Connection

popular articles

Asian refining margins plunge in face of supply glut
South Africa: Mainstream Renewable Power finalizes a 50 MW solar project in Ilikwa
French Court Dismisses Lawsuit Against TotalEnergies Over Climate Crisis
Natural gas: The top ten countries with the largest reserves
TotalEnergies Faces Historic Decline in European Refining Margins

HydrogenPro ASA Unveils Exceptional Third Quarter Performance

HydrogenPro ASA today announced impressive third-quarter financial results, marked by exceptional sales growth and significant milestones achieved.
centrale de 100 MW

Please share:

During this exceptional quarter, HydrogenPro ASA’s sales rose spectacularly, exceeding those of the previous year’s third quarter by more than a factor of ten.

Order confirmation with Andritz

One of the highlights of the quarter was the confirmation of an order for a 100 MW power plant in partnership with Andritz, an Austrian industrial giant. This order testifies to the success of the strategic partnership between HydrogenPro and Andritz.

Important milestones reached

In its financial report, HydrogenPro revealed several important milestones achieved over the past three months. In addition to the order with Andritz, the company is making progress on the delivery of 220 MW of high-pressure alkaline electrolyzers suitable for renewable energy input, with a contract estimated at over US$50 million in partnership with Mitsubishi Power.

Promising Projects

HydrogenPro is also the exclusive supplier of more than 800 MW of electrolysers for the DG Fuels sustainable aviation fuel plant in Louisiana, with an expected contract value in excess of 500 million US dollars. The company recently announced a strategic partnership with Airbus.

New CEO for HydrogenPro INC

Finally, HydrogenPro INC, the company’s US subsidiary, has appointed Jeff Spethmann as CEO, strengthening its strategic presence in the United States. The Biden/Harris administration continues to support the development of sustainable hydrogen value chains, with $7 billion in funding for seven regional clean hydrogen hubs.
All in all, HydrogenPro ASA had an exceptional quarter, marked by significant sales growth and the achievement of several major milestones. The partnership with Andritz, ongoing projects with Mitsubishi Power and DG Fuels, and political support in the USA, position the company for continued growth and positive margins. CEO Jarle Dragvik expresses confidence in the company’s future and looks forward to the opportunities ahead.

Register free of charge for uninterrupted access.

Publicite

Latest news

Hydro-Québec launches a 10 G$ energy efficiency plan by 2035
The UK and Eni finalize financing for CO2 storage project in the Irish Sea
Washington criticises anti-fossil policies at IEA summit
Countries accused of overstating carbon sinks to slow energy transition
Saudi Arabia reduces crude consumption for power generation by 2030

Recently published in

Tyczka Hydrogen becomes first operator certified under EU RFNBO scheme

Tyczka Hydrogen received the first certification under the EU's RFNBO scheme on 15 April, marking a strategic milestone for renewable hydrogen logistics across Europe.
Lhyfe secures €149 mn in subsidies for hydrogen site in Le Havre by 2029
French group Lhyfe confirmed on April 17 a €149 mn public subsidy for its Green Horizon project, targeting daily output of 34 tonnes of green hydrogen near the industrial port of Le Havre by 2029.
en_1140290947540-12
Lhyfe secures €149 mn in subsidies for hydrogen site in Le Havre by 2029
French group Lhyfe confirmed on April 17 a €149 mn public subsidy for its Green Horizon project, targeting daily output of 34 tonnes of green hydrogen near the industrial port of Le Havre by 2029.
en_1140290947540-12
France grants €100 mn to Gen-Hy for upcoming electrolyser plant
Gen-Hy secures €99.84 mn in public funding to build an electrolyser plant in Allenjoie, with 250 jobs projected and operations set to begin in 2026.
en_1140290956540-10
France grants €100 mn to Gen-Hy for upcoming electrolyser plant
Gen-Hy secures €99.84 mn in public funding to build an electrolyser plant in Allenjoie, with 250 jobs projected and operations set to begin in 2026.
en_1140290956540-10
Mantle8 records soil gas levels at Comminges, validating its hydrogen exploration technology
Mantle8 has reported exceptional soil gas readings at Comminges, in the Pyrenees, confirming the effectiveness of its proprietary predictive exploration technology for natural hydrogen.
en_1140290943540-12
Mantle8 records soil gas levels at Comminges, validating its hydrogen exploration technology
Mantle8 has reported exceptional soil gas readings at Comminges, in the Pyrenees, confirming the effectiveness of its proprietary predictive exploration technology for natural hydrogen.
en_1140290943540-12

