Related Articles
Enegix is developing a green hydrogen project in the state of Ceara, Brazil
Forward article link
Share PDF with colleagues

Green hydrogen investment bounces back

Project announcements ramp-up in 2021 following a lean period during 2020, says Wood Mackenzie

More than $4.5bn was invested in the hydrogen sector in the first quarter of 2021, with 55 projects announced, according to research by consultancy Wood Mackenzie. Australia’s Enegix Energy announced during the quarter that it was investing in a green hydrogen project with the state government of Ceara in Brazil, due to produce 600mn kg/yr of green hydrogen from 2025. This has boosted current announced electrolyser capacity to 6.3GW, with 1.3 GW added in the first quarter of 2021 alone. “The capital markets absolutely understand green hydrogen now” Cooley, ITM Power Global announced electrolyser capacity was just 200MW until 2019, showing the rapid scale-up in the technology



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
ITM Power to raise finance for expansion
15 October 2021
Firm looks to raise a total of £250mn to build two further factories to meet demand
Octopus and RES to invest £3bn in UK green hydrogen
14 October 2021
Partnership is evaluating several sites for construction of green hydrogen production and is in discussion with offtakers
Carbon price would make hydrogen viable – Wood Mackenzie
14 October 2021
Accelerating development of low-carbon hydrogen before 2030 would require carbon prices above $60/t
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video