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The central bank of Singapore has also committed S$100 million over the following five years for programs to develop sustainable finance capabilities in hydrogen transition.
The largest energy firm in Germany plans to evaluate the progress of the hydrogen economy twice a year.
A deal was signed in Munich that should be advantageous to all parties.
In order to support its expansion and raise the money for its three projects in Millfield, Kimberely, and Malaysia, Patriot Hydrogen has negotiated a sizeable finance transaction.
The Black Swan, a long-range freight drone created by Dronamics, will use hydrogen fuel-cell technology thanks to a collaboration between Dronamics and Cranfield Aerospace Solutions (CAeS).
To build a local ecosystem for the hydrogen economy, Egipyung has scaled up its extensive partnership with local governments.
The first fuel cell trucks have been created by Scania and will be delivered to customers Emmi AG, Genossenschaft Migros Zürich, Gysin Tiefbau AG, and TRAVECO Transporte AG.
Halten Bulk AS has received NOK 142 million ($13.8 million) from Enova, a Norwegian state company run by the Ministry of Climate and Environment that promotes the use of renewable energy, for the construction of two hydrogen-powered ships.
DNV has given Samsung Heavy Industries its preliminary approval to construct a liquefied hydrogen fuel cell ship propulsion system.
The Australian Government’s Emerging Aviation Technology Partnerships program has awarded Swinburne’s Aerostructures Innovation Research Hub (AIR Hub) a $1.3 million funding to develop and test Australia’s first hydrogen-powered drone.
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