hydrogen fuel cell-powered vehicle company, has secured up to $86 million in capital over the next two years from Nebraska-based Verde Mobility.
Adani New Industries Ltd (ANIL), a subsidiary of Adani Enterprises, has recently secured a trade finance facility of $394 million from Barclays Plc and Deutsche Bank.
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.
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.