Olin and Plug Power commission hydrogen liquefaction plant in Louisiana

The Hidrogenii joint venture, formed by Olin and Plug Power, has launched a 15 TPD hydrogen liquefaction plant in St. Gabriel, Louisiana, strengthening the regional hydrogen supply and the U.S. energy transition.
Low-carbon hydrogen: France acknowledges delay and lowers its 2035 targets
Paris scales back its hydrogen roadmap, reducing the target to 4.5 GW by 2030 and 8 GW by 2035 amid weak demand and technological delays.
en_1140290947540-10
Low-carbon hydrogen: France acknowledges delay and lowers its 2035 targets
Paris scales back its hydrogen roadmap, reducing the target to 4.5 GW by 2030 and 8 GW by 2035 amid weak demand and technological delays.
en_1140290947540-10
Shell and CB&I unveil prototype liquid hydrogen tank for international trade
CB&I, Shell and their partners have completed the design of a large-capacity liquid hydrogen tank at NASA’s space centre, aiming to cut commercial-scale storage costs for global trade.
en_1140290956540-8
Shell and CB&I unveil prototype liquid hydrogen tank for international trade
CB&I, Shell and their partners have completed the design of a large-capacity liquid hydrogen tank at NASA’s space centre, aiming to cut commercial-scale storage costs for global trade.
en_1140290956540-8
EVREC’s hydrogen project in Newfoundland begins environmental assessment process
Authorities in Newfoundland have released the guidelines for EVREC’s green hydrogen project impact study, marking a key regulatory step in the industrial development of this energy hub.
en_1140290964540-3
EVREC’s hydrogen project in Newfoundland begins environmental assessment process
Authorities in Newfoundland have released the guidelines for EVREC’s green hydrogen project impact study, marking a key regulatory step in the industrial development of this energy hub.
en_1140290964540-3

Hyundai and Pertamina to launch waste-to-hydrogen ecosystem in Indonesia by 2027

Hyundai Motor Group, in partnership with Pertamina and Indonesian authorities, announces the construction of a waste-based hydrogen production site in West Java, set to be operational by 2027.
Cyient secures strategic contract for hydrogen project in Norway with GreenH and Luxcara
Indian group Cyient will lead the engineering work at the Bodø hydrogen site in Norway, under a partnership with GreenH and Luxcara to supply maritime transport.
en_1140290957540-6
Cyient secures strategic contract for hydrogen project in Norway with GreenH and Luxcara
Indian group Cyient will lead the engineering work at the Bodø hydrogen site in Norway, under a partnership with GreenH and Luxcara to supply maritime transport.
en_1140290957540-6
France postpones hydrogen strategy announcement to Wednesday as industry awaits clarity
The French government has delayed by 24 hours the presentation of its new hydrogen strategy, now scheduled for Wednesday, amid expectations from industry facing weak demand and high production costs.
en_1140290945540-9
France postpones hydrogen strategy announcement to Wednesday as industry awaits clarity
The French government has delayed by 24 hours the presentation of its new hydrogen strategy, now scheduled for Wednesday, amid expectations from industry facing weak demand and high production costs.
en_1140290945540-9
McPhy Energy initiates conciliation proceedings to secure industrial continuity
Facing cash flow difficulties, McPhy Energy launches a judicial conciliation and issues a call for bids for a potential asset sale before the end of June.
en_1140290947540-7
McPhy Energy initiates conciliation proceedings to secure industrial continuity
Facing cash flow difficulties, McPhy Energy launches a judicial conciliation and issues a call for bids for a potential asset sale before the end of June.
en_1140290947540-7

The global green hydrogen market to reach $19.2bn by 2032

The green hydrogen industry is expected to grow at an average annual rate of 45.6% through 2032, driven by industrial demand, hydrogen mobility, and public decarbonisation policies.
The French government to unveil revised hydrogen strategy on 15 April
Prime Minister François Bayrou has announced the imminent release of the revised hydrogen strategy, awaited for months by industry players facing insufficient demand.
en_1140290957540-4
The French government to unveil revised hydrogen strategy on 15 April
Prime Minister François Bayrou has announced the imminent release of the revised hydrogen strategy, awaited for months by industry players facing insufficient demand.
en_1140290957540-4
ORLEN launches market study on renewable ammonia to secure supply
Polish energy group ORLEN has initiated a market study on low-carbon ammonia for use in fertiliser production and synthetic fuel, as part of its long-term industrial plans.
en_1140290970540-2
ORLEN launches market study on renewable ammonia to secure supply
Polish energy group ORLEN has initiated a market study on low-carbon ammonia for use in fertiliser production and synthetic fuel, as part of its long-term industrial plans.
en_1140290970540-2
Lhyfe secures UK backing for two green hydrogen projects
Lhyfe has been shortlisted for two green hydrogen production projects in the UK under the HAR2 scheme, paving the way for 15-year public contractual support.
en_1140290987540
Lhyfe secures UK backing for two green hydrogen projects
Lhyfe has been shortlisted for two green hydrogen production projects in the UK under the HAR2 scheme, paving the way for 15-year public contractual support.
en_1140290987540

Technip Energies secures key contract for Blue Point Number One ATR plant

Technip Energies will lead the delivery of the Blue Point Number One ATR project, set to become the world’s largest low-carbon ammonia production unit, in the United States for a joint venture between CF Industries, JERA, and Mitsui & Co.
PureWave Hydrogen strengthens position in Kansas Mid-Continent Rift
PureWave Hydrogen strengthens its foothold in the Mid-Continent Rift in Kansas, where recent discoveries of hydrogen-rich natural gases are attracting industry interest to this still under-explored geological zone.
en_1140290952540-5
PureWave Hydrogen strengthens position in Kansas Mid-Continent Rift
PureWave Hydrogen strengthens its foothold in the Mid-Continent Rift in Kansas, where recent discoveries of hydrogen-rich natural gases are attracting industry interest to this still under-explored geological zone.
en_1140290952540-5
France reviews its hydrogen strategy to align the regulatory framework with market needs
Faced with structural challenges in the hydrogen sector, the French government is expected to announce a new roadmap on Thursday aimed at readjusting its regulatory framework and unlocking the necessary support for the industry.
en_1140290959540-4
France reviews its hydrogen strategy to align the regulatory framework with market needs
Faced with structural challenges in the hydrogen sector, the French government is expected to announce a new roadmap on Thursday aimed at readjusting its regulatory framework and unlocking the necessary support for the industry.
en_1140290959540-4
Hyroad Energy launches zero-loss liquid hydrogen refuelling station in the United States
Hyroad Energy announced a partnership with Bosch Rexroth and GenH2 to build the first zero-loss liquid hydrogen refuelling station in Dallas, marking progress in hydrogen infrastructure beyond California.
en_1140290966540
Hyroad Energy launches zero-loss liquid hydrogen refuelling station in the United States
Hyroad Energy announced a partnership with Bosch Rexroth and GenH2 to build the first zero-loss liquid hydrogen refuelling station in Dallas, marking progress in hydrogen infrastructure beyond California.
en_1140290966540

United Kingdom selects 27 hydrogen projects under energy transition programme

The UK government has selected 27 hydrogen projects under its second HAR2 funding round to revive industry and support over £1 billion in private investment by 2029.
France: Qair launches its first renewable hydrogen station in Béziers by end of 2025
Qair has announced the opening of a hydrogen station in Béziers before the end of 2025, marking the first phase of a regional ecosystem supported by the Regional Energy and Climate Agency and dedicated to heavy mobility in southern France.
en_1140290948540-3
France: Qair launches its first renewable hydrogen station in Béziers by end of 2025
Qair has announced the opening of a hydrogen station in Béziers before the end of 2025, marking the first phase of a regional ecosystem supported by the Regional Energy and Climate Agency and dedicated to heavy mobility in southern France.
en_1140290948540-3
Global white hydrogen reserves spark a new race for exploration
From France to Mali and Albania, recent discoveries of substantial white hydrogen reserves are fueling global competition for commercial exploitation of this still-underestimated resource.
en_1140290951540
Global white hydrogen reserves spark a new race for exploration
From France to Mali and Albania, recent discoveries of substantial white hydrogen reserves are fueling global competition for commercial exploitation of this still-underestimated resource.
en_1140290951540
KHIMOD and Hydroalp to deploy innovative methanation unit in Italy by 2026
KHIMOD and Hydroalp join forces with SGI to install an e-methane production unit in Italy, using agricultural CO₂ and green hydrogen, with commissioning planned for Q1 2026.
en_1140290951540-22
KHIMOD and Hydroalp to deploy innovative methanation unit in Italy by 2026
KHIMOD and Hydroalp join forces with SGI to install an e-methane production unit in Italy, using agricultural CO₂ and green hydrogen, with commissioning planned for Q1 2026.
en_1140290951540-22

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS