Government funding to drive hydrogen fleet and refuelling network
Multi-million pound funding from the Department for Transport is to be used to increase the number of hydrogen refuelling stations in the UK as well as put nearly 200 new hydrogen-powered fleet vehicles on the road.
The £8.8m investment has been secured by a consortium managed by Element Energy and including ITM Power, Shell, Toyota, Honda and Hyundai, and will be matched by a further £13.1m investment including support from the companies and other sources.
The project will see ITM Power receive £4.3m from the DfT to build four new hydrogen refuelling stations and to upgrade five existing hydrogen refuelling stations.
In addition the funding will also enable the deployment of nearly 200 new hydrogen-powered vehicles, including by the police and taxis.
Roads Minister, Jesse Norman said: “Hydrogen has huge potential, especially for those making longer journeys and clocking up high mileage. That is what makes this project truly exciting. Not only is it demonstrating the technology in action, but it is also developing the refuelling infrastructure needed for the future.”For more of the latest industry news, click here.