HydrogenEnergy

Germany Abandons $350 Million Hydrogen Subsidy Plan Amid Budget Cuts

11 days ago

In a significant policy shift, Germany has decided to terminate a massive subsidy program aimed at promoting hydrogen projects, cancelling approximately $350 million in funding. This move comes as the country grapples with fiscal constraints and an urgent need to reallocate public funds to bolster its energy security amidst rising costs and geopolitical tensions.

California's Verdagy Launches New Hydrogen Plant Amid Industry Turbulence

2 months ago

In a bold move for the hydrogen sector, Verdagy, a promising startup based in California, has officially inaugurated its new manufacturing facility dedicated to the production of green hydrogen. This development arrives at a crucial and somewhat precarious moment for the broader hydrogen industry, which is currently grappling with fluctuating economic conditions and shifting governmental policies.