In 2024, 91% of new renewable energy projects worldwide delivered power at a lower cost than any new fossil fuel alternative, according to the latest data from the International Renewable Energy Agency (IRENA).
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Andhra Pradesh has launched the Green Hydrogen Valley–Amaravati Declaration, setting forth 2030 as the target year to become a global hub for green hydrogen production.
French firm Lhyfe has raised €2.5 million through a public crowdfunding campaign—surpassing sector norms and introducing a novel funding approach to Europe’s decarbonization landscape.
Battolyser Systems and VDL Hydrogen Systems have joined forces to develop and commercialize what they claim will be the first fully flexible industrial electrolyzer.
Italian gas technology firm ErreDue has finalized a €3.2 million contract with Dutch company Groengas Asset BV for the supply of three hydrogen production plants totaling 2.5 MW.
With €303.75 million in federal funding secured for the first 400MW phase of Moeve’s planned 2GW Andalusian Hydrogen Valley, Spain’s southernmost autonomous community is moving to head off a familiar problem: the shortage of skilled labour to support the deployment of large-scale hydrogen infrastructure.
YamnaCo Limited has entered the frame with a proposed one million tonnes per annum (TPA) green ammonia project in Andhra Pradesh.
In a bid to scale up green hydrogen production, the Dutch government has allocated €700 million in subsidies to 11 projects totalling 602MW of electrolyser capacity—three times the size of any facility currently under construction in the Netherlands.
Saudi Arabia’s ACWA Power has inked a series of agreements aimed at transforming the Kingdom into a central node for renewable energy and green hydrogen exports to Europe.
India’s green hydrogen ambitions took a decisive turn with Larsen & Toubro’s (L&T) subsidiary, L&T Energy GreenTech (LTEG), securing the country’s largest industrial green hydrogen contract to date—a 10,000-tonne-per-year supply agreement with Indian Oil Corporation (IOC) at its Panipat refinery.
