Funding & Regulation
Provaris finalizes $3 million standby funding facility for hydrogen development plans
Provaris Energy secured a two-year $3 million standby facility to provide a funding alternative for the hydrogen development plans in 2024/25.
European Commission grants €720 million to renewable hydrogen projects
European Commission has awarded nearly €720 million to seven renewable hydrogen projects, selected through the bidding process under the European Hydrogen Bank.
Actis-Fortescue consortium to work on large green hydrogen project in Oman
A consortium between Actis and Fortescue has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman.
Saudi’s NEOM secures $2.7 billion for development of major projects
NEOM has secured a new revolving credit facility (RCF), worth $2.7 billion, that will support short-term financing requirements as NEOM moves forward with the development of major projects.
UK and Germany strengthen hydrogen ties
UK’s PM Rishi Sunak and German Chancellor Olaf Scholz have agreed on a feasibility study for hydrogen exports from the UK to Germany.
Hydrogen industry in Canada receives $57 million boost
The government of the Canadian province of Alberta has announced $57 million in innovation funding for 28 projects to boost hydrogen industry.
European Investment Bank to support Plagazi’s Köping Hydrogen Park
Plagazi has revealed that the European Investment Bank (EIB) will provide financial advisory for the Köping Hydrogen Park in Sweden.
H2Carrier plans Power-to-X production of hydrogen and ammonia in Norway
H2Carrier has applied to the NVE for the development of two large onshore wind farms in Finnmark County to produce green hydrogen and ammonia.
ACWA Power unites with IRENA to bolster renewable energy transition
ACWA Power, has signed an agreement to partner with the International Renewable Energy Agency (IRENA) to drive the worldwide transition to renewable energy sources.
JGC looking to boost competitiveness in hydrogen, ammonia and CCUS fields
JGC Holdings has decided to invest in AP Ventures Fund III to enhance its competitiveness in the exploration of technologies in the fields of hydrogen, ammonia and CCUS.
Interview: Shaping up UK’s gas infrastructure to get it ready for hydrogen bonanza
Can hydrogen overcome the obstacles in its path to show it is the real deal in the fight against climate change?
Hydrogen production facility planned in Latvia’s Port of Liepaja
Liepaja SEZ Authority and CIS Liepaja have concluded a two-year reservation contract for the potential construction site for the renewable energy complex in the Port of Liepaja.
Provaris and Norwegian Hydrogen bolster hydrogen alliance in Nordics
Provaris Energy and Norwegian Hydrogen have entered an agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.
Swiss Alpiq acquires majority stake in Finnish hydrogen firm P2X Solutions
Alpiq and P2X Solutions have agreed on a financing arrangement according to which Alpiq will invest approximately €47 million in P2X, becoming its majority owner.