Funding & Regulation
Kawasaki to issue transition bonds, hydrogen projects to benefit
Japan’s Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include
Hy24 commits to invest €13 million in Hexagon Purus
Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fu
H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark
H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bri
Discriminating against hydrogen colors will not get us any further
Hydrogen, deemed as a connector for offshore energy markets, is yet to play a very important role, especially in hard-to-abate sectors. The energy transition and especially the hydrogen transition can be built efficiently, faster, cheaper, and with fewer emissions if we build it on existing knowledg
Green light for UK’s first large-scale hydrogen production plant
Essar Group’s EET Hydrogen, formerly Vertex Hydrogen, has received approval from Cheshire West and Chester Council to build a low-carbon hydrogen plant HPP1 at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. The plant, located at the heart of the HyNet industrial decarbonization c
Australia’s $2 billion Hydrogen Headstart program reaches new stage
On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has revealed that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart program. The applicants include: Together, the applicants are
Germany first beneficiary of European Hydrogen Bank’s financing scheme
Germany will be the first member state to take part in the new EU mechanism ‘Auctions-as-a-service’ of the European Hydrogen Bank, with the federal government providing an additional €350 million for electrolyzer projects in Germany. These are in addition to the €800 million that the EU Innovation F
European Investment Bank and Germany ally to replenish Green Hydrogen Fund
The European Investment Bank (EIB) has confirmed an additional German contribution to the Green Hydrogen Fund, enabling the fund to broaden its scope and supporting the international ramp-up of the hydrogen economy. The Green Hydrogen Fund, established in 2021 and implemented by EIB, will now provid
Everfuel-Hy24 JV inks final agreement on increased Danish PtX tender award
A joint venture formed by Denmark-based green hydrogen company Everfuel and Hy24, a manager of the world’s largest clean hydrogen infrastructure fund, has signed the final agreement with the Danish government on an increased award in the country’s first Power-to-X (PtX) tender. On November 17, the D
UK reveals winners of first hydrogen allocation round
UK government has concluded the first hydrogen allocation round (HAR1) and selected eleven projects, totaling 125 MW capacity, to receive over £2 billion (around $2.5 billion) of revenue support from the Hydrogen Production Business Model. Launched in July 2022, HAR1 represents the largest number of
SSE Thermal becomes joint owner of Kellas’ blue hydrogen project in Teesside
SSE Thermal, an operator of energy storage assets, has acquired a 50% stake in H2NorthEast, a blue hydrogen project being developed by Aberdeen-based energy infrastructure company Kellas Midstream in Teesside, UK. By acquiring a 50% stake, SSE Thermal has become a joint owner of the project. Through
Hy24’s Clean Hydrogen Equipment Fund wins Dutch bank’s support
Dutch bank ABN AMRO is investing in the Clean Hydrogen Equipment Fund, managed by Hy24, a clean hydrogen investment fund committed to scaling up the global hydrogen economy. This is said to be the second climate-related fund investment taken on by ABN AMRO Corporate Investments and fits with the ban
Bureau Veritas and Avance Labs pen hydrogen certification deal
Classification society Bureau Veritas (BV) and Avance Labs, an I-REC (international renewable energy certificate) accredited code manager for tracking and certification of attributes associated with hydrogen and hydrogen derivative fuels and products, have signed a memorandum of understanding (MoU)
COP28: 39 countries endorse declaration for mutual recognition of hydrogen standards
A global initiative for the mutual recognition of certification systems for hydrogen and derivatives has been presented at COP28 in Dubai. During a “High Level Roundtable on Hydrogen” event on December 5, the flagship Hydrogen Declaration of Intent to pursue mutual recognition of hydrogen certificat