Browsing: Hydrogen

Nickel

Plug Power has closed the first tranche of a $525 million secured term loan facility, strengthening its financial position as it ramps up investment in its green hydrogen infrastructure. The $210 million drawdown, announced May 6, marks a significant liquidity injection and comes at a time when capital access is increasingly critical for hydrogen sector players navigating rising operational and deployment costs.

Energy

With a £3.4 million injection into eleven hydrogen-focused initiatives, the Scottish Government has reaffirmed its commitment to scaling a domestic hydrogen economy—yet the relatively modest funding pool raises questions about pace and impact amid growing global competition.