Hydrogen investments progress worldwide

Canada, Italy, Australia and the UK announce substantial funding for hydrogen projects, illustrating a shared commitment to a global energy transition.

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Recent announcements of funding for hydrogen projects demonstrate the growing willingness of nations to diversify their energy sources and reduce their carbon footprint.
Canada, Italy, Australia and the UK are at the forefront of this transition.

Canada-Germany partnership

Canada recently declared its intention to invest up to 300 million Canadian dollars to support hydrogen trade with Germany.
This funding, scheduled to be allocated through competitive auctions by the end of the year, is part of the Canada-Germany Hydrogen Alliance.
The aim is to facilitate Canadian companies’ access to German markets for their energy products, while ensuring that Germany benefits from competitively priced energy sources.
This collaboration illustrates the importance of international cooperation in the development of next-generation energy technologies.
It also highlights Canada’s strategy to become a key player in the global hydrogen market.

Italian commitment

At the same time, Italy has activated a 994 million euro fund to support the Important Project of Common European Interest (IPCEI) Hy2Infra project.
This decision follows the European Commission’s authorization to propose state aid from seven European countries for a total of 6.9 billion euros.
The Italian fund aims to strengthen the infrastructure required for the hydrogen boom in Europe, by supporting local companies in the implementation of innovative projects.
The Italian initiative is crucial to the development of a European hydrogen network.
It aims to create a solid base for the expansion of this technology and ensure Europe’s competitiveness in the global energy market.

Research and Development in Australia

Researchers in Australia are focusing on the best methods for exporting hydrogen to Japan by 2030.
Their techno-economic analysis, taking into account the efficiency of PEM electrolyzers and overload capacity, indicates that liquid ammonia (LNH3) and methyl cyclohexane (MCH) are the most cost-effective carriers.
This research is key to understanding how to reduce costs and increase production capacity to make hydrogen more affordable.
The results of this study offer valuable perspectives for hydrogen export, not only for Australia but also for other nations considering similar strategies.

Initiatives in the UK

The UK is no exception, with its Verdant project.
Green Marine UK has obtained approval in principle to retrofit crew transfer vessels with hydrogen, fuel cells and batteries.
The initial phase of the project, which includes a feasibility and preliminary design study, has been deemed viable, paving the way for sea trials and further development phases.
This project reflects the UK’s commitment to exploring innovative and sustainable energy solutions, particularly in the marine sector.

Global Outlook

These funding announcements illustrate the strong international momentum in favor of hydrogen.
They show how different countries, by investing in infrastructure and advanced technologies, are collectively contributing to the global energy transition.
Collaboration between nations, supported by public and private investment, is essential to accelerate the development of sustainable energy solutions.
The efforts of Canada, Italy, Australia and the UK show that hydrogen is becoming a key component of global energy strategy.
By working together and investing heavily, these countries are paving the way for a cleaner, more sustainable future.

U.S.-based Utility will build a hydrogen production and certification facility in Seongnam, using biogas, marking a strategic step for the expansion of its H2Gen® technology in the South Korean market.
HTEC has inaugurated a clean hydrogen production facility in Burnaby, British Columbia, marking the launch of the province’s first commercial-scale electrolyzer, with a combined production capacity of 1.8 tonnes of clean hydrogen per day.
Buscando Resources officially becomes Element One Hydrogen and Critical Minerals Corp. and completes a C$1.03mn fundraising through a three-tranche private placement.
The partnership includes local manufacturing in Poland of electrolysis systems using Elogen’s technology, with deliveries targeting the Europe, Middle East and Africa markets.
Vema Hydrogen has been named a qualified supplier by the First Public Hydrogen Authority to deliver clean hydrogen at industrial scale to California’s public and private infrastructure.
Le groupe français HRS a signé une commande pour la livraison d'une station hydrogène haute capacité, renforçant sa présence dans un réseau en expansion à l’échelle européenne.
With a $14mn investment, Enap progresses on the construction of its first green hydrogen plant, expected to be operational in early 2026 in the Magallanes region of southern Chile.
Plug completed the first delivery of 44.5 tonnes of hydrogen for the H2CAST project in Germany and secured a new contract for an additional 35 tonnes, confirming its logistical capabilities in the European market.
Gushine Electronics has opened a lithium battery plant in Vietnam, with an estimated annual production value of $100 mn, marking a new phase in the international deployment of its industrial capacities.
Indonesian nickel producer Anugrah Neo Energy Materials plans a $300mn IPO in December to finance its growing battery materials operations.
Sultan Qaboos University announces a breakthrough in water electrolysis using new rare-metal catalysts, improving production efficiency by more than 30%.
Standard Lithium a sécurisé $130mn via une émission d’actions ordinaires pour financer ses projets d’extraction de lithium en Arkansas et au Texas, consolidant sa position sur le marché nord-américain des métaux stratégiques.
Asset manager Quinbrook expands its North American portfolio with a first Canadian investment by acquiring a strategic stake in developer Elemental Clean Fuels.
Lhyfe commissions a 10 MW site in Schwäbisch Gmünd, its first in Germany, to supply RFNBO-certified green hydrogen to industrial and heavy mobility clients.
Brookfield will invest up to $5 billion in Bloom Energy's fuel cells to power future artificial intelligence factories, initiating the first phase of a dedicated global digital infrastructure strategy.
Metacon acquired components from the bankruptcy estate of Hynion Sverige AB for SEK3.5mn ($320,000), aiming to support its hydrogen refuelling station projects in Sweden.
The United Kingdom has carried out its first real-life trial of green hydrogen blending into the national gas transmission network, with power generation as a result.
Swedish company Liquid Wind has secured €3.6mn in public funding for the engineering phase of its eMethanol plant, integrated into a biomass-fuelled cogeneration site.
The Japanese industrial group will replace a 73.5 MW coke and gas-fired turbine with a 30 to 40 MW hydrogen-ready unit, scheduled to start operations in 2030 with ¥7.1bn ($47mn) in public support.
A two-year project aims to identify areas in Texas suitable for natural hydrogen exploitation, despite challenges related to infrastructure, public policy and economic viability.

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