Enegix is developing a green hydrogen project in the state of Ceara, Brazil
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 as count
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
