U.S.

Nel announced its plans to build a new automated gigawatt electrolyzer manufacturing facility in Michigan. When fully developed, the facility will employ more than 500 people and be among the largest electrolyzer manufacturing plants in the world.

The Appalachian region is well suited to be one of the nation’s clean energy H₂ hubs because of its natural gas resources, infrastructure, storage capacity, workforce and industrial demand, according to a recently released report conducted by NETL.

SunHydrogen announced its commitment to the Mid-Continent Clean Hydrogen Hub jointly formed by the states of Iowa, Nebraska and Missouri.

At least 20 groups from across the U.S. have submitted final applications to the U.S. Department of Energy hoping to receive up to $1.25 B in federal funding and become one of six to 10 clean H₂ hubs, according to a survey conducted by S&P Global Commodity Insights.

Babcock & Wilcox announced that Black Hills Energy (BHE) has selected its BrightLoop H₂ generation technology for the feasibility study of a proposed project to produce clean H₂ from coal and capture CO₂ emissions at BHE’s Neil Simpson Power Plant in Gillette, Wyoming.

Ohmium International announced the closing of a $250-MM Series C growth equity financing. The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise and included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.

Fortescue Metals plans to develop a 300-MW green ammonia and fertilizer complex in Naivasha, Kenya. Once operational, the facility will increase domestic supplies of fertilizers and provide green H₂ to the nation’s electric grid.

Total active H₂ projects have increased by nearly 100 month-over-month (March–April), according to Gulf Energy Information’s Global Energy Infrastructure (GEI) database. With nearly 50% market share, Western Europe continues to account for most H₂ projects under development, followed by the Asia-Pacific region (22%) and the U.S. (13%).

Sasol Chemicals and Mission Possible Partnership announced a collaboration to evaluate potential projects for Sasol’s sustainability hub at its Lake Charles, Louisiana location.

The U.S. H₂ electrolyzer market size is projected to expand at a CAGR of 23.8% from 2023 to 2033. It is anticipated to reach a valuation of about $790.8 MM by 2033. The market is likely to cross a valuation of around $93.2 MM in 2023.