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Toyota, the Japanese automotive giant, has recognized that its ambitious foray into the passenger car hydrogen market, represented by the Toyota Mirai, did not achieve the expected success. However, the brand is not abandoning the hydrogen technology but is rather shifting its strategic focus.

INPEX Corporation, has taken a significant step toward advancing its involvement in the emerging hydrogen energy sector. INPEX recently finalized an agreement to acquire shares in Japan Suiso Energy (JSE), a joint venture formed by two prominent entities in the industry: Kawasaki Heavy Industries and Iwatani Corporation.

Toyota and Hyundai have joined forces alongside energy companies Ampol and Pacific Energy to develop hydrogen refueling infrastructure. This collaboration aims to address the critical challenge of establishing a robust hydrogen ecosystem in the country.

Spanish energy major Repsol has announced the freezing of its investment plans for a significant hydrogen plant located in the Basque Country, northern Spain.

ABB, a global technology leader, announces its participation in the groundbreaking HyPilot project.

Multimodal Logistics Corridor (MLC) is engaging in discussions with three global energy companies to establish a cutting-edge hydrogen production facility at the upcoming $1.6 billion La Paloma Hub in Uruguay.

ACWA Power has signed a series of groundbreaking agreements worth a staggering $746 million. These transformative agreements, forged during the Future Investment Initiative (FII7) in Riyadh, are set to catalyze clean energy and sustainability initiatives across multiple regions.

Japanese conglomerate Mitsui & Co. has partnered with the Fukui prefectural government and Hokuriku Electric Power Company to conduct a groundbreaking feasibility study.

Centrica PLC subsidiary Bord Gáis Energy has taken a monumental step by joining a transformative project aimed at repurposing the Celtic Sea’s Kinsale Head gas field for the storage of green hydrogen.

The quest for sustainable energy solutions has led Germany to engage in discussions with Algeria, setting the stage for a potentially significant partnership in the world of green hydrogen. According to a press release from the German Ministry of the Economy, both nations are exploring the possibility of Algeria becoming a major supplier of green hydrogen to Europe’s largest economy.