Greenh2 team – Page 27 – Green Hydrogen (H2)

Green Hydrogen News & Intelligence

Green Hydrogen Systems Secures DKK 80 Million Loan and Prepares for Capital Raise

December 30, 2024 Greenh2 team

EDP’s GH2 Soto project, aimed at producing renewable hydrogen at the Soto de Ribera site, has reached a significant milestone with the approval of its Integrated Environmental Authorisation from the Regional Ministry of Ecological Transition, Industry, and Economic Development of Asturias. This approval enables the development of the project’s initial 5 MW electrolysis capacity, advancing EDP’s vision to transform its thermal power plants into hubs for renewable energy. Project Highlights Investment: Over €20 million, with €6 million in financing from the IDAE (Institute for Energy Diversification and Saving) under the Pioneer Projects programme of the ERHA PERTE framework. Output: Annual production of 600 tonnes of renewable hydrogen to serve industrial applications. Environmental Impact: Prevention of 6,000 tonnes of CO₂ emissions annually. A Key Pillar of EDP’s Green Hub Vision The GH2 Soto initiative is part of EDP’s broader strategy to transform Soto de Ribera into a green energy hub, integrating renewable energy production, energy storage, and system flexibility. This project complements EDP’s larger hydrogen developments in Aboño (150 MW) and Los Barrios (130 MW), positioning the company as a leader in renewable hydrogen production in Europe. Ambitious Goals for Asturias EDP plans to develop up to 1 GW of electrolysis capacity across its transforming sites in Aboño and Soto de Ribera, both recognized as Projects of Common Interest (PCI) by the European Commission. This designation brings: Accelerated planning and licensing processes. Improved regulatory conditions. Simplified environmental assessments. Increased investor visibility and access to CEF funding opportunities. CEO Commentary EDP’s commitment to renewable hydrogen aligns with its mission to decarbonize industrial sectors and energy systems while supporting Europe’s green transition. These initiatives reflect the company’s leadership in advancing impactful, large-scale green hydrogen projects. Transforming the Energy Landscape With the Soto de Ribera project moving forward and additional hydrogen initiatives underway, EDP continues to play a pivotal role in developing a sustainable and flexible energy future, supporting Europe’s ambitions to achieve carbon neutrality.

EDP’s Renewable Hydrogen Project in Soto de Ribera Achieves Key Environmental Milestone

December 27, 2024 Greenh2 team

Ballard Power Secures Orders for Over 90 Fuel Cell Engines for European and UK City Buses

Ballard Power Secures Orders for Over 90 Fuel Cell Engines for European and UK City Buses

December 25, 2024 Greenh2 team

ITM Secures Contract to Deliver Three NEPTUNE V Electrolyser Units for German Green Hydrogen Projects

December 25, 2024 Greenh2 team

HydrogenPro Secures NOK 140 Million Investment, Partners with LONGi Hydrogen

December 25, 2024 Greenh2 team

LONGi Hydrogen Secures Contract to Supply Electrolysers for Landmark Green Hydrogen Project in Norway

LONGi Hydrogen Secures Contract to Supply Electrolysers for Landmark Green Hydrogen Project in Norway

December 18, 2024 Greenh2 team

EU Approves €1.7 Billion Danish Scheme to Boost Renewable Hydrogen and Gas Production

EU Approves €1.7 Billion Danish Scheme to Boost Renewable Hydrogen and Gas Production

December 17, 2024 Greenh2 team

PowerCell Secures SEK 41.8 Million Follow-Up Order for Marine System 225

December 16, 2024 Greenh2 team

EWE Successfully Demonstrates Safe Hydrogen Storage in Underground Caverns

EWE Successfully Demonstrates Safe Hydrogen Storage in Underground Caverns

December 14, 2024 Greenh2 team

Charbone Hydrogen Secures $2.1M CAD to Advance Green Hydrogen Production in North America

December 10, 2024 Greenh2 team