Here are some noteworthy cleantech announcements of the day from around the world:
The European Commission has approved a €134 million (~$133 million) measure to support BASF in producing renewable hydrogen. The measure is expected to decarbonize BASF’s chemical production processes and promote hydrogen use in the transport sector. The aid will support the construction and installation of a large-scale electrolyzer at BASF’s Ludwigshafen site, which will have an annual production capacity of 54 MW and produce approximately 5,000 tons of renewable hydrogen and 40,000 tons of oxygen per year. The electrolyzer is envisaged to start operating in 2025. The measure will contribute to achieving the EU Hydrogen Strategy, European Green Deal targets, and REPowerEU Plan.
Chemical company Chemours announced a $200 million investment to support the hydrogen economy. The…
Daily News Wrap-Up: EU Approves $133 Million to Support BASF in Green Hydrogen Production
