Funding & Regulation

US DOE backs Plug Power’s hydrogen buildout with $1.66 billion loan guarantee
U.S. hydrogen solutions company Plug Power has closed a $1.66 billion loan guarantee from the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to support its hydrogen buildout.

Netherlands looking at offshore hubs and interconnectors, where does hydrogen stand?
Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o

H2SITE raises €36 million to advance hydrogen technology
Spain-based hydrogen solutions provider H2SITE has secured €36 million in its Series B funding round from a consortium of investors to advance the deployment of its proprietary hydrogen technology.

Clean Hydrogen Partnership issues €184.5 million call for proposals
The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation (R&I) activities in hydrogen technologies in Europe, has launched its new call for proposals with a budget of €184.5 million for projects.

SmartCap’s €5 million investment to support Elcogen’s growth
Estonian clean energy technology manufacturer Elcogen has secured a €5 million investment from SmartCap, a venture capital fund supporting Estonian greentech companies.

HD KSOE gets seals of approval for hydrogen tank technology
HD KSOE has obtained approvals in principle (AiPs) from LR, ABS, DNV and KR for its vacuum insulation system for liquid hydrogen (LH2) storage tanks.

Offshore Energy’s top five hydrogen stories of 2024
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon

Readers’ choice: Offshore Energy’s most-read news of 2024
With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

Provaris making strides in developing hydrogen supply chains
Australian Provaris Energy has been making progress in developing hydrogen supply chains and advancing the company’s proprietary hydrogen carrier.

EU approves €3 billion German-Dutch RFNBO scheme, hydrogen in focus
The European Commission has approved, under EU State aid rules, a €3 billion German-Dutch scheme to support the production of renewable fuels of non-biological origin (RFNBOs), including renewable hydrogen, throughout the world.

Fourteen zero-emission vessels to receive funding from Enova
Norwegian government enterprise Enova has announced financial support for seven ammonia ships, two hydrogen ships, five electric ships and one charging facility, in the latest round of the country’s investments in green shipping.

Westwood: Over a fifth of all European hydrogen projects stalled or cancelled
Westwood Global Energy, an energy market research and consultancy firm, has identified 23 projects in the European pipeline that have been classed as cancelled or stalled across 11 major European countries that make up the majority of the hydrogen opportunity.

Hydrogen Council elects new board members
The Hydrogen Council, a global coalition of CEOs with a united vision and long-term ambition for hydrogen, has appointed Masdar, Siemens Energy, and Yara Clean Ammonia as its newest Board members.

Dutch gov’t taking gas infrastructure into consideration for upcoming offshore wind tenders
The Nederwiek IB offshore wind site in the Netherlands, which was initially planned to be part of the upcoming tender in 2025, is expected to be added to the 2026 round as the Dutch government assesses the impact a wind farm there could have on accessing a nearby gas transfer platform. A gas project