As of June 2025, McPhy Energy—the once-prominent French electrolyzer manufacturer—stands on the brink of liquidation, a sobering indicator of the tightening margins, delayed revenue cycles, and capital shortfalls impacting Europe’s hydrogen technology firms.
Hyundai Motor’s all-new NEXO hydrogen fuel cell electric vehicle (FCEV), launched on June 10 with a maximum range of 720 km and prices starting at 76.44 million won, arrives at a time when South Korea’s hydrogen vehicle ecosystem is struggling to match infrastructure with ambitions.
In a sobering development for the green hydrogen and ammonia sectors, CWP Global has announced a pause on its large-scale initiative in Mauritania, shedding light on significant market hurdles.
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (Miteco) has earmarked €524 million for the establishment of five strategically located green hydrogen production projects.
Thor Energy’s strategic expansion in the natural hydrogen sector marks a significant development at the HyRange Project in South Australia, with the company enlarging its tenement holding by 303 square kilometres.
Hiperbaric, a Spanish hydrogen technology firm, has strategically expanded its footprint across Europe, entering four new markets through strategic partnerships and equipment deliveries.
Envision Energy has partnered with Indonesia’s leading renewable energy provider, SUN Terra, to enhance energy storage technology and its deployment across key regions, including Southeast Asia, India, and Australia.
Scatec ASA has once again pushed back the final investment decision (FID) for its long-anticipated Egypt Green Hydrogen project, a 100MW electrolyser initiative originally expected to be operational by late 2022.
