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Danish startup Dynelectro has secured €11 million in funding to advance its innovative solid oxide electrolyser technology.

BASF Environmental Catalyst and Metal Solutions (ECMS) has initiated the construction of its first production facility dedicated to green hydrogen and fuel cell components in Budenheim, Germany.

Phelan Green Energy is gearing up to construct a colossal $2.3 billion green hydrogen plant in La Joya, Peru.

Shell has withdrawn from a planned project in Sweden aimed at producing sustainable aviation fuel using renewable hydrogen.

Spanish energy company Enagás has sold its stake in a U.S. infrastructure asset. The sale is part of Enagás’ strategic plan to pivot towards more sustainable energy sources.

Climate Impact Corporation (CIC) intends to develop two 10GW green hydrogen projects in central Australia.

The UK government has announced a substantial investment of £500 million to bolster the hydrogen energy sector.

These initiatives collectively aim to achieve a generation capacity of over 652 megawatts. The substantial investment, sourced from European post-pandemic recovery funds, is projected to catalyze further investments totaling more than 6 billion euros over the projects’ lifetimes, with an immediate activation of 1.141 billion euros.

Peru’s Minister of Energy and Mines, Rómulo Mucho, revealed that companies are considering investments exceeding $12.5 billion for green hydrogen initiatives.

The recent announcement by Deutsche Regas and Gascade to introduce hydrogen into the German network from the port of Lubmin marks a significant development in Germany’s energy transition.