Hygen secures HSBC UK funding to scale green hydrogen facility in Birmingham
HSBC UK will provide “multi-million-pound funding” to Hygen Energy to expand capacity at its green hydrogen production and refuelling site in Birmingham, UK.
HSBC UK will provide “multi-million-pound funding” to Hygen Energy to expand capacity at its green hydrogen production and refuelling site in Birmingham, UK.
Plug Power has finalised a 3GW electrolyser order from Allied Green Ammonia (AGA) for a major hydrogen-to-ammonia plant under development in Australia’s Northern Territory.
Gas technology company GTT has announced a strategic review of its PEM electrolyser subsidiary, Elogen, aimed at reducing its financing requirements.
Nel has secured $29m in additional investment tax credits for its planned electrolyser gigafactory in Michigan, US, bringing its total funding to around $200m.
Protium Green Solutions has secured over £31m ($38m) in Series B funding to fast-track its UK-based hydrogen projects and advance the commercial deployment of its existing portfolio.
IMI has agreed to provide a PEM electrolyser to a new hydrogen refuelling station at the Port of Klaipéda in Lithuania being developed by MT Group.
“The capacity of the industry has been planned in response to the different programmes across the world, with clear targets for hydrogen production. The industry has responded to that request…”
ITM Power has been selected as the technology provider and awarded a front-end engineering design (FEED) contract for a 50MW green hydrogen production site.
Chinese electrolyser manufacturers will capture at least one-third of orders outside Europe and North America, according to Wood Mackenzie’s view on 2025 report.
EU-compliant green hydrogen could be produced in Spain and Portugal at €5.85/kg, according to Mibgas’ first price index.
