Japan’s ambitious Hydrogen Energy Supply Chain (HESC) project, a $500m, decade-long plan to extract hydrogen from brown coal in Victoria, Australia, is at risk of failure due to demands for extra subsidies and a lack of long-term commitments from Japanese customers.
One of the two Northern Ireland-based businesses to get money under the new, £240 million UK government green energy programme is MANNOK. The cash will support the first stage of the scheme, which is the on-site production of green hydrogen.
A 450 million euro ($490.7 million) subsidy for ArcelorMittal’s MT.LU circular hydrogen project has been authorised by Spain.
The Giunta region of Emilia-Romagna has granted 19.5 million euros to the joint Hera and Snam project for the building of a green hydrogen production pole in the town of Modena as part of the National Recovery and Resilience Plan (PNRR).
Cummins Inc. will invest more than $1 billion to upgrade engine factories in three states and purchase equipment for producing hydrogen in Minnesota.
The European Commission has given approval for a €450 million Italian scheme to support the production of renewable hydrogen. The aim of the scheme is to promote the transition towards a net-zero economy in accordance with the Green Deal Industrial Plan.
The project for testing hydrogen-powered regional rail transportation has received approval from the Ministry of Infrastructure and Transport. It includes money from the PNRR totalling 37.4 million euros for this hydrail project.
The country is set to become the first in Europe to extract natural hydrogen, an element that accumulates in the depths of the Earth, which could position Spain as a major European supplier of sustainable hydrogen.
The Government’s Net Zero Hydrogen Fund (NZHF) has awarded financing for an innovative multi-million dollar green hydrogen production facility at the Ballymena headquarters of renowned sustainable bus maker Wrightbus.
Conrad Energy is one of the chosen applicants for the Net Zero Hydrogen Fund, according to the Department for Energy Security & Net Zero.
