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Stay informed with monthly H2 market updates!
 
Welcome to our monthly update on the green hydrogen sector. As a leading partner in hydrogen generation via water electrolysis, we are committed to keeping you informed on current financial progress, key project updates, and other significant developments in the world of hydrogen. The H2 economy is evolving rapidly, with pivotal advancements driving innovation and investment in the energy transition as well as industrial decarbonization. Stay tuned as we spotlight major monthly updates shaping the future of our dynamic industry.

Austrian Green hydrogen and ammonia project cancelled

Construction of the planned 60 MW green hydrogen and ammonia facility in Austria—intended to yield around 7,000 tonnes of hydrogen annually—has been cancelled by Verbund and LAT Nitrogen, citing insufficient public funding and economically unviable conditions despite previously securing €48.5 million in EU backing. 
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Construction begins on Indoneasian geothermal-powered green hydrogen pilot

Construction has begun in Indonesia on a geothermal-powered green hydrogen pilot at Ulubelu, built around an AEM electrolyzer. The project, led by state-owned Pertamina, is seen as a stepping stone toward producing green ammonia and methanol. By leveraging geothermal energy, the pilot aims to demonstrate a clean, renewable route to hydrogen that can be integrated with future chemical and fuel production systems. 
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OMV partners up on largest green H2 plant in EU

OMV has teamed up with Siemens Energy and STRABAG to build a 140 MW green hydrogen plant in Austria’s Bruck an der Leitha, aiming to produce up to 23,000 tonnes of hydrogen annually to supply its Schwechat refinery and slash ~150,000 tonnes of CO₂ emissions per year. 
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Stay tuned for next month's update as we spotlight more pivotal changes shaping the future of hydrogen.