“Climate neutrality” is to be attained with green hydrogen. This energy source for Germany dispenses with the use of nuclear, coal, oil, and natural gas. Is this economical and feasible?
Browsing: Finance
An MoU between CWP Global and the Djiboutian government has been inked in order to build a 10GW sustainable and environmentally friendly hydrogen hub.
The European Commission has given Raven SR a grant of €1.7 million (USD$1.75 million) for the construction of a waste-to-hydrogen manufacturing facility in the Spanish area of Aragón.
Namibia is thought to provide perfect circumstances for the creation of “green” hydrogen. Germany intends to gain from this for environmentally sustainable economic restructuring. Robert Habeck, the minister of economics, made it very clear in Windhoek, the capital of Namibia: It should be about a relationship at eye level.
The initiative to build a hydrogen station at the Bouzas terminal, which is being directed by the Port of Vigo, has received 2.4 million euros from the EuropeanNext Generation funding of the European Union.
The European Investment Bank and the European Clean Hydrogen Alliance are inviting hydrogen promoters chosen for public funding to enter into financing and advisory discussions with the Bank on an expedited basis in light of REPowerEU’s goals to produce 10 million tonnes of renewable hydrogen in Europe by 2030.
More than 15.5 gigawatts of renewable hydrogen projects are now in development in Spain, more than doubling the 4 GW objective set in the government-approved “roadmap” for this energy source for 2030.
The green hydrogen project of the company EDP for Los Barrios (Cádiz) has been included in the first round of aid for the development of green hydrogen in Spain and will receive EUR 3.6 million.
PitchBook data reveals that the amount of private financing flowing into startups and established businesses involved in the expanding hydrogen economy has never been higher.
The POSCO Group will make a sizable investment in Australia totaling 52 trillion won by 2040.
