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Energy news

Lhyfe Secures €11M Funding to Build Green Hydrogen Production Facility in Sweden

February 3, 2025 Greenh2 team

Lhyfe (EURONEXT: LHYFE), a global leader in green and renewable hydrogen production, has secured up to €11 million (SEK 130 million) in funding from Klimatklivet,

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Fortum and P2X Solutions have signed a five-year Power Purchase Agreement (PPA) to support green hydrogen production at P2X Solutions’ Harjavalta plant in southwest Finland. The agreement ensures that the plant, which is ramping up production, operates in compliance with strict EU renewable hydrogen criteria (RFNBO). Under the contract, Fortum will supply renewable electricity from its Finnish portfolio, along with Guarantees of Origin, to enable P2X Solutions to produce RFNBO-compliant green hydrogen. The agreement runs until the end of 2029 and marks a key milestone in Finland’s hydrogen transition. Advancing Finland’s Green Hydrogen Industry EU regulations require that renewable energy for green hydrogen production must be matched on a monthly basis until 2029, after which hourly matching will be mandated. This agreement ensures that P2X Solutions’ plant operates in full compliance with RFNBO standards, making it the first facility in Finland to produce green hydrogen under these regulations. Urs Pennanen, Senior Vice President of Corporate Customers at Fortum, emphasized the significance of the collaboration: “At Fortum, our strategic priority is to support clients in their decarbonization journey. This agreement with P2X Solutions showcases how collaboration can drive sustainable solutions. We are pleased to supply the plant with its initial volumes of renewable energy and contribute to Finland’s clean energy transition.” Herkko Plit, CEO of P2X Solutions, highlighted the project’s impact: “Our investment in Harjavalta is opening Finland’s green hydrogen market and supporting the shift to a carbon-neutral society. By leveraging Fortum’s renewable energy, we enable industries to adopt cleaner production methods. This partnership underscores the critical role of green hydrogen in reducing carbon emissions across multiple sectors.” Paving the Way for a Carbon-Neutral Future The Harjavalta green hydrogen plant is a pioneering project for Finland, setting the foundation for future hydrogen development and industrial decarbonization. The collaboration between Fortum and P2X Solutions strengthens the role of green hydrogen in achieving carbon neutrality and energy sustainability across industries.
Energy news

Fortum and P2X Solutions Sign Five-Year PPA to Power Finland’s First Green Hydrogen Production

January 31, 2025 Greenh2 team

Fortum and P2X Solutions have signed a five-year Power Purchase Agreement (PPA) to support green hydrogen production at P2X Solutions’ Harjavalta plant in southwest Finland.

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Norwegian Hydrogen Acquires Major Green Hydrogen Project in Rjukan from Aker Horizons
Energy news

Luxcara and GreenH to Build Norway’s First Large-Scale Green Hydrogen Facility in Bodø

January 29, 2025January 29, 2025 Greenh2 team

Luxcara, a leading German asset manager for clean energy infrastructure, is making a significant investment in the Bodø Hydrogen Project, one of Norway’s first large-scale

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Energy news

Norwegian Hydrogen Acquires Major Green Hydrogen Project in Rjukan from Aker Horizons

January 23, 2025 Greenh2 team

Norwegian Hydrogen, a leading producer of green hydrogen in the Nordics, has expanded its portfolio by acquiring Aker Horizons’ hydrogen project in Rjukan, Norway. This

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Smoltek’s Breakthrough Technology Slashes Iridium Use in PEM Electrolyzers by 95%
Energy news

Smoltek’s Breakthrough Technology Slashes Iridium Use in PEM Electrolyzers by 95%

January 17, 2025 Greenh2 team

Smoltek Nanotech Holding AB (publ) has achieved a significant breakthrough in the hydrogen industry by developing a porous transport electrode (PTE) that reduces the iridium

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Energy news

CIP and Friesen Elektra Launch “Project Anker” to Develop 800 MW Green Hydrogen Facility in Germany

January 16, 2025 Greenh2 team

Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG have announced the initiation of Project Anker,

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Energy news

First Green Hydrogen Production and Refueling Station in the Baltic States Moves Forward at Klaipėda Port

January 14, 2025 Greenh2 team

Preparations are in full swing at the Port of Klaipėda, where construction of the Baltic States’ first green hydrogen production and refueling station is set

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Vale and GreenIron Join Forces to Decarbonize Mining and Metals Industry
Energy news

Vale and GreenIron Join Forces to Decarbonize Mining and Metals Industry

January 7, 2025 Greenh2 team

Vale and GreenIron have signed a Memorandum of Understanding (MOU) to collaborate on innovative decarbonization initiatives in Brazil and Sweden. The partnership aims to advance

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Energy news

H2 Global Energy Consortium and Tunisia Partner on $6 Billion Green Hydrogen and Ammonia Project

January 6, 2025 Greenh2 team

A consortium led by H2 Global Energy has signed a Memorandum of Understanding (MOU) with the Tunisian government to develop a transformative green hydrogen and

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Energy news

H2Carrier and Greenstat Hydrogen India Partner to Advance Green Hydrogen and Ammonia Projects in India and Sri Lanka

January 4, 2025 Greenh2 team

H2Carrier, a pioneer in floating green ammonia production technology, and Greenstat Hydrogen India (GHI), a leader in green hydrogen development, have signed a Memorandum of

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