H2 Energy Group

This marks the first funding allocation from the AUD $1.75bn ($1bn) FMIA Innovation Fund, introduced in last year’s Federal Budget. Grants will be awarded on merits like energy goal alignment, job creation, and economic resilience, supporting manufacturers in scaling up. While the Albanese Labor Government has indicated that the funding could support hydrogen electrolysers or battery and storage technologies, the press release suggests a stronger emphasis on domestic wind tower steel fabrication. “Through ARENA, the $500m allocation from the Innovation Fund will provide merit-based grants for manufacturing opportunities, including projects which build new capacity in wind tower steel fabrication and [...]

The German firm will manufacture its Duraion membranes at the facility, with a focus on reinforced membranes to meet the growing demand for advanced AEM technology. Once fully online, Evonik’s Marl plant will provide membranes for 2.5GW of electrolysis capacity. However, it has not been confirmed which electrolyser OEMs the plant will supply. Reportedly, Evonik has invested a “low double-digit million-euro amount” in the plant located in Marl, Germany, which is scheduled to go online at the end of 2025. Goetz Baumgarten, Head of the Membranes & Fibres product line at Evonik’s High Performance Polymers business line, said the investment [...]

The Europe Clean Industrial Deal (CID) aims to “turn the tide” in the production of clean energy, according to the European Commission President Ursula von der Leyen. Released yesterday (February 26), the EU’s widely anticipated plan introduced key hydrogen measures to break through regulatory, financing and scaling challenges facing the industry. Read more:EU Clean Industrial Deal aims to break through hydrogen scaling challenges This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

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The power conversion system supplier has previously provided systems to EH2’s plants in San Jose, California and Devens, Massachusetts. Ingeteam will now supply rectifier systems that will be integrated into 100MW PEM electrolyser plants in Europe. Power conversion accounts for a significant portion of green hydrogen plant costs. Reportedly, EH2 and Ingeteam have optimised their systems to minimise integration risks and reduce total project costs by up to 60% compared with industry benchmarks. “Ingeteam’s power conversion technology helps us push the boundaries of performance and cost, “explained Raffi Garabedian, CEO and Co-Founder of EH2. “This collaboration, which includes extensive interoperability [...]

According to local news outlet Cluj24, the plant will become operational between late 2026 and 2027, after the Local Council approved the feasibility study for the project towards the end of last year. Strategically located within the depot of the Public Transport Company (CTP), the project will reportedly power the city’s future hydrogen-powered bus fleet and be used by the District Heating Authority. If operated continuously, the plant will produce up to 365 tonnes of hydrogen per year, and boast renewable energy consumption of 9.506MWh/year. Funded by the EU, the total investment of the initiative represents 71.8m Lei ($15m), with [...]

The investment fund inked a non-binding heads of terms with Atome, which would see it become the project’s lead equity partner as the development targets a final investment decision (FID) by the end of H1 2025. Under the deal, Hy24 could commit between $100m and $115m to the Villeta project. Additionally, before taking FID, if Atome reaches “pre-defined milestones” Hy24 will advance up to $5m of the proposed equity. Atome and Hy24 intend to sign the definitive agreements in Q2. However, Atome must sign a binding offtake agreement and EPC contract and finalise lending agreements. It is also dependent on [...]

The facility uses a thermochemical process to convert wood residues into “mobility-grade” hydrogen at a rate of 15kg per hour, designed to operate continuously for 8,000 hours per year. Haffner will produce 11kg per hour in its first phase due to the existing pressure swing absorption (PSA) purification equipment. This will then be replaced by a PSA that can reach 15kg per hour capacity. H2 View understands that the unit already produces hydrogen at 8 bar pressure, ready for commercial distribution in the second half of 2025, marketed to the transportation and industrial markets. Furthermore, Haffner Energy has stated that [...]

The Australian engineering company will provide front-end engineering and design (FEED) services for Finland’s hydrogen pipeline system up until 2028, with a potential extension to 2032, as part of a broader project connecting Finland, Sweden and the Baltic Sea region. Under the agreement, Worley will “support and advise Gasgrid to ensure the engineering and construction of the onshore pipeline projects.” Esa Hallivuori, Senior Vice-President of Infrastructure Projects at Gasgrid, said the company aims to boost Finland’s hydrogen economy by attracting high-value investments, expanding exports and strengthening the technology and service sectors. “With the cooperation of Worley, Gasgrid envisions a long-term [...]

The British energy major revealed it would increase its oil and gas investments by about 30% to $10bn a year while cutting planned renewables funding by over $5bn. As part of that, bp says it will adopt “disciplined investment” in green energy, with selected investments in biogas, biofuels and EV charging; “capital light” partnerships in renewables; and “focused investments” in hydrogen/CCS. It follows similar moves from Shell and Equinor, which have also scaled back green energy investments amid investor backlash against declining profits. “This is a reset bp, with an unwavering focus on growing long-term shareholder value,” said bp CEO, [...]