The World Bank has approved an additional $1.5bn loan to support India’s green hydrogen and renewable energy plans, slated to result in the production of 450,000 tonnes of hydrogen.
Plug Power says it intends to recognise US federal tax credits for green hydrogen it is producing at a facility in Georgia in its financial results despite rules for the incentives remaining undetermined.
“I think that there is a natural separating of wheat from the chaff. This is hard – or it’s certainly not easy. You need to have experience and capabilities.”
The European Commission has approved Germany’s plans to spend €3bn on supporting the construction of its planned 9,700km hydrogen core network (HCN).
“Having these incentives in place before US measures sends a signal to the world to choose Canada…”
Trade body Hydrogen UK is urging the incoming government to ensure key green hydrogen projects can reach final investment decision (FID) within its first 100 days in office.
Hyundai Motor Company’s President and CEO has been appointed as Co-Chair of the Hydrogen Council, taking over from Yoshinori Kanehana, Chairman of Kawasaki Heavy Industries (KHI).
The UK’s energy regulator has mandated electricity suppliers to disclose data that will ensure government-funded green hydrogen projects meet the nation’s low-carbon hydrogen standard (LCHS).
Hong Kong plans to use clean hydrogen in transportation and power applications under a new strategy that aims to bridge the gap between Beijing and the rest of the world.
Over 400 companies, associations, NGOs and more have called on the EU to confirm the bloc’s climate targets following an election that delivered gains for the right.
