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Brazil is set to receive a $100 million investment to support the development of a green hydrogen hub. This pioneering initiative, led by the Ministry of Development and Foreign Trade of Brazil, in collaboration with the World Bank, aims to harness the potential of green hydrogen production, signaling a monumental shift towards clean and renewable energy sources.

H2 Green Steel has successfully raised over €1 billion, marking the largest private placement in Europe this year. This substantial funding injection is earmarked for a gigawatt (GW)–scale electrolyzer project in Sweden, propelling the vision of sustainable steel production into reality.

Korea Institute of Machinery and Materials, in collaboration with Hyundai Motor Company and Kia, has unveiled a groundbreaking achievement—the development of a hydrogen internal combustion engine tailored for passenger cars. This innovation marks a crucial leap forward in the pursuit of cleaner transportation solutions.

H2FLY, a Stuttgart-based company specializing in hydrogen-electric powertrain systems for aircraft, has achieved an aviation first: the world’s inaugural piloted flight of an electric aircraft powered by liquid hydrogen.

U.S. Department of Energy (DOE) has announced a substantial $20 million funding initiative aimed at unlocking the potential of geologic hydrogen.

AVAADA Group has partnered with Tata Steel Special Economic Zone Limited (TSSEZL) to establish a cutting-edge green hydrogen and ammonia manufacturing unit in Odisha’s Gopalpur Industrial Park.

The state government has initiated a €45 million funding round, with a significant commitment to advancing green hydrogen projects. The aim? To accelerate the transition to more sustainable energy within Bavaria.

Hydrogen, often dubbed the future fuel, is gaining traction as a clean energy source. Among the various methods of hydrogen production, electrolysis of water using renewable energy has emerged as a promising route.

Dubai-based renewable energy firm, AMEA Power, has unveiled ambitious plans to construct a groundbreaking green hydrogen facility in Mombasa, Kenya.

Fresh funding is set to invigorate Tasmania’s green hydrogen capacity, propelling the state toward achieving commercial-scale green hydrogen production by 2025.