First Hydrogen is eagerly anticipating the acceptance of the EUR 250 billion in green technology subsidies provided by European Commission President Ursula von der Leyen.
Browsing: Finance
Three projects run by Rolls-Royce will receive £82.8 million (US$100 million) as part of a £113 million (US$136 million) investment from the UK to progress the development of a zero-emission liquid hydrogen combusting jet engine. The ATI Program is used to distribute the funding.
A $113 million investment announced by the Business and Transport Secretaries on 7 February will be used to explore cutting-edge new technologies in the UK that could allow electric flying taxis and hydrogen-powered aircraft to take to the sky.
According to a financial update from co-developer Air Products, the Neom green hydrogen mega-budget project’s has increased by 70% to…
The Scottish and UK governments chose the location as a “green freeport” in January, along with a Firth of Forth…
The international hydrogen supply chain has recently been the subject of study on supply chain optimization that takes into account its economic viability and environmental aspects.
The Hub2Hub consortium received £6.6 million to construct a world-first, autonomous zero-emission HGV for the UK market.
According to Saudi Arabia’s energy minister, the country intends to spend more than $300 billion to produce greener electricity and extend its power grid. Prince Abdulaziz bin Salman stated during a forum hosted by Saudi Arabia’s largest oil company Aramco that the country was also aiming to become a global leader in the production of hydrogen.
This year, the government will provide a total of 16,920 hydrogen-powered automobiles with subsidies. In the case of hydrogen passenger cars, the supply of hydrogen vehicles will be increased significantly by providing a subsidy of 30 million won per unit, which includes local and governmental costs.
Following the approval procedures, the “HyVillage (Hydrogen Village)” project, which will be Turkey’s first hydrogen field application, will be put into action.