H2 Energy Group

The Japanese engineering firm will provide six M501JAC gas turbines, generators, and auxiliary equipment for the Rumah-1 and Al-Nairyah-1 independent power plant (IPP) projects in Saudi Arabia. Mitsubishi’s turbine products will reportedly deliver a combined 3.6GW, which accounts for nearly 2.5% of the national grid’s capacity. In an email sent to H2 View, a Mitsubishi representative confirmed, “The potential of J-Class gas turbines to co-fire hydrogen will help Saudi Arabia move closer to adding 20GW of renewable power capacity annually, targeting a total of 130GW by 2030, according to Global Data.” However, it remains unclear whether there are firm plans [...]

According to the Financial Times, a senior BP official claimed the segment was no longer commercially viable, adding that low-carbon mobility projects require a lot of investment and have been progressing slowly. The decision was announced in an email sent to staff, confirming that BP will be “phasing down and closing” the low-carbon mobility team in its customers & product segment. Nine employees will potentially lose their jobs, according to reports. In an email sent to H2 View, BP said, “This is a small, standalone business development team looking at the potential in areas such as hydrogen and LNG for transport, [...]

US hydrogen stocks are down as markets react to President Donald Trump’s worldwide trade tariffs. Stocks across all industries are down at opening as firms face increased costs of sourcing overseas components. Household names like Apple, Amazon and Lululemon have seen slumps of 9%, 7% and 10% respectively. However, share prices in companies involved in the clean hydrogen sector have also seen dives. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

In an online statement, Mabanaft said the Memorandum of Understanding (MOU) agreement outlines “the starting point for negotiations to define the terms of a potential offtake contract.” The German firm’s Senior Vice-President New Energy, Supply & Infrastructure, Volker Ebeling, said Mabanaft is currently in the process of making methanol storage available at its Port of Hamburg tank terminal, with possible scope for further global locations. In January, the company announced it would convert four of its Hamburg tanks to store methanol, expected to be ready by 2027. Furthermore, Mabanaft has already signed a letter of intent to supply green methanol [...]

The EU today (April 3) today opened a funding call for cross-border EU energy infrastructure projects. The funding from the Connecting Europe Facility (CEF) will support project studies and construction works. It will remain open until September 16, 2025, with results expected “early” next year. The programme is open to proposals for projects already granted PCI or PMI status – which gives them streamlined permitting and regulatory processes. Six separate lists of PCI and PMI projects have been published, with the latest set including 65 hydrogen projects. These developments included hydrogen interconnections across Western, Central Eastern, South Eastern Europe as [...]

The Nel refuelling spin-out supplied equipment that has been factory cUL certified to meet Canadian safety standards. Located in Vancouver, the station opened yesterday (April 2), becoming Htec’s sixth retail hydrogen station. “Canada remains a top priority in our expansion strategy, especially as we continue to strengthen our presence in North America, alongside our work in the US,” explained Eddy Nupoort, Senior Director of Sales & Business Development for the Americas at Cavendish Hydrogen. However, Cavendish Hydrogen revealed earlier this year it will cut its workforce by 45% and halt its high-capacity hydrogen refuelling station development as part of a [...]

UK hydrogen leaders called for immediate government action to unlock demand and policy clarity at the Hydrogen UK Annual Conference in Birmingham. The event, which hosted over 700 delegates, heard from companies across the sector, with two key themes emerging: clarity and demand. Hydrogen UK CEO, Clare Jackson, kicked off the conference with an optimistic keynote underlined by the tough reality the sector finds itself in. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

The South Korean automotive firm says these upgrades boost the Nexo’s driving range to around 700km, up from 666km, supported by improved aerodynamics and greater fuel cell efficiency. The Nexo’s 110kW fuel cell, paired with a 150kW electric motor and 1.56kWh battery, delivers zero-emission power on demand. Instead of plugging the vehicle in, it takes five minutes to refill the hydrogen. The Nexo also features a fuel cell electric vehicle (FCEV) ‘Route Planner11’ that integrates hydrogen refuelling stations into a journey. It dynamically adjusts the remaining range based on factors like air conditioning use and displays real-time energy flow, tank [...]

Under the new partnership, Pexapark will act as the official provider of benchmark power purchase agreement (PPA) pricing data for solar and wind in Spain and Portugal. The data will feed directly into the calculation of the IBHYX index, which reflects the levelised cost of green hydrogen production in the region. Renewable electricity is the most significant cost driver for green hydrogen – making Pexapark’s market-based pricing, built on 1,000+ monthly data points from real PPA deals, vital for a credible index. “While offtake deals for green hydrogen, methanol, and other derivatives remain rare across Europe, these fuels will ultimately [...]

The UK Government has committed to publishing a new hydrogen strategy this year and finalising contracts for the remaining eight hydrogen allocation round (HAR1) green hydrogen projects by May. Speaking at the Hydrogen UK Annual Conference in Birmingham, Industry Minister Sarah Jones confirmed the move as she acknowledged frustration from companies within the sector. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.