The European Commission has cleared a Spanish utility of € 400 million ($ 455.2 million) to scale the renewable hydrogen production, a back -to 345 MW electrolyzing capacity and aimed at 221,000 tonnes of production via the 2025 auction round of the EU Hydrogen Bank.
The European Commission has approved a Spanish State State Regulation of € 400 million to support the production of renewable hydrogen through the “Auction-As-A-Service” mechanism of the European Hydrogen Bank for the 2025 auction round. The committee said The diagram supports a maximum of 345 MW electrolyzing capacity and makes production possible of no less than 221,000 tons of renewable hydrogen in Spain.
MibggasThe Iberian gas market has to collaborate With Swiss consultancy Pexapark to launch Iberia’s first renewable hydrogen price index, Mibgas Ibhyx. The weekly index reflects the empty costs of renewable hydrogen production or the minimum selling price required for model electrolysis projects in the region to achieve the expected return.
AxpoIsab and Enego have one Provisional agreement To develop a renewable hydrogen project in the Priolo facility in Sicily. The HyNEGO project, presented on the Mediterranean Ecomed Green Expo, will initially include a 100 MW electrolyzer with more than € 200 million investments and can be scaled to 300 MW.
HDF -Energy has signed a memorandum of agreement with the Indonesia’s Ministry of Transport, State Utility PT PL (Persero) and Ferry Operator PT ASDP Indonesia Ferry (Perso). The French hydrogen company said The agreement outlines a joint investigation, co -financed by the international maritime organization, to decrease the maritime sector of Indonesia using green hydrogen produced in its own country.
The French government said it has updated its national hydrogen strategy to reflect the structural industrial changes in the past five years. It reduced its target of 2030 electrolyzing capacity from 6.5 GW to 4.5 GW, while striving for 8 GW in 2035. The government said The first results show promising, but noted that the use of hydrogen solutions remains slowly in the midst of growing international competition and rapid progress in alternative decoupling technologies.
The British Government has selected 27 hydrogen projects to continue to the next phase of the second hydrogen allocation round. It said By 2029, the industry could attract more than GBP 1 billion ($ 1.3 billion) in private investments and help position the United Kingdom as a leader of clean energy.
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