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Author: Anela Dokso
Hyundai Motor’s all-new NEXO hydrogen fuel cell electric vehicle (FCEV), launched on June 10 with a maximum range of 720 km and prices starting at 76.44 million won, arrives at a time when South Korea’s hydrogen vehicle ecosystem is struggling to match infrastructure with ambitions.
At the end of this month, a long-dormant 105 billion won liquid hydrogen facility in Changwon is expected to start operations under new ownership.
Estonia-based Stargate Hydrogen has taken a contrarian path—quietly building a modular, market-driven manufacturing base that now places it among Europe’s most agile electrolyzer producers.
First Hydrogen Corp. is positioning itself at the convergence of two major transformation vectors: clean hydrogen and small modular nuclear reactors (SMRs). The company has announced a research collaboration with Professor Muhammad Taha Manzoor of the University of Alberta, targeting the design optimization and fuel material development for SMRs—an increasingly strategic energy source amid ballooning power demand from AI data centers.
DEE Development Engineers Ltd (DDEL) has partnered with International Clean-Tech Partner on the installation of modular hydrogen production systems in India and Thailand, signaling DDEL’s entry into the green hydrogen market.
In a sobering development for the green hydrogen and ammonia sectors, CWP Global has announced a pause on its large-scale initiative in Mauritania, shedding light on significant market hurdles.
In recent analysis from BloombergNEF, the anticipated slowdown in the electrolyzer market underscores the critical challenges the hydrogen sector is facing.
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (Miteco) has earmarked €524 million for the establishment of five strategically located green hydrogen production projects.
Thor Energy’s strategic expansion in the natural hydrogen sector marks a significant development at the HyRange Project in South Australia, with the company enlarging its tenement holding by 303 square kilometres.
Global Hydrogen Market Gathers Momentum Amid Major Project Advancements Across India, Europe, and Southeast Asia
With projects in India, Europe, and Southeast Asia moving into advanced planning or early deployment phases, hydrogen’s transition from a policy aspiration to a commercial reality is gaining traction—though challenges remain, particularly around scale, capital expenditure, and offtake certainty.
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