RE: What do Shore Capital know that we dont?26 Jul 2024 22:02
A letter of support is vital in the group’s pursuit of government-funded revenue support, a grant provided to help financially support net-zero ventures such as hydrogen storage projects.
To receive the grant, companies must show proof of support from hydrogen storage users and financial backers.
UK Energy Storage plans to apply for government revenue support for at least one of its hydrogen storage projects, expected to commence in the third quarter after the general election.
SGN and sumitumo are both backing this! SGN are the Uks largest gas network provider, what else do you want to hear, the government are going to be pretty please to have them as backers!