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.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

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.

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.
Plug Power has announced the appointment of Jose Luis Crespo as President effective October 10, before assuming the role of Chief Executive Officer once the company publishes its annual report, expected in March 2026.
Plug Power finalised a deal with an institutional investor to raise $370mn through the immediate exercise of warrants, with the possibility of securing an additional $1.4bn if new warrants are exercised.
Air Liquide announces a $50mn investment to strengthen its hydrogen network on the US Gulf Coast, following long-term contracts signed with two major American refiners.
Global demand for industrial gases will grow on the back of hydrogen expansion, carbon capture technologies, and advanced use in healthcare, electronics, and low-carbon fuel manufacturing.
Green ammonia reaches a new industrial milestone with 428 active projects and over $11bn in investments, highlighting accelerated sector growth across Asia, the Middle East, Europe and the Americas.
Nel Hydrogen US will supply a containerised electrolyser to H2 Energy for a hydrogen production facility commissioned by the Association for Waste Disposal in Buchs, Switzerland.
UK-based manufacturer ITM Power has signed an engineering contract for a green hydrogen project shortlisted under the country's second Hydrogen Allocation Round.
Agfa strengthens its industrial position with the launch of a ZIRFON membrane production site for electrolyzers, backed by a €11mn European subsidy.
Qair obtains structured bank financing of €55mn for its Hyd’Occ ecosystem, integrating renewable hydrogen production and distribution in Occitanie, with commissioning scheduled before the end of 2025.
Swedish firm Metacon has secured a EUR7.1mn ($7.7mn) contract to deliver a 7.5 MW electrolysis plant to Elektra Power SRL, marking its operational entry into the Romanian market.
The Clean Hydrogen Partnership has closed its first call for Project Development Assistance (PDA), totaling 36 applications from 18 countries. Results are expected in October, with support starting in November.
Kandla port plans a 150,000-ton-per-year integrated renewable methanol unit, targeting the growing fleet of compliant vessels on the Singapore-Rotterdam maritime route.
OMV is investing several hundred million euros in a 140 MW electrolysis unit in Austria, set to produce 23,000 tonnes of green hydrogen annually to supply its Schwechat refinery.
Jolt Green Chemical Industries appoints Dyar Al-Safwah to engineer a high-performance electrode facility at King Salman Energy Park, backed by the Ministry of Energy.
With the certification of three new sites, Lhyfe takes the lead in the European RFNBO hydrogen market, reaching 21 MW of installed capacity across France and Germany.
VINSSEN becomes a central player in designing the world’s first commercial transport vessel fully powered by a fuel cell using ammonia as a hydrogen carrier.
The global hydrogen production market is expected to more than double by 2035, supported by technological advances and growing demand from transport, heavy industry and decarbonised energy systems.
Accelera will supply a 5MW electrolysis system at the Port of Schweinfurt, aiming to produce 2.2 tonnes of green hydrogen daily for industrial and logistics applications in central Germany.
The Sauda municipal council has approved the zoning plan for the Iverson project, paving the way for a 270 MW electrolysis facility powered by hydropower to produce renewable ammonia.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.