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Report: Tesla Could Receive Over $1.2 Billion in Subsidies From Germany for Battery Plant

Author Bio Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles. Tesla Motors (NASDAQ:TSLA) stands to collect a nice windfall from the German government. According to a report in Business Insider published on Mon...
Germany Federal Ministry Of Economics Tesla Motors Business Insider Federal Ministry Important Projects Common European Interest
Source: fool.com

Sefcovic hails milestone for EU Battery Alliance

covi c, in charge of the European Battery Alliance, said this strong pan-European project will help revolutionise the next generation battery market. “It will also boost our strategic autonomy in a sector vital for Europe’s green transition and long-term resilience. Some three years ago, the EU battery industry was hardly on the map. Today, Europe is a global battery hotspot. And by 2025, our actions under the European Battery Alliance will result in an industry robust to power at least six...
Maros Sefcovic Thierry Breton Margrethe Vestager European Battery Alliance European Commission Eu Commission Executive Vice

Mitsubishi, Vattenfall, Shell join key project

FRANKFURT: Hamburg is planning to generate green hydrogen, which is produced from renewable power, at a plant it will develop with energy firms Shell, Mitsubishi and Vattenfall, the city state said. Hamburg’s municipal heating company has signed a letter of intent with the three companies to develop a 100 megawatt (MW) facility to extract hydrogen from water through electrolysis, it said. Hydrogen produced at the so-called Green Energy Hub would be derived from wind and solar power, the state...
Elbe River Germany General Jens Kerstan European Union Green Energy Hub Waerme Hamburg

Hamburg eyes 100 MW green hydrogen project with Shell, Mitsubishi, Vattenfall

By Reuters Staff 2 Min Read FRANKFURT, Jan 22 (Reuters) - Hamburg’s municipal heating company and Shell, Mitsubishi (MBI) and Vattenfall have signed a letter of intent to develop a 100 megawatt (MW) hydrogen electrolysis plant, the city state said in a statement on Friday. Electrolysis is a carbon-free process - if powered by renewable electricity - to extract “green” hydrogen from water and a key technology in Germany’s plan to decarbonise its economy by 2050. The envisaged size of the...
Elbe River Germany General Jens Kerstan Vera Eckert Kirsten Donovan Thomson Reuters Trust Principles

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Hamburg plans green hydrogen plant with Shell, Mitsubishi, Vattenfall

Article content FRANKFURT — Hamburg is planning to generate green hydrogen, which is produced from renewable power, at a plant it will develop with energy firms Shell, Mitsubishi and Vattenfall, the city state said on Friday. Hamburg’s municipal heating company has signed a letter of intent with the three companies to develop a 100 megawatt (MW) facility to extract hydrogen from water through electrolysis, it said. We apologize, but this video has failed to load. Try refreshing your browser...
Jens Kerstan European Union Green Energy Hub Waerme Hamburg Important Projects Common European Interest

Total, Engie partner to produce green hydrogen at biorefinery in France

16:18 PM | January 13, 2021 | Inge Erhard, OPIS Companies plan 40-MW electrolyzer at the La Mède site. This information is only available to subscribers Why subscribe? chemweek.com is the one stop platform for chemical news, data and analysis across all industry sectors and geographies.
Provence Alpes Côd Azur Dimitar Enchev Inge Erhard Innovation Fund Hydrogen Technologies Important Projects

German Council Presidency launches joint European hydrogen project

8 Januar 2021 Minister Altmaier: “Together, we will advance forward-looking technologies and safeguard jobs” Federal Minister for Economic Affairs and Energy Peter Altmaier with Margrethe Vestager, Executive Vice-president of the European Commission and Thierry Breton, EU Commissioner for Internal Market. © BMWi/Andreas Mertens As part of Germany’s Presidency of the Council of the EU, Minister Peter Altmaier will today host a high-level online event on Important Projects of Common Europe...
Thierry Breton Peter Altmaier Bmwi Andreas Mertens Margrethe Vestager Economic Affairs Ministry Economic Affairs

23 European nations launch IPCEI Hydrogen

23 European nations launch IPCEI Hydrogen The German Federal Ministry for Economic Affairs and Energy has just announced the launch of the IPCEI Hydrogen. This is a joint European project (Important Projects of Common European Interest, or IPCEI) analogous to the two initiatives already launched in the field of battery cell manufacturing. Twenty-two EU member states and Norway have signed a declaration of intent stating their willingness to support the development of a European value chain for ...
Thierry Breton Peter Altmaier Margrethe Vestager German Federal Ministry For Economic Affairs European Commission Commission Vice

Plinacro - A new impetus for the entry of hydrogen on the energy map of Croatia and Europe

42 views ENP Newswire The Presidents of the Management Boards of Plinacro doo and HEP dd signed a Memorandum of Understanding regarding the activities on hydrogen production and transport projects, thus expressing the intention to cooperate in order to connect the development plans of hydrogen technologies and networks. In line with the objectives of the European Union and the expected decarbonisation of the economy, companies have shown a strong commitment to creating the preconditions for the...
France General Republic Of Croatia Innovation Fund European Union European Commission Management Boards

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