Green Hydrogen Expands Across Borders: New Deals, Projects, and Global Momentum
New Projects announced around the world. Plus: Hyundai shows the new FCEV Nexo.
Hydrogen development is gaining speed around the world as governments, automakers, and clean energy firms invest in massive projects to position themselves at the forefront of the green energy transition. In this issue, we explore major deals in Egypt, Spain, and Namibia, strategic production milestones in the UK, and a bold move from Hyundai.
(Picture: Hyundai)
Egypt and France Sign $7.6 Billion Deal for Green Hydrogen Mega Project
In a landmark agreement, Egypt and France have signed a $7.6 billion deal to build a large-scale green hydrogen production plant in the Suez Canal Economic Zone. The deal involves major players including Egypt’s sovereign wealth fund and French company EDF Renewables, and will produce more than 1 million tonnes of green ammonia annually for export to Europe.
This project will leverage Egypt’s natural advantages: abundant solar and wind resources, strategic shipping location, and strong political support for renewable infrastructure. It also represents France’s commitment to securing clean hydrogen supply chains while helping decarbonize European industries. As energy security and climate action remain top priorities, this project could become one of the largest hydrogen hubs in the MENA region.
Spain Launches €1.5 Billion Hydrogen and Green Tech Blitz
Spain is taking decisive action to cement its position as a European clean energy leader with the announcement of a €1.5 billion investment package. The funding will support hydrogen production, energy storage, electric vehicle infrastructure, and next-generation solar and wind technologies.
Part of Spain’s Recovery, Transformation and Resilience Plan, this initiative seeks to attract private investment while scaling green technologies. A significant portion will go toward industrial-scale hydrogen electrolysers and mobility applications, including hydrogen-powered trains and long-haul trucks.
By channeling funds into cross-sector innovation, Spain is laying the groundwork for a clean energy ecosystem that spans power generation, mobility, and industrial decarbonization. This aggressive green tech blitz puts Spain at the forefront of the EU’s climate-neutral goals for 2050.
Germany’s Role in Namibia’s Green Hydrogen Revolution
Germany is playing a crucial role in Namibia’s efforts to become a leading green hydrogen exporter. Through bilateral agreements and significant funding, Germany is supporting the creation of hydrogen infