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

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Energy

Study: COP Troika on track to increase fossil fuel production by a third

Study: COP Troika on track to increase fossil fuel production by a third

Analysis from Oil Change International warns COP hosts UAE, Azerbaijan, and Brazil are all planning to expand fossil fuel production

James Murray
clock 26 September 2024 • 4 min read
Renewables set fresh record, providing over half UK's power for three successive quarters

Renewables set fresh record, providing over half UK's power for three successive quarters

Renewables account for 52 per cent of the electricity mix between April and June, new government data confirms

Stuart Stone
clock 26 September 2024 • 4 min read
How oil pollution in UK waters is being 'grossly underestimated'

How oil pollution in UK waters is being 'grossly underestimated'

Analysis from Oceana estimates that 'true level' of oil pollution in UK seas is 43 per cent higher than official reports suggest

Cecilia Keating
clock 26 September 2024 • 5 min read