Sens. Joe Manchin and Shelley Moore Capito announced the release of the first $30 million of a $925 million award from the Department of Energy to initiate the Appalachian Regional Clean Hydrogen Hub (ARCH2) in West Virginia.
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Friuli Venezia Giulia (FVG) has announced substantial investments in the hydrogen sector, with figures reportedly reaching 100 million euros from regional resources, the PNRR, and community funds.
Hydrogen technology is rapidly advancing, and securing funding is crucial for driving these innovations forward. Alex Zorniger from Power to Hydrogen (P2H2) recently shared invaluable insights on navigating the complexities of Department of Energy (DOE) funding, offering a glimpse into the strategies and processes that have propelled his company to success.
The Central Bank of the Argentine Republic (BCRA) has projected substantial investments in renewable energy projects, including green hydrogen, over the next decade.
Uwe Kerkmann, head of H2UB, a platform that supports these fledgling businesses, has shed light on the industry’s growing pains.
Namibia has announced a significant investment of N$380 million in green hydrogen projects as part of its commitment to sustainable energy and reducing carbon emissions.
Abu Dhabi National Oil Company (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) to establish a $3 billion (AED 11 billion) green financing facility.
Dynelectro has secured €11 million in funding to develop its 1-megawatt (MW) Dynamic Electrolyser Unit. This substantial financial boost is expected to play a key role in advancing the green energy transition.
Enova, a Norwegian state-owned enterprise, recently awarded Nkr300M (US$28M) in innovation funding to develop, build, and operate five hydrogen-powered dry bulk vessels.
The World Bank has approved a second $1.5 billion loan to support India’s low-carbon energy development. This funding aims to promote green hydrogen production, expand renewable energy capacity, and stimulate finance for low-carbon energy investments.
