Describing the Lubmin project as “FID-ready,” HH2E co-founder and Board Member, Alexander Voigt, said the company was “transforming a temporary setback into a compelling investment opportunity.”
Chilean LNG firm GNL Quintero and Acciona Energía have received environmental approval for a 10MW green hydrogen project near Valparaíso.
Norwegian aluminium producer Hydro has announced plans to cancel its green hydrogen business, citing challenging market conditions, although it will continue to back a hydrogen-fuelled smelting pilot project.
German state-owned bank KfW has signed a €24bn ($25.3bn) loan agreement to help finance the cost of building the nation’s 9,040km hydrogen core network (HCN).
Aramco will use Topsoe technology to produce blue hydrogen at its natural gas liquids (NGL) recovery plant in Saudi Arabia.
Swedish green steelmaker Stegra has signed a six-year electricity supply agreement with Uniper for a total of 6TWh to power its inaugural green hydrogen-based steel plant.
Jakson Green Infinity has delivered 3.8MW electrolysers for a hydrogen refuelling station in India’s National Capital Region (NCR).
Amid growing concerns in the West, China’s Hangyang reaffirms its commitment to global partnerships, emphasising fair competition and open collaboration as cornerstones of the hydrogen industry.
Purem by Eberspaecher has joined the PoWer project to support the development of hydrogen engines in construction and agricultural applications.
Aditya Mittal, Chief Executive of Arcelor Mittal, said the firm was “very grateful” for the government support it had received, but added, “The scale of the challenge requires further policy initiatives to unlock increased investment.”
