Johnson Matthey secures $400m government-backed loan for hydrogen research push

Cecilia Keating
clock • 4 min read
Credit: Johnson Matthey
Image:

Credit: Johnson Matthey

UK Export Finance hails transaction as 'biggest single investment' to date in a hydrogen-focused company, as new report from Wood Mackenzie predicts demand for hydrogen will soar 223-fold by 2050

Industrial group Johnson Matthey has secured a $400m sustainability-linked loan backed by the UK government that will enable it to boost research and development (R&D) of hydrogen technologies that can...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

CCC boss urges government to 'make electricity as cheap as possible'

CCC boss urges government to 'make electricity as cheap as possible'

Emma Pinchbeck tells Innovation Zero that UK has a critical role to play in the new ‘age of electricity’

James Murray
clock 29 April 2025 • 6 min read
'A no brainer': Why councils are calling for mandatory solar panels on all new homes

'A no brainer': Why councils are calling for mandatory solar panels on all new homes

Local Government Association proposes series of policy and funding interventions to enable councils to fulfil their role as central players in tackling climate change

Stuart Stone
clock 29 April 2025 • 7 min read
China's clean tech manufacturing dominance is still growing - and the implications for global trade will be era-defining

China's clean tech manufacturing dominance is still growing - and the implications for global trade will be era-defining

A new report from BloombergNEF reveals the true scale of China's dominance of clean tech manufacturing, and asks what it means for a global economy on the brink of a trade war

James Murray
clock 28 April 2025 • 9 min read