Hint.co GmbH has issued three tenders under its Second H2Global Auction Round, each targeting specific regions: North America, Asia, and a broader international scope.
Published on February 20, 2025, these tenders aim to accelerate the renewable hydrogen market by securing long-term supply contracts for hydrogen and its derivatives, such as renewable ammonia and methanol. The submission deadline for the Asian Lot (ASL) and the broader renewable hydrogen tender is May 15, 2025, while the deadline for the North American Lot (NAL) remains unspecified.
North American Lot (NAL)
The Second H2Global Auction Round – North American Lot (NAL) focuses on the acquisition of renewable hydrogen and its derivatives produced in North America. The tender requires bidders to demonstrate their capability to produce hydrogen using renewable energy sources, ensuring compliance with EU sustainability requirements under Directive 2023/2413. The selected supplier will enter into a long-term Hydrogen Purchase Agreement (HPA) for up to ten years.
The auction process emphasizes transparency and competitiveness, evaluating bids based on price and delivery capability. This initiative is part of the H2Global mechanism, supported by the German Federal Ministry for Economic Affairs and Climate Protection, to foster market growth for renewable hydrogen and promote ecological sustainability.
Asian Lot (ASL)
The Second H2Global Auction Round – Asian Lot (ASL) similarly targets renewable hydrogen and its derivatives, with a focus on production in Asia. Like the NAL tender, it requires adherence to EU sustainability standards and renewable energy sourcing. The submission deadline for this tender is also May 15, 2025.
In addition to the regional lots, Hint.co GmbH has issued a general tender for renewable hydrogen and its derivatives, open to international participants. This tender aligns with the broader objectives of the H2Global initiative, aiming to secure long-term supply contracts and reduce carbon emissions through the adoption of renewable hydrogen.
The Second H2Global Auction Round represents a significant step in advancing the renewable hydrogen market. By securing long-term supply contracts and ensuring compliance with EU sustainability standards, these tenders aim to create a stable and competitive market for renewable hydrogen.
Stay updated on the latest in energy! Follow us on LinkedIn, Facebook, and X for real-time news and insights. Don’t miss out on exclusive interviews and webinars—subscribe to our YouTube channel today! Join our community and be part of the conversation shaping the future of energy.
