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Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.  

California Gov. Gavin Newsom awarded a $1.5 million tax credit for a hydrogen fuel facility and a $800,000 credit to expand Port Hueneme’s logistics and supply chain infrastructure.

Savage will team up with hydrogen fuel cell manufacturer Symbio North America as part of efforts to decarbonize the infrastructure and logistics company’s drayage fleet.

Hydrogen is often categorized by colors meant to indicate its emissions, but experts said getting too hung up on color could hinder the production and adoption of hydrogen-powered equipment.

Hydrogen adoption faces infrastructure hurdles as industry shifts from billion-dollar hub plans to practical solutions. Experts highlight ethanol conversion and cost concerns.

The hydrogen internal combustion engine is already considered zero-emissions technology in the European market, and interest in the North American market is increasing.

Canada has granted C$25 million to the Halifax Port Authority for sustainable environmental infrastructure and establish a hydrogen production facility.

The tax credit created by President Joe Biden’s signature climate law now includes a carve-out that will benefit some existing nuclear power plants.

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for hydrogen.

Under terms of the grant program, FRA will pay no more than 80% of a project’s cost, with a minimum 20% match that can include in-kind contributions.