A joint venture between Everfuel and Hy24 has been established to fund the rapid expansion of electrolyzer capacity in the Nordic region. 51% of the JV will be owned by Everfuel, and 49% by the Clean H2 Infra Fund, which is managed by Hy24.
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A grant of €3.3 million has been given to Fusion Fuel Spain for capital expenditure in a 2.4 Megawatt green hydrogen project intended to accelerate Spain’s industrial decarbonization.
Denmark’s energy, climate, and utilities minister Lars Aagaard said Denmark can learn from India’s solar tariff reduction and join the green hydrogen future together.
Federal Minister of Economics Robert Habeck delivered the funding decision for research work and the construction of a hydrogen power plant in the Black Pump Industrial Park in the presence of Minister of State Thomas Schmidt (ISP).
The European Parliament’s Energy Committee has come out in favor of distinguishing between transmission and distribution system operators and against separating ownership of the hydrogen and gas network at the distribution network level. The Federal Government is urged by a coalition of organizations to take steps to guarantee that the Council adopts the European Parliament’s viewpoint.
Despite bold intentions, implementing a hydrogen economy could be extremely expensive and time-consuming, endangering the continent’s economic expansion and potentially impeding decarbonization efforts.
Enertrag seeks to locally generate hydrogen using sustainable energy sources. The company uses a PEM electrolyser with a 10 MW output in the initial stage of expansion for this purpose.
Danish Everfuel, a publicly traded company on the Oslo Stock Exchange, has officially partnered with the hydrogen investment fund Hy24.
By 2025, a zero-emission technology developed by ZeroAvia should be able to carry 20-seat aircraft 300 nautical miles.
Hydrogen Utopia International and Rocquaine Management Ltd (“RML”) have agreed to work together to investigate potential locations for HUI waste plastic to hydrogen projects in Estonia and other countries.
