Funding & Regulation

HydrogenPro secures $7.6 million investment from Andritz
HydrogenPro has acquired NOK 82.7 million ($7.603 million) in new equity through a private placement of new shares towards Andritz.

Canada’s province clears World Energy GH2’s green hydrogen project
Newfoundland and Labrador has released World Energy GH2’s green hydrogen project from further environmental assessment.

European Commission approves €350M German renewable hydrogen scheme
The European Commission has approved a €350 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool.

Baker Hughes backs European clean energy technology manufacturer
U.S. energy technology company Baker Hughes has made a strategic investment in European clean energy technology manufacturer Elcogen.

Deal signed for new hydrogen industry cluster in South Korea
South Korean province Jeollanam-do has signed an investment memorandum of understanding (MoU) with five companies to create a hydrogen industry cluster in Myodo, Yeosu.

New Japan-UK partnership eyes green hydrogen and derivatives projects
J-POWER and Yamna have signed an agreement for the joint development and investment in green hydrogen and derivatives projects globally.

European policymakers urged to adopt robust low-carbon hydrogen definition
Industry players and NGOs issued a joint letter calling on European policymakers to adopt a robust definition for low-carbon hydrogen.

Boost for hydrogen industry as European Commission okays €900 million French scheme
The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production.

Green North Energy’s new plants target Finland’s self-sufficiency in ammonia production
Green North Energy proposes to build green hydrogen and ammonia plants as part of BalticSeaH2 project in Finnish cities Pori and Kemi.

Lhyfe secures €149 million grant for green hydrogen plant near Le Havre
Lhyfe will receive financial support from the French government to build a 100 MW green hydrogen production plant near Le Havre.

German states seek better green hydrogen framework conditions
German states have launched a joint initiative, calling on the federal government to create better framework conditions for the production and use of green hydrogen.

Biden-Harris administration to back US hydrogen industry with $750 million
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) has announced $750 million for 52 projects across 24 states to support the hydrogen industry. According to DOE, these projects, funded by the President’s Bipartisan Infrastructure Law, will help advance ele

Yara invests in electrolysis technology firm to boost hydrogen production
As part of the ambition to decarbonize fertilizer production and enable the hydrogen economy, Yara Growth Ventures, an investment arm of Norwegian Yara International, has invested in Dynelectro, a Danish innovator that develops technologies to unlock the potential of solid oxide electrolysis (SOE).

EU grants €8.9 million for advanced hydrogen valley in Western France
An 18-member consortium, coordinated by French hydrogen producer Lhyfe, has launched a new project to establish an advanced green hydrogen valley in Western France. The project has received an €8.9 million grant from the European Commission through the Clean Hydrogen Joint Undertaking. The project c