hydrogen
Airbus, BMW and Michelin are among 11 companies set to receive millions in public subsidy to develop low-carbon hydrogen technology after EU competition officials approved a whopping package of state aid for an ‘important project of common European interest’ (IPCEI). The Hy2Move project, which as its name implies is intended to develop transport fuels, was prepared jointly by Estonia, France, Germany, Italy, Netherlands, Slovakia and Spain, who requested an exemption from single market rules that normally prohibit national subsidies. It is hoped the state aid will be matched by €3.3bn in priva...
Euronews (English)
The European Commission has been urged not to rush through legislation defining when a fuel can be considered ‘low-carbon’, a question that will determine what technologies qualify for policy and financial support, with far-reaching implications for the future of the natural gas industry. Following a political agreement with government delegates late last year, the European Parliament is expected to adopt next week a Gas and Hydrogen Markets Directive, which will give the EU executive one year to answer the complex question of what constitutes a ‘low-carbon’ fuel. Environmental groups, joined ...
Euronews (English)
Manila, Philippines, Jan 12, 2024 - (ACN Newswire) - HDEX and eFrancisco Motor Corporation proudly unveil a transformative alliance that will reshape the hydrogen landscape. This strategic partnership will harmonize with the distinctive business goals of both entities, offering a dynamic framework that allows for growth and innovation. Expressing enthusiasm about this groundbreaking collaboration, Aron DuttaChairman of HDEX remarked, “This partnership marks a significant leap. We are confident that our combined strengths will propel us towards sustainable growth.” Elmer Francisco, CEO of eFran...
ACN Newswire
Singapore, Nov 12, 2021 - (ACN Newswire) - Infocus International Group, a global business intelligence provider of strategic information and professional services, is bringing back the Mastering Clean Hydrogen online masterclass and it will be commencing live on 20 January 2022. The "hydrogen economy" was first described 50 years ago, but failed to develop. Now hydrogen is making a comeback, with unprecedented momentum from both policymakers and industry amid a background of energy decarbonisation. Nevertheless, given its failure in the past, current investors and business developers in the se...
ACN Newswire
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