Hintco reopens renewable methanol auction with €437.5m backing

Hintco said the relaunch targets projects that were not advanced enough during the pilot phase, broadening participation in the green fuel market. It comes alongside increased funding and extended timelines across other H2Global tenders.

The German government-backed investment vehicle behind the H2Global scheme raised the funding across its tenders earlier this month, boosting the regional lots from €484m ($570m) to €580m ($683m) each.

H2 View understands that in H2Global’s pilot auction, the renewable methanol lot drew strong interest but ended without awards, as projects lacked maturity, and EU renewable fuels of non-biological origin (RFNBO) rules on methanol certification remained unclear.

Green methanol qualifies as an RFNBO under EU rules if it is produced from renewable hydrogen and compliant CO₂, using renewable electricity that meets additionality, temporal and geographical correlation requirements.

“Each stage of the H2Global process has delivered important successes, from securing long-term contracts to building global interest,” said Hintco CEO Timo Bollerhey.

“The updates announced today build on that progress. They provide predictability for RFNBO suppliers and buyers, align funding and timelines with market needs, and take us another step forward in creating and scaling the global clean hydrogen market.”

H2Global aims to stimulate the global hydrogen market by covering the price gap between costly green hydrogen and what European buyers will pay. Four regional lots are product-open for derivatives such as ammonia, methanol or liquid hydrogen, while a global lot is limited to hydrogen supply.

Under its double-auction model, Hintco signs long-term offtake contracts and resells the fuel into Europe at lower prices, with the shortfall covered by German and Dutch public funds to de-risk projects and spur investment.

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