News

Sunfire secures €200-MM guarantee financing to develop the H2 market

The pioneering financing will support the Dresden-based electrolysis company to further advancing the realization of industrial customer projects. The instrument will be used specifically for the development of the H2 market.

Advanced Ionics raises $6.7 MM to accelerate technology commercialization and deployment

Advanced Ionics has raised an additional $6.7 MM in funding from strategic investors JERA, Lummus Venture Capital, and the Argosy Foundation as well as existing investors Clean Energy Venture Group and bp Ventures.

Vale and GreenIron sign MoU to explore decarbonization projects in Sweden and Brazil

Both companies to develop feasibility studies for an innovative direct reduction facility in Brazil, Vale to supply iron ore agglomerates to GreenIron’s facility in Sweden.

Uniper, Provaris and Norwegian Hydrogen sign term sheet for large-scale hydrogen supply

In partnership with Provaris Energy Ltd, Norwegian Hydrogen has signed a conditional term sheet with and Uniper Global Commodities SE for the supply, transport and offtake of RFNBO-certified H2.

Trans Adriatic Pipeline selects Penspen for hydrogen repurposing assessment

Penspen has been awarded a contract by Trans Adriatic Pipeline AG (TAP) to provide H2 gap analysis services on one of the most strategic energy infrastructure projects in Europe.

Port of Açu and Yamna announce land reservation agreement to develop green ammonia plant in Brazil

Port of Açu Operações and Yamna have signed a land reservation agreement in the new hub for low-carbon H2 and its derivatives in the port industrial complex of Port of Açu in the northeast of Rio de Janeiro State to develop a green ammonia project.

Consortium led by H2 Global Energy signs MoU with Tunisian Government for $6-B green H2 and ammonia project

A consortium led by H2 Global Energy signed an MoU agreement with the Tunisian government to develop a groundbreaking green H2 and green ammonia project.

Topsoe de-risks SOEC electrolyzers for green H2 through insurance partnership with New Energy Risk

New Energy Risk (NER) has been selected as the preferred insurance partner for Topsoe’s SOEC hydrogen electrolyzer products.

CNX issues statement on Section 45V Hydrogen Production Tax Credit implementation guidance

In response to the issuance of final rules regarding the Inflation Reduction Act's Section 45V Hydrogen Production Tax Credit, CNX Resources Corporation released a statement.

H2Carrier in MoU with Greenstat Hydrogen India

Greenstat Hydrogen India (GHI) and H2Carrier announced the signing of a Memorandum of Understanding (MoU) to accelerate the development and deployment of green H2 and ammonia projects located in India and Sri Lanka.

Andhra Pradesh grants $327-MM green ammonia projects for Amaravati

The Andhra Pradesh Cabinet has approved engineering projects worth ~$327 MM to advance the development of Amaravati and promote sustainable growth in the region.

U.S. Department of the Treasury releases final rules for clean hydrogen production tax credit

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) released final rules for the section 45V Clean Hydrogen Production Tax Credit established by the Inflation Reduction Act.

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