OMV and Austria Wirtschaftsservice GmbH have entered into a funding agreement to support the construction of a green hydrogen plant in Bruck an der Leitha, Lower Austria. The agreement provides production funding of up to about €123 million for the planned project. The proposal had earlier received a positive assessment and funding recommendation from the European Hydrogen Bank.
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Despite numerous project cancellations and postponements, including some striking ones, the European hydrogen sector has seen notable progress. As the market gradually grows, there is a need to develop market rules that govern the use and operation of the hydrogen network. Germany is a front-runner, reflecting its high ambitions, but other Member States are following. Denmark is also developing a financing framework and is working on the access rules for the hydrogen network, while Belgium is currently analysing options for the market design.
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Brazil’s endowment of renewable energy resources provides an opportunity to progress the PNF domestic production goals with cost-competitive low-carbon fertilizer production. Analysis indicates green ammonia and fertilizer prices are cost-competitive with blue and grey in some locations with favorable conditions. There is a clear need for bold, early action with effective levers to overcome the challenges and bring this opportunity to reality to transform Brazil’s fertilizer supply from import-dependent to self-sustaining, competitive, and climate-aligned.
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RCT GH GmbH, also known as RCT Hydrogen, has received approval to begin manufacturing electrolyser stacks in Thuringia, Germany. The planned manufacturing facility will have an annual electrolyser production capacity of 250 MW. Production is scheduled to commence with the installation of a 2.5 MW electrolyser in the first quarter of 2026.
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The Ministry of Mines and Energy of the Government of Colombia has launched a nationwide call for proposals (CfPs) to support pilot-scale testing of low-emission hydrogen technologies across the country. The initiative aims to identify, assess, and implement hydrogen technologies in real operational conditions, with a focus on mobility, industry, and energy generation. Applications are open for 20 calendar days from December 23, 2025.
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SDG Namibia One Fund has entered into a development funding agreement with Zhero Europe to advance the Zhero Molecules Walvis Bay project, an industrial-scale green ammonia facility planned near Walvis Bay in Namibia’s Erongo region. The fund has committed up to $5.15 million to support development and feasibility activities required to move the project towards a final investment decision targeted for 2027.
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The International Finance Corporation (IFC) has announced an investment in the Kahirós green hydrogen project in Uruguay. The financing will support the Kahirós project, to be developed in partnership with Grupo Santander. Kahirós is a consortium formed by the Uruguayan companies Ventus, Fidocar, and Fraylog, with additional financial support from the United Nations’ Renewable Energy Innovation Fund.
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Elemental Clean Fuels (ECF) is working with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp L.P. on the Kamloops Clean Energy Centre (KCEC), a proposed green hydrogen facility with a planned capacity of 10 MW. The KCEC project is planned at the Kruger Kamloops pulp mill in Kamloops, British Columbia, and is expected to supply all of its green hydrogen output directly to the kiln operations.
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EWE has initiated construction of a 320 MW hydrogen generation facility in Emden, East Frisia, Germany. The civil and structural works have also been contracted to a consortium of construction firms comprising Ludwig Freytag, Gebrüder Neumann and MBN. Production of green hydrogen is expected to commence by the end of 2027, with supply directed to industrial consumers.
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HydrogenPro ASA has agreed to acquire the remaining 25 per cent stake in HydrogenPro Tianjin from Tianjin Miaoqing Machinery Equipment Co., bringing its ownership from 75 per cent to full ownership. The transaction is valued at CNY 3 million in cash plus the equipment valued at about CNY 1.8 million. Completion of the transaction remains subject to the relevant approvals from Chinese authorities.
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Bin Zayed International (BZI) and NOVA RE Suria (NRES) have formalised a partnership to develop the PGH2P green hydrogen project in Paka, Terengganu in Malaysia. It is planned as one of Malaysia’s early large-scale green hydrogen projects and will include a 200 MW alkaline electrolysers plant powered through renewable electricity from the grid. The plant is expected to generate nearly 30,000 tonnes of green hydrogen annually at full capacity.
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Mauritania has entered into a framework agreement with Möhring Energie Holding GmbH for the development of a large industrial plant aimed at producing green hydrogen and green ammonia. The agreement supports the implementation of Mauritania’s hydrogen programme known as the Hydrogen Code and initiates the NAYRAH project, which is planned to scale up to an electrolysis capacity of 1,000 MW.
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Raven SR has obtained its final air permit and the authority to construct from the Bay Area Air District (BAAD) for a facility in Richmond, California that will convert diverted organic waste into renewable hydrogen using a non-combustion steam/carbon dioxide reforming process. The project will be located at a Republic Service’s closed West Contra Costa Sanitary landfill site and will process up to 99 wet tonnes of organic waste per day.
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Shell Energy Europe Limited, a subsidiary of Shell plc, has signed two power purchase agreements (PPAs) in Germany to secure renewable electricity for the REFHYNE 2 hydrogen electrolyser under construction at the Shell Energy and Chemicals Park Rheinland. Power from both projects will supply the 100 MW renewable-proton exchange membrane electrolyser when it begins operations in 2027.
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Plug Power has been selected for an equipment supply and long-term service agreement to provide 55 MW of electrolyser capacity for three green hydrogen projects in UK. The order, which is subject to final investment decision (FID), covers 30 MW for the Barrow-in-Furness hydrogen project in Cumbria, 15 MW for the Trafford green hydrogen project in Greater Manchester, and 10 MW for the Langage green hydrogen project in Plymouth.
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Hygreen Energy has announced the establishment of the Middle East Electrolysers Company, a joint venture (JV) company with the Green Electrodes Consortium for Industry (GECI). The JV company will be based in the Eastern Province of Saudi Arabia, and aims to localise manufacturing and deployment of electrolyser systems in the country. The JV is intended to meet rising demand for electrolyser technologies in Saudi Arabia.
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Germany and the Czech Republic have agreed to strengthen collaboration on cross-border hydrogen infrastructure through the establishment of a new bilateral working group. The group aims to coordinate on joint projects, particularly focusing on the Czech-German Hydrogen Interconnector (CGHI), which will convert existing natural gas pipelines into hydrogen pipelines to enable bidirectional transport between the two countries.
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OMV and Masdar have entered into a binding agreement to form a joint venture (JV) company to finance, develop, and operate a 140 MW green hydrogen electrolyser facility in Bruck an der Leitha, Austria. The transaction is expected to close in early 2026, subject to completion of final documentation, shareholder consent, and regulatory approvals.
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The Government of Ontario has announced a new round of its Hydrogen Innovation Fund (HIF) with an investment of $30 million. This funding doubles the amount allocated in the previous round and aims to support projects that advance hydrogen development to strengthen Ontario’s clean energy economy. The fund is administered by the Independent Electricity System Operator.
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India is at a critical juncture in its clean energy transition, with green hydrogen offering a transformative opportunity to diversify the country’s energy mix and participate in the future of global energy trade. This report identifies key challenges and strategic drivers in India’s export ecosystem of green hydrogen and its derivatives, analysing market demand trends, cost dynamics, and four critical trade enablers: infrastructure preparedness, standards and certifications, strategic partnerships and global agreements, and trade and financial de-risking mechanisms.
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