Hy2gen announces support for renewable hydrogen project from European Hydrogen Bank – Chemical Engineering

Hy2gen announces support for renewable hydrogen project from European Hydrogen Bank – Chemical Engineering

June 25, 2026 | By Scott Jenkins Hy2gen Nordic AS, a subsidiary of the global renewable hydrogen producer Hy2gen AG (Weisbaden, Germany; www.hy2gen.com), announced yesterday that its Albatros renewable hydrogen project has been selected for support under the European Hydrogen Bank (EHB), an E.U. financing instrument for the hydrogen value chain. The support...

Plug Power (PLUG) Lands A 5 MW Denmark Electrolyzer Milestone In Green Hydrogen

Plug Power (PLUG) Lands A 5 MW Denmark Electrolyzer Milestone In Green Hydrogen

Plug Power has completed installation, commissioning, and handover of a 5 MW GenEco PEM electrolyzer in Esbjerg, Denmark. The unit is now operating at European Energy's Måde Power-to-X facility as one of Denmark's early commercial-scale green hydrogen projects. This marks a commercial reference for Plug Power's electrolyzer technology in a European utility-scale setting. For investors tracking Plug...

BEVs over Hydrogen: South Korea considers reallocating subsidies

BEVs over Hydrogen: South Korea considers reallocating subsidies

South Korea’s subsidy budget for battery-electric cars – which this year totals 1.7454 trillion Won (approximately €1 billion euros) – is at risk of being exhausted prematurely. This is partly due to rising fuel prices caused by the conflict in Iran. Significantly more South Koreans are now purchasing BEVs compared to previous years, when the budget was sufficient. The Ministry of Trade,...

H2SITE Secures Strategic Investment to Accelerate Hydrogen Solutions Deployment » World Business Outlook

H2SITE Secures Strategic Investment to Accelerate Hydrogen Solutions Deployment » World Business Outlook

H2SITE, one of the leading industrial companies in hydrogen production and separation solutions, has completed a second closing of its Series B round. The transaction brings in EIC Fund with a private investor who will support the company’s next phase of growth and increases H2SITE’s total funding raised in this round to more than Euro 42 million.These new partners, joining BEV, Suma Capital, Hy24,...

Base Power brings cheap batteries to residents in…

Base Power brings cheap batteries to residents in…

Several layers of policy and regulation made Illinois the right entry point for Base Power in PJM. The state allows retail competition, so Base Power can sell power directly to customers. However, it still has to get permission from a wires utility to hook up the batteries to the distribution grid, and ComEd stood out as a partner....

Aberdeen university spinout creates hydrogen R&D jobs

Aberdeen university spinout creates hydrogen R&D jobs

The company was spun out of Aberdeen University by chief executive Jani Shibuya who believes it can help tackle challenges that have impeded the development of the market for so-called green hydrogen. This involves producing hydrogen from water using electrolysis. Blue hydrogen is produced from natural gas. Read more Sceptics have suggested the costs involved with green hydrogen...

Sasol pivots to a broader Northern Cape green hydrogen development model

Sasol pivots to a broader Northern Cape green hydrogen development model

Sasol pivots to a broader Northern Cape green hydrogen development model Sasol has completed a pre-feasibility study into the Boegoebaai green hydrogen/ammonia export opportunity, confirming its strong technical and economic potential. While Boegoebaai remains a strategically important component of Sasol’s portfolio, the company is evolving its approach to green hydrogen...

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