H2 Energy Group

The capital, raised in a round led by venture capital firms NordicNinja and Voima Ventures, could support the company’s industrialisation plan and a manufacturing facility for its battery technology, which could scale seasonal energy storage. Photoncycle’s system uses solar energy generation to provide electricity to households. Excess energy can be used to electrolyse water and produce hydrogen, which is stored underground in a solid state. During periods of low solar generation, the hydrogen can be converted back to electricity through a fuel cell. The company has revealed few technical details about the system, but argues it could replace water-based heating [...]

The German firm will work with Drift Energy to marinise its systems so they could be used in the UK-based company’s plans to produce hydrogen at sea on boats. The concept would see Enapter’s electrolysers installed on 58-metre yachts, with underwater turbines attached to the vessels powering hydrogen production. Drift says the boats will use an AI vessel routing algorithm to allow the yachts to find and stay in “optimum weather conditions” at sea, maximising energy generated by the turbines. Work will focus on adapting materials and components in the electrolyser to withstand saline marine environments and vessel motions. The [...]

The duo said they recovered platinum group metals (PGMs) and ionomers from industrial PEM catalyst-coated membranes (CCMs) and reintegrated them into new membrane electrode assemblies (MEAs). Currently, PGMs within CCMs are recycled through methods requiring incineration to remove organic materials before further processing to separate and purify the metals. Platinum, iridium, and ruthenium are all high-cost metals common in PEM CCMs, which form the core of membrane electrode assemblies (MEAs) where electrochemical reactions occur. However, this approach means membranes – made from perfluorosulfonic acid-based polymers, known as ionomers – typically degrade or fluorinate during high-temperature recycling processes, making direct recovery [...]

The European Commission is due to publish its long-awaited Industrial Accelerator Act (IAA) today (4 March), a proposal that could determine whether Europe’s strained clean hydrogen sector secures meaningful demand support. The publication had been delayed by a week, reportedly due to internal disagreements over proposed local-content requirements – a sign of the political sensitivity surrounding trade protection. However, the Act is expected to have a wide-reaching impact for both incumbent industrials and clean technology players alike. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

Wopke Hoekstra, the Commission’s climate chief, confirmed the move, stressing the EU’s carbon border adjustment mechanism (CBAM) would provide a level playing field for European fertiliser producers. CBAM, which covers hydrogen, electricity, fertilisers, aluminium, iron and steel, and cement, places a carbon price on goods imported into the EU – in line with the internal emissions trading scheme on domestic producers. However, since it came into force, several EU member states have been lobbying Brussels to remove fertilisers from the scheme, warning it could drive up prices for farmers. Various hydrogen lobby groups and ammonia companies had warned that a suspension could undermine [...]

The investment from global asset manager Nuveen will fund the construction of over 650MW of onshore wind generation across Nova Scotia for EverWind’s Point Tupper Green Fuels Project. Scheduled to break ground this year and reach commercial operation by 2028, EverWind says its first phase would produce 200,000 tonnes of green ammonia per year, increasing to up to one million tonnes in its second phase. Most of this looks set for export to markets like Europe. In August 2022, German firms Eon and Uniper both signed non-binding memoranda of understanding with EverWind, each for an annual 500,000 tonnes. The new [...]

Mannesmann Grossrohr (MGR) and Mannesmann Line Pipe (MLP), both Salzgitter subsidiaries, will construct almost 110km of pipeline for Salzgitter’s green steel operations. The firms will complete separate sections of the long-distance FGL 702 pipeline between Bad Lauchstädt and Salzgitter, which will eventually carry green hydrogen for use in Salzgitter’s Salcos direct reduced iron (DRI) project. A direct source of the hydrogen has not been confirmed. However, the new 110km installation will connect to Germany’s 9,000km hydrogen core network. MGR will be responsible for 70.6km of pipeline between Salzgitter and Wefensleben, while MLP will take on 38.2km from Angersdorf to Preußlitz. [...]

The H2East pipeline would connect hydrogen producers, storage, and end-users across the Humber region and Nottinghamshire, running largely underground, with some overground infrastructure. Part of a collaboration with National Gas and Northern Gas Networks (NGN), Cadent says the pipeline could help steel, chemicals, materials, and food manufacturing switch from natural gas to hydrogen. The company has not yet announced the pipeline’s planned capacity. Over the course of a six-week consultation, the firm will present its plans and ask for public views on the development. Feedback can be given by email or post. It will also host 11 local drop-in events [...]

Revenues increased 12.9% year-on-year to $710m due to higher equipment sales, while in Q4, it posted a gross profit of $5.5m, compared to a margin loss of 122.5% a year earlier. Plug attributes the margin improvement to increased sales volumes at higher prices, fuel network enhancements, and manufacturing efficiency gains. It ended 2025 with $368.5m in unrestricted cash, with cash burn from operating activities reduced to $535.8m from $728.6m in 2024. Despite the reduction, liquidity remains tight. Despite those improvements, the company recorded around $763m in non-cash charges on asset impairments and capital transactions, related to its cost-cutting program. Plug [...]

Europe’s hydrogen infrastructure framework is largely in place, but investment de-risking remains the sector’s most immediate bottleneck, according to trade body Gas Infrastructure Europe (GIE). Policy Manager Tobias Bühnen told a recent H2 View webinar that while EU rules covering network access, unbundling and cross-border coordination have been established, a “significant gap” between projected revenues and upfront costs is delaying development. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.