H2 Energy Group

The Singapore-based technology firm plans to use Hyzon’s IP to continue producing hydrogen trucks and integrating its own fuel cell systems, and serve Hyzon’s customers in the US, Europe, Australia, and New Zealand. “The acquisition of Hyzon vehicle IP allows us to serve [US-based] customers, and bring new revenue streams to Horizon,” explained George Gu, Chairman of Horizon Fuel Cell Group, who previously chaired Hyzon. The company has not announced a price for the acquisition. Having spun out from Horizon in 2020, Hyzon developed heavy-duty trucks and waste disposal vehicles. The US hydrogen truck maker finally collapsed earlier this year [...]

The German energy firm logged an adjusted EBITDA of €379m ($442.8m) in H1 2025, far below the €1.74bn ($2.03bn) recorded 12 months prior. Similarly, its net income was down from €1.14bn ($1.33bn) to €135m ($158m). Despite the narrowed earnings, the company has reaffirmed its 2025 financial forecast. It expects an EBITDA between €1bn ($1.17bn) and €1.3bn ($1.52bn) and net income of €350–€550m ($409–$643m). Facing these headwinds, Uniper has “finetuned” its transformation strategy, reducing its projected investments through 2030 to around €5bn ($5.8bn). This follows a previous delay to its €8bn ($9.35bn) green energy investment target, originally set for 2030. Those [...]

Atome’s CEO says food and beverage giants are ready to pay more for low-emissions fertiliser, as the firm prepares to take final investment decision (FID) on its first green hydrogen-based fertiliser project in Paraguay. Olivier Mussat told H2 View that multinationals like PepsiCo and Nestlé are looking to shift from buying carbon credits to cutting actual emissions inside their supply chains. And fertilisers, a major contributor to food system emissions, are an early target. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

Located on land adjacent to the unused Scatsta Airport, Statkraft’s Shetland Hydrogen Project 2 will use electrolysis to produce green hydrogen and convert it into green ammonia at the facility. Statkraft is developing three wind farms on the Shetland Islands, with excess power that would otherwise be wasted, set to produce green hydrogen – storing surplus wind energy for later use or conversion into green ammonia. The acquired land is also located close to two major energy facilities on the Shetland Islands in Scotland – the Sullom Voe Oil Terminal, one of the largest oil terminals in Europe connected to [...]

The US major announced that Megan Britt has been appointed Vice-President, Investor Relations, effective 11 August to replace Eric Guter, who is leaving Air Products to “pursue other opportunities.” Guter, who previously headed Air Products’ hydrogen mobility team, has been at the company since 1995. He was appointed to the investor relations position under former CEO Seifi Ghasemi. Britt, who has previously worked at Archer-Daniels Midland, Tyson Foods, Corteva Agriscience, and DuPont, will report to Air Products’ CFO Melissa Schaeffer. “We are committed to creating shareholder value every day as we focus on our core capabilities, capital discipline and productivity,” [...]

The Danish investor has agreed to invest €15m ($17.3m) up until the initiative reaches a final investment decision (FID). If the project is feasible and sustainable, both partners plan to fully fund the several hundred million euro build. H2Apex aims to complete the first phase by 2028, producing up to 10,000 tonnes of hydrogen annually, with potential to scale to 600MW. The Rostock-based developer said hydrogen offtake for the 100MW phase is secured through a preliminary agreement. The site already has a 50Hertz grid connection, water supply, and future access to the planned hydrogen transmission network. H2Apex acquired the Lubmin [...]

The proposed infrastructure is expected to deliver hydrogen to heavy industries operating in Deeside and Wrexham, which together use more than half of the area’s energy. Part of the East West Industrial Decarbonisation (NEWID) cluster, the pipeline will build on previous work, which was funded by the UK government’s Department for Energy Security and Net Zero (DESNZ) earlier this year. H2 View understands the network project will also support the wider HyNet cluster in north west England – a flagship UK CCUS initiative targeting annual CO₂ reductions of over one million tonnes through carbon capture and hydrogen deployment. “With over [...]

Despite billions in EU funding, Europe’s green hydrogen sector has stumbled: projects cancelled, companies bankrupt, and demand lagging behind supply. Those at the coalface blame high production costs and a subsequent lack of demand for green hydrogen. And now some are suggesting EU policymakers should look to support prospective users rather than producers. This is a paid article, to read the article in full you can sign in if you are subscribed or subscribe today.

The initial phase of the supply agreement will target German installations with short delivery routes from Ineratec’s e-fuel pilot plant in Frankfurt. Data centres require consistent power, and traditionally rely on diesel-powered back-up systems in the event of grid outages, including Rolls-Royce’s mtu emergency generators. With data centre consumption growing, due to increased AI use, the two companies say using e-fuels would offer a “reliable, cost-efficient, CO2-neutral” solution to increasing grid resilience concerns. “The secure energy supply for AI-powered data centres is one of the defining challenges of our time,” said Maximilian Backhause, Chief Commercial Officer at Ineratec. “Our e-fuels [...]

Norwegian-based Vergia and Four Zeros Energy said they would work on developing and financing green hydrogen and derivatives projects across the UK, starting in the Southwest. The venture’s first project will be the St Austell Green Hydrogen Project in Cornwall, which plans to install a 20MW electrolyser to produce around 2,000 tonnes of green hydrogen per year, replacing natural gas used in local mining and mineral extraction. The project was shortlisted in April for subsidies under the UK Government’s second Hydrogen Allocation Round (HAR 2), which supports up to 875MW of new electrolysis capacity as part of its broader 10GW [...]