Funding & Regulation
New partnership looking to decarbonize Indonesia’s maritime sector with hydrogen solutions
PT HDF Energy Indonesia has signed a memorandum of understanding (MoU) with the Indonesian Ministry of Transportation, PT PLN (Persero) and PT ASDP Indonesia Ferry (Persero) to explore decarbonizing Indonesia’s maritime sector using locally produced green hydrogen.
European Commission greenlights €400 million Spanish hydrogen scheme
The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025.
German Energiequelle to work on its first hydrogen project in Finland
Energiequelle Finland, a part of German energy company Energiquelle, has received planning consent for its Oulu Green Hydrogen Park project from Finland’s city of Oulu.
Yanmar wins DNV’s AiP for maritime hydrogen fuel cell system
Yanmar Power Technology has received an approval in principle (AiP) from DNV for its GH320FC maritime hydrogen fuel cell system.
LDA’s liquid hydrogen-based SOV concept gets Bureau Veritas approval
Louis Dreyfus Armateurs (LDA) has received an Approval in Principle (AiP) from Bureau Veritas for its full liquid hydrogen-based service operation vessel (SOV).
Near-term investments, supportive policies to ensure bankability of green hydrogen projects, report finds
The European Union (EU) has set a target to increase the consumption of green hydrogen to 20 million tons (Mt) by 2030.
EU, EIB and KfW to back renewable hydrogen projects in Chile with up to €216.5M
The European Commission, the European Investment Bank (EIB), KfW Development Bank (KfW), Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy have signed agreements to support Chile’s renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform fo
Europe unlikely to meet its 2030 hydrogen production targets, report says
Less than 20% of the EU’s planned hydrogen project pipeline is expected to be realized by 2030 without urgently addressing critical points that create a widening gap between ambition and reality in Europe’s hydrogen sector, according to the latest report from energy market research and consultancy f
Rux Energy and Bureau Veritas join forces to certify hydrogen storage solutions
Rux Energy and Bureau Veritas Marine & Offshore (BV) have entered a joint development project (JDP) to certify hydrogen storage solutions.
CIP secures funding for its green hydrogen project in Western Australia
Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured A$814 million (approximately $515.5 million) for its Murchison Green Hydrogen project in Western Australia from the Australian Government’s Hydrogen Headstart program.
Australia’s Western Green Energy Hub project to undergo environmental assessment
Australia’s Western Green Energy Hub (WGEH) project, a multi-phased renewable energy development comprising wind, solar and hydrogen components, is set to go through an environmental assessment.
DNV okays Hanwha Aerospace’s marine hydrogen fuel cell system
Hanwha Aerospace has received approval in principle (AIP) from DNV for its 200 kW hydrogen fuel cell system designed for maritime applications.
EU backs Advent’s Renewable Hydrogen Innovative Technologies project with €34.5 million
The European Climate, Infrastructure and Environment Executive Agency (CINEA) and U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary Advanced Energy Technologies have signed a €34.5 million grant agreement for the latter’s Renewable Hydrogen Innovative Technologies (RHyno) project.
Samsung E&A acquires stake in Nel and signs collaboration agreement
Samsung E&A has acquired a 9.1% stake in Nel ASA for approximately $33 million and signed a strategic partnership agreement.