Revenue growth in Europe’s green hydrogen sector continues to lag behind capital intensity, with Paris-listed Lhyfe reporting a near doubling of annual revenue to approximately €10 million in 2025 while posting a net loss of €51 million, up sharply from €29.2 million a year earlier.
Global LNG markets are operating under an extreme stress test as tanker traffic through the Strait of Hormuz collapses from an average of 94 vessels per day to just over five in early March 2026, with LNG and oil tanker flows falling from more than 53 per day to roughly two.
Daimler Truck AG, Volvo Group, and Toyota Motor Corporation have signed a non-binding agreement to jointly advance fuel cell systems through their existing joint venture, cellcentric.
Brussels’ approval of Italy’s €6 billion ($6.9 billion) hydrogen support scheme comes at a moment when verified green hydrogen output in the country remains near industrial infancy, with production estimated at just 27 tonnes per day.
Namibia is positioning its green hydrogen strategy alongside China’s 15th Five-Year Plan for 2026 to 2030, signaling a shift from project-level cooperation toward broader industrial alignment.
India has commissioned approximately 8,000 tonnes per annum of green hydrogen production capacity as of February 2026, marking an early-stage milestone under the National Green Hydrogen Mission.
The Basque government has initiated a feasibility study to assess a potential secondary hydrogen pipeline from the Enagás trunk line to Irun, a move aimed at linking Euskadi’s growing green hydrogen production to France.
The UK’s low-carbon hydrogen pipeline has added another permitted project, with Uniper receiving planning approval for its Humber H2ub Green facility, a 120MW electrolytic hydrogen plant intended to supply industrial demand from the end of the decade.
The United Kingdom’s hydrogen innovation landscape is under renewed scrutiny following claims that a proposed $1 billion fuel cell venture was abruptly halted, raising questions about how emerging energy technologies are funded, validated, and sustained.
India’s green hydrogen market has reached a new pricing threshold, with a contract awarded at ₹279 per kilogram for supply to Numaligarh Refinery Limited, a level that begins to narrow the persistent cost gap between low-carbon hydrogen and fossil-based alternatives.
