Statkraft halts new green hydrogen projects citing market uncertainty

Statkraft halts new green hydrogen projects citing market uncertainty

Norwegian renewable energy supplier Statkraft has decided to halt new green hydrogen developments, citing increased uncertainty in the market. Archive; Courtesy of Statkraft While new projects will not be pursued, parts of the existing portfolio will reportedly continue to be matured in preparation for potential investment. As disclosed, several projects have received external funding...

Austria starts up its largest green hydrogen plant | Hydrogen

Austria starts up its largest green hydrogen plant | Hydrogen

State-owned Austrian energy and chemicals business OMV has announced the start-up of its 10MW green hydrogen production plant at the Schwechat refinery near Vienna. It is the largest plant of its kind so far in Austria, but not striking in scale.The €25m plant has capacity to produce up to 1,500 tonnes of green hydrogen per year – about 4 tonnes per day.The 10MW PEM electrolyser is powered...

South Korea announces 2025 hydrogen power generation tenders with new improved terms

South Korea announces 2025 hydrogen power generation tenders with new improved terms

Clarity on clean hydrogenOur mission is to deliver engaging and independent business journalism and insight to executives and leaders in the global clean hydrogen industry. We focus on delivering the news and analysis that matters, fearlessly looking beyond the hydrogen hype to provide a balanced view of the market, giving readers the knowledge they need to make critical business decisions. Source...

How green hydrogen can make a difference

How green hydrogen can make a difference

Prasanta Sarkar, Co-founder and CEO, Newtrace | Photo Credit: Special arrangement The next in the series featuring conversations with entrepreneurs, technologists and researchers about emerging technologies and what students need to know about these fields.What do you do?I am the co-founder and CEO of...

Impact investors back renewable hydrogen producer

Impact investors back renewable hydrogen producer

Hy2gen has raised €47m from existing shareholders in a funding round led by Hy24, through its Clean Hydrogen Infrastructure Fund. Hy2gen’s first operational renewable hydrogen plant ATLANTIS in Werlte, Germany | Hy2gen German renewable hydrogen producer Hy2gen has raised €47m in a funding round led by French low-carbon hydrogen asset manager Hy24, which has invested through the €2bn...

Uniper selects ITM Power for 120MW green hydrogen project in the UK

Uniper selects ITM Power for 120MW green hydrogen project in the UK

German energy group Uniper has selected British company ITM Power to supply equipment for its Humber H2ub® (Green) green hydrogen production project in the United Kingdom. Located at the Killingholme site, the project is planned with an initial capacity of 120MW and has been shortlisted in the UK government’s second Hydrogen Allocation Round (HAR2). POSEIDON module deployment and industrial...

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