EU to invest over €50m in Namibia’s green hydrogen industry
The European Commission will support the development of the Namibian green hydrogen industry with three EU-funded programmes worth €53.9m ($59.7m).
The European Commission will support the development of the Namibian green hydrogen industry with three EU-funded programmes worth €53.9m ($59.7m).
Spain has granted a €150m ($165m) subsidy to support one of Cobra’s green hydrogen projects it is involved in, H2 View understands.
“We aim not to sever ties with China. But we will have to restore the balance,” the EU’s head of climate policy said.
KBR will assist in the development of 25GW of green hydrogen and 17GW of renewable energy planned under Kuwait’s national strategy.
Natural Resources Canada has awarded up to CAD $9.14m ($6.7m) to six projects supporting the country’s clean hydrogen sector.
Chinese state-owned energy majors have launched a new consortium aimed at boosting the People’s Republic’s green hydrogen capabilities.
The Dutch Government is set to hold its €998m ($1.01bn) green hydrogen subsidy auction from October 15 through to the end of the month.
H2 View understands that the Indonesian Government is aiming to invest up to $25.2bn into the green hydrogen sector by 2060.
Whilst there’s undoubtedly been progress, two tones of concern are radiating from the European hydrogen industry…
President Luiz Inácio Lula da Silva vetoed some of the incentives approved last month, claiming they would violate financial and budgetary legislation, despite “good intentions.”