Three funds that support the economy and lower carbon emissions provide the funding for Air Products’ project.
Browsing: Americas
The Canadian government announced greater investment tax incentives for hydrogen and clean technology in its fall economic statement. The proposed credits would allow the country to equal the financial incentives provided to American manufacturers by the Inflation Reduction Act (IRA).
The City of Lancaster and Heliogen, a California-based provider of renewable energy technology that uses concentrating solar thermal systems to transform sunlight into steam, heat, power, and environmentally friendly hydrogen fuel, have signed a memorandum of understanding (MOU).
With its application for a Department of Energy (DOE) hydrogen hub, the Great Lakes Clean Hydrogen Partnership (GLCH), which is made up of Linde, Energy Harbor, GE Aerospace, Cleveland-Cliffs, and the University of Toledo, has made progress.
A measure to encourage the production of hydrogen through 30-year stability guarantees for investments in that industry will be submitted to parliament by the Argentine government.
In order to work on the process as a whole, both for energy generation and potentially also for hydrogen, we are in discussions with suitable partners. since it makes sense to have integration between the two stages even for financial reasons,” the CEO said during a conference call on third-quarter results.
Efficiency and stability best practices for solar water splitting to produce hydrogen have been suggested by NREL and Berkeley Lab.
Governor Tom Wolf signed legislation granting around $2 billion in tax credits to firms involved in hydrogen generating, milk processing, semiconductor manufacturing, and petrochemicals.
In order to establish northwest Indiana as one of the few hydrogen centers planned across the nation, the Indiana Economic Development Corp. (IEDC) is attempting to secure significant federal financing with the help of various public and commercial partners, including Cummins.
The announcement of this alliance will aid FFI and EGP in achieving their objectives to promote energy security and diversify future energy supplies as well as to aid the global effort to reduce emissions and combat climate change.
