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H2-View News: Nikola files for bankruptcy and seeks buyers for asset sale
A statement released by the controversial company said that Nikola, along with certain subsidiaries, “have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the US Bankruptcy Court for the District of Delaware.” Nikola previously attempted to raise capital, cut costs and restructure but ultimately failed to overcome financial challenges. The firm was exploring the potential sale of parts or even the entirety of the business, according to reports last month (January). Read more: Nikola explores strategic options amid financial challenges: reports H2 View understands that Nikola has filed motions to maintain limited operations, including supporting existing trucks [...]
H2-View News: Clean hydrogen’s future lies in industry, not transport or heating, report says
The German environmental thinktank, in its Hydrogen Guiderails Report, said sectors where there are effective, alternative decarbonisation solutions should be excluded from hydrogen deployment strategies and public funding. It argues that hydrogen should not be used in building heating, road transport or electricity generation. Its justification for this is the expected 100 million tonnes of hydrogen consumption in 2024, which is predominantly produced with unabated fossil fuels – equating to around 2.5% of global emissions. “Only a symbolic volume of hydrogen, less than 1%, is produced from renewable electricity or with carbon capture and storage (CCS),” the report says. With [...]
H2-View News: 83% of European decision-makers say transport can be decarbonised without hydrogen
A new market study from IMI has revealed that 83% of decision-makers in Europe see transport decarbonisation as feasible without the use of hydrogen, despite ongoing industry interest. Approaching up to 300 decision-makers based in the UK, Germany and Italy, market research agency Censuswide carried out the analysis for IMI’s ‘The Road Ahead’ report. Overall, 83% of respondents said it would be feasible to decarbonise public transport without any use of hydrogen, although some of these answers were specified as “entirely feasible” and “somewhat feasible,” suggesting contradiction in the market. This is a paid article, to read the article in [...]
H2-View News: H2Global launches €2.5bn hydrogen import auction with regional and global lots
Hintco, the German Government-funded investment vehicle behind the scheme, said the supply-side auction is organised into five lots – four regional and one global. The regional auctions each have a minimum budget of €484m ($505m), focusing on purchasing hydrogen from North America, South America, Australia, Asia and Africa. These auctions will be “product-open lot,” allowing flexibility in the form of hydrogen supplied, be it pure hydrogen, ammonia or methanol. The global auction will offer a minimum of €567m ($591m) to import hydrogen as the final product from anywhere in the world. Hintco has said suppliers are free to choose preferred [...]
H2-View News: UK music festival to introduce stage powered entirely by hydrogen
Boomtown, which is set to take place in Hampshire on August 6-10, has said the HYDRO stage will form a key part of the 2025 event. The festival, which expects to attract over 65,000 attendees, has partnered with Hydrologiq to pull off the feat of delivering the clean-powered stage by using the firm’s HydrologiqOS platform. The stage will use hydrogen fuel cell generators to provide its power, with Hydrologiq managing the installation, remotely monitoring fuel levels and organising compliant operations on the ground. Luke Mitchell, the festival’s co-founder and creative director, said he was “unbelievably happy” to launch the stage. [...]
H2-View News: Video: What is a ‘good’ electrolyser degradation rate?
2025 webinar programme gasworld.TV is our exclusive platform for webinars and digital events, our webinars showcase the industries hot topics and key trends in the industrial gas sector, bringing discussion, insights, and debate directly to your workspace across the world. The 2025 webinar programme is now up, so get in touch and get involved today. To view the whole programme, visit https://gasworld.tv/2025-webinar-programme/. If you’re interested in speaking on one of our upcoming webinars contact tom.dee@gasworld.com .
H2-View News: Plug Power eyes ‘multi-gigawatt’ green hydrogen projects in India by 2030
Plug Power is exploring the opportunity of launching ‘multi-gigawatt’ electrolyser projects in India by 2030, the US green hydrogen firm has confirmed to H2 View. In a statement, the company said it intends to partner with a “prominent local player” with an “in-depth understanding” of the Indian market, which it claims could bolster the country’s hydrogen sector. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.
H2-View News: Fabrum partners with Sumitomo Australia to offer financing for liquid hydrogen systems
The containerised portable liquefiers, housed in 20-foot and 40-foot containers, are available in configurations producing either 35kg, 75kg, or 400kg of liquid hydrogen per day. Through this partnership, the New Zealand-based firm will expand its customer base into the neighbouring Australian market. This growth will be driven by a subsidiary of Japan’s Sumitomo Corporation, a specialist in importing and supplying equipment. “There is a growing shift towards innovation to support liquid hydrogen as a fuel for aircraft and trucks, coupled with demand for portable systems that can be easily deployed at airfields or truck stops,” explained Christopher Boyle, Fabrum’s Co-Founder [...]
H2-View News: €2.3bn Finnish scheme offers tax credits to hydrogen producers, electrolyser makers
The scheme under Finland’s state aid rules will provide tax credits to renewable fuel producers, industrial end-users and clean technology manufacturers. The first subsidy will support investments in renewable fuel production, as well as the storage of electricity and renewable fuels such as green hydrogen, biofuels, and more. Tax credits will also be offered to industrial players looking to reduce their greenhouse gas (GHG) emissions by at least 40% and/or reduce energy consumption by at least 20%. Electrolyser makers, alongside solar, wind, heat pump, battery and CCUS tech manufacturers, can claim the tax credit for new investments in production facilities. [...]
H2-View News: US hydrogen industry pleads with Congress to preserve 45V tax credit
Sent today (February 18) by a coalition of businesses and organisations representing the American hydrogen industry, the letter said the sector has been “hamstrung by delays in the regulatory guidance for this credit by the Biden Administration” over the past two and a half years. Read more: US Treasury relaxes 45V hydrogen tax credit rules and opens nuclear pathway The letter added, “With the final rulemaking just being issued this January, our industry is now poised to invest billions of dollars in deployments and manufacturing facilities across the country. “However, that private sector investment is at risk due to the [...]

