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European Commission has officially inaugurated the inaugural auction under the European Hydrogen Bank.

Enagás, the leading energy infrastructure company, has reported an overwhelming response, with more than 600 projects expressing interest in utilizing the upcoming hydrogen network in the country. The ‘call for interest’ process, initiated by Enagás, attracted participation from over 200 companies, unveiling a diverse range of projects aiming to supply hydrogen domestically and export to international markets.

Vale, the Brazil’s largest individual energy consumer, and Petrobras, the national petroleum company, are forging ahead with plans to lead the transition toward green hydrogen.

Hyundai Motor, a powerhouse in the South Korean automotive industry, has announced a groundbreaking partnership with University College London (UCL).

China Petroleum & Chemical Corporation (Sinopec) has successfully completed the construction of the Sinopec Xinjiang Kuqa Green Hydrogen Pilot Project.

Masdar and Emirates Steel Arkan are spearheading the decarbonization of the UAE’s steel sector with a pioneering green hydrogen project. Expected to be the first-of-its-kind in the Middle East and North African (MENA) region, the project is poised to revolutionize steel production, contributing significantly to global efforts in reducing carbon emissions.

Lhyfe, a global leader in renewable green hydrogen production, has secured a grant of up to €14 million from H2 Pioneros for the development of a green hydrogen plant in Spain.

HH2E AG, a Hamburg-based newcomer, is making waves with its ambitious plan to invest approximately US$2 billion in establishing two cutting-edge green hydrogen facilities.

H2SITE, a Spanish hydrogen transport solutions provider, has made a significant breakthrough in maritime decarbonization by successfully commissioning the world’s first on-board ammonia cracking system. This system generates high-purity hydrogen coupled with a PEM fuel cell, providing clean energy for the ship’s auxiliary consumptions.

Germany has floated the idea of constructing a 400-mile hydrogen pipeline beneath the North Sea, connecting with the UK.