The European Commission has cleared a €400 million ($455.2 million) Spanish aid program to scale renewable hydrogen output, backing up to 345 MW of electrolyzer capacity and targeting 221,000 tons of production via the EU Hydrogen Bank’s 2025 auction round.
Fincantieri says it is building the world’s first hydrogen-powered cruise ship for delivery in late 2026, while Coca-Cola Bottlers Japan says it will debut the world’s first hydrogen-powered vending machine at the Kansai Expo this year.
Westwood Global Energy Group says just 17% of the European Union’s hydrogen projects will advance without intervention, while Smartenergy says Spain’s Orange.bat project has cleared a key environmental hurdle and will launch in May 2028.
Trafigura says it has scrapped plans for a $471.2 million green hydrogen plant in Australia after a feasibility study, while Aurora Energy Research says Germany, Spain, Sweden, and Great Britain could drive over 50% of renewable energy demand by 2035, requiring €100 billion in investment.
Chile’s economic development agency Corfo has selected three companies – two Chinese and one Spanish – to build electrolyzer production facilities in the country. The projects, set to begin operations by mid-2026, will assemble alkaline and proton exchange membrane (PEM) electrolyzers ranging from 50 kW to 5 MW.
HyIron says it has produced the first green hydrogen molecules at its Namibian facility, while Copenhagen Infrastructure Partners (CIP) has secured AUD 814 million ($512 million) for its Murchison Green Hydrogen project in Western Australia.
BASF has commissioned a 54 MW PEM electrolyzer at a site in Germany, while Sungrow Hydrogen has secured a major order for alkaline hydrogen production equipment from China Coal Ordos Energy.
This year’s KEY – The Energy Transition Expo, Europe’s second-largest solar trade show, highlighted the rapid growth of Italy’s PV market and its expanding international reach.
TotalEnergies says it has signed a 15-year deal with RWE to buy 30,000 tons of green hydrogen per year from a 300 MW electrolyzer in Germany, while Plug Power has announced a partnership with Southwire to create a clean hydrogen ecosystem in Texas.
Hyundai Motor says it plans to build its first hydrogen fuel cell systems plant in South Korea by 2028, pending union consultations, expanding beyond its existing facility in China.
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