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H2 Green has received £500,000 for its Inverness Hub
Renewables Finance Scotland UK
Polly Martin
31 March 2023
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Scotland ‘a great place’ for green hydrogen development

Project developers that have secured grants tell Hydrogen Economist they are optimistic, despite incentives competition with US and EU

Over a quarter of projects recently awarded grants through the UK’s Net Zero Hydrogen Fund will be located in Scotland, looking to leverage strong renewable resources and an abundance of offshore wind electricity due to come online this decade. In addition to the UK’s target for 10GW of low-carbon hydrogen by 2030, the Scottish government has set its own target of 5GW of hydrogen production capacity within the country by that year. Edinburgh-headquartered H2 Green has secured £500,000 from the Net Zero Hydrogen Fund to support Feed and post-Feed studies for its green hydrogen hub in Inverness. The company plans to initially develop a 6MW electrolyser, as well as wind and solar assets. First

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Stellantis halts hydrogen vehicle programme
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
BP tests German market for green hydrogen
16 July 2025
Oil and gas major calls for expression of interest in product from Lingen project ahead of startup in 2027
Topsoe ‘slows’ $400m US project amid market uncertainty
14 July 2025
Danish electrolyser manufacturer decelerates pre-FID work on planned Virginia plant despite renewed clarity over 45V tax credit
US confirms early sunset for hydrogen tax credits
4 July 2025
Race is on to meet end-2027 deadline for 45V as Congress passes One Big Beautiful Bill Act

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