In India, SolarQuarter reported that the European Commission has approved a $435.5 million Austrian State aid scheme and a $39.2 million Lithuanian State aid scheme to support the production of renewable hydrogen. The funding will be allocated through the European Hydrogen Bank’s “Auctions-as-a-Service” tool, with the auction set to close in 2025. The report noted […]
In Norway, Nel ASA has signed an EPC collaboration agreement that allows SAMSUNG E&A to offer its customers complete hydrogen plants of its own design using Nel’s electrolysers. In a separate transaction, SAMSUNG E&A will purchase 10% of newly issued Nel ASA shares through a direct placement, implying a post transaction ownership of 9.1%. As […]
In South Korea, Business Korea reported that Hyundai Motor Co. will establish its first domestic hydrogen fuel cell plant at its Ulsan factory. The company agreed to utilize the idle site of the front-wheel 6-speed automatic transmission and dual-clutch transmission (DCT) factory at the Ulsan plant for the new hydrogen fuel cell assembly plant, according […]
In Japan, Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, has achieved rated operation (435kW/1,500min-1) using 100% hydrogen fuel in a trial run of a 500kW-class hydrogen engine generator set at the company’s Sagamihara Plant. Following safety and reliability evaluations, development will now accelerate toward commercialization, the firm […]
In Texas, Utility announced the successful operation of the company’s H2Gen system at a major steel plant in North America. “Decarbonizing heavy industries like steel, mobility, chemicals, refining, and power has been one of the toughest challenges in the energy transition — until now. Our successful deployment of H2Gen at a major steel plant proves […]
In France, TotalEnergies has signed an agreement with the German developer RWE to supply 30,000 tons a year of green hydrogen to the German Leuna refinery for fifteen years, beginning in 2030. The green hydrogen will be produced by a 300 MW electrolyzer, built and operated by RWE in Lingen. Green hydrogen storage will be […]
In India, SolarQuarter reported that Climate Fund Managers BV (CFM), a finance investment manager specializing in Africa, Asia, and Latin America, has launched a new global energy transition and green hydrogen fund, dubbed Climate Investor Three (CI3). CFM announced that the fund has secured initial capital commitments of $157 million from European donors. The fund’s […]
In India, India News Network reported that the second meeting of the India-EU Trade and Technology Council (TTC), held in New Delhi on February 28, 2025, reaffirmed the commitment of both India and the European Union to advancing clean and green technologies. Co-chaired by Indian and European ministers and representatives, the discussions focused on achieving […]
In Indiana, Accelera by Cummins, and GAIL (India) recently signed a Memorandum of Understanding (MoU) to collaborate on green hydrogen and zero-emissions technologies in India. The collaboration will leverage Accelera’s expertise in hydrogen generation technology and GAIL’s established natural gas infrastructure to explore opportunities in hydrogen production, blending, transportation and storage. The partnership will also […]
In Austria, Andritz reported that it has received an order for the engineering of a 100 MW green hydrogen plant in Rostock, Germany. The order was placed by REPCO, a joint venture of RWE Generation SE, EnBW Neue Energien GmbH, RheinEnergie AG and Rostock Port GmbH. Subject to the investment decision planned for mid-2025, REPCO […]
