EU Hydrogen Bank

Topsoe consolidates SOEC manufacturing at Herning, hibernates its 500 MW plant, cancels US expansion and restructures ~440 roles to match slower green hydrogen demand.

Oman and the Netherlands have launched a NoorBridge partnership to study a green hydrogen export corridor, using solar- and wind-powered electrolysis in Oman to supply liquid hydrogen to European industries via Duqm, Amsterdam, and Duisburg.

EU awards €124 million to Norwegian companies Gen2 Energy and GreenH for green hydrogen production hubs serving zero-emission shipping, boosting maritime decarbonisation.

thyssenkrupp nucera will supply 300 MW of alkaline electrolysers for Moeve’s Onuba green hydrogen plant in Andalusia, targeting 45,000 tonnes H₂ annually.

E-methanol from Denmark’s Kassø Power-to-X plant has been upgraded into drop-in synthetic gasoline in Germany, demonstrating a full renewable Power-to-Liquids chain for decarbonising transport.

The European Hydrogen Bank awarded funding to TURN2X’s T2X project in Extremadura, Spain, enabling a 9 MW electrolyser that will produce 6,390 tonnes of green hydrogen over ten years while avoiding 43,700 tonnes of CO₂.

David Pflegler of GreenTrax says Germany’s updated THG-Quote law could lift green hydrogen prices above €15/kg from 2026 by creating a demand-pull through quota trading under RED III.

BHDT GmbH invests NOK 52m for 15% of Cavendish Hydrogen ASA, merging pressure-tech expertise with modular H2Stations to accelerate Europe’s hydrogen refueling network.

The European Commission’s EU Hydrogen Mechanism registered 265 supply opportunities across 33 countries with an 87% match rate in its first round, advancing market transparency and project finance.

A regional industry association in Galicia warns that without consolidated business models and secured industrial offtake, green hydrogen projects may stall, highlighting the importance of EU RFNBO and GH2 Standard compliance for scaling hydrogen production.

Argentina is accelerating its green hydrogen ambitions through new legislation, international partnerships like the Power-to-X Hub, and major investments such as Fortescue's $8.4 billion Río Negro project. With nearly 7.8 GW of renewables online and training for over 400 professionals, the country targets 5 million ton

Saarland is investing in PACT-H2, combining EU ERDF and state funds to expand cross-border hydrogen electrolysis, pipelines and steel decarbonization, building on the mosaHYc link for supply security and emissions reduction.

France’s 1 GW renewable and low-carbon hydrogen scheme gains EU approval with competitive tenders, 15-year premiums and a 36-month build deadline to cut 1,100 kt of CO2 annually.