The acquisition includes the project company, environmental permits and lease agreement, as well as “external financing”, with HYDS aiming to produce the first molecules in 2029. Statkraft began developing the project after inking a deal with the Port of Gothenburg in 2021 to explore setting up production in the port area. The facility is planned [...]

The call for interest survey looks to strengthen the pipeline’s business case with letters of intent from regional players, while gaining technical and commercial intelligence from potential collaborators and offtakers. While input at this stage remains non-binding, the six bodies in the joint-led development hope to further discussions with respondents. NBHC aims to connect hydrogen [...]

Speaking in a finance decarbonisation panel at Davos, he said, “Hong Kong is small, we may not be able to accommodate it, but we can co-invest across the border in China … to ensure the project is viable.” Mo-po’s look overseas reflects Hong Kong’s limited land, feedstock, and renewable energy availability, as well as the [...]

The High Coast to West Coast (HiWhyV) valley plans to link potential hydrogen users in Västernorrland (the High Coast Hub) with the renewable abundant West Coast of Sweden (the West Coast Hub), where plans are progressing for green hydrogen production. The link could produce up to 132,000 tonnes of green hydrogen per year across nine [...]

Mario Draghi’s report on the future of European competitiveness laid out clear recommendations on how Europe can boost its economic growth. But speaking at Davos, Merz said only around 10% of its proposals have been put in place. “We have to do much more than that,” he said. “The entire energy system has to be [...]

The non-cash write-down relates to its 33% share in the 726MW Wilhelmshaven power plant and will drag the firm’s reported 2025 EBIT to CHF 540–560m ($680.3–705.5m), from a previously guided CHF 650–750m ($818.9–944.8m). Instead, it will look to reallocate capital to acquire up to 40% of a hydrogen-capable gas-fired power plant under development in Hamm. [...]

Japan-headquartered Honda’s decision to end hydrogen fuel cell production with US conglomerate General Motors (GM) brings an unceremonious end to one of the automotive sector’s most high-profile hydrogen collaborations. Launched in 2017, the Fuel Cell System Manufacturing (FCSM) joint venture was intended to prove that scale, shared intellectual property and combined purchasing power could push [...]

The clean fuels panel at Davos 2026 today heard hard-hitting comments from CEOs and economists as affordability was repeatedly stressed as the key issue affecting scale up and mass-market acceptance. Elaine Buckberg, former Chief Economist at General Motors, set the scene, outlining how renewable diesel “is incredibly expensive” and urged the industry to focus on [...]

Through its new H2Site Norway arm the Bilbao-based firm will supply onboard systems that crack ammonia into hydrogen for use in fuel cells or blending in engines. The move is aimed at accelerating demonstration projects with Norwegian shipowners, shipyards, and offshore operators, amid growing government support for maritime decarbonisation. H2Site has been building and operating [...]

The funding from Horizon Europe aims to back projects that could bring innovations closer to market, covering hydrogen production and storage through to fuel cells. €25m ($29.3m) is reserved for Hydrogen Valleys – the EU’s cluster initiative, designed to ramp up regional hydrogen value chains. This leaves €80m ($93.7m) available for various elements of hydrogen [...]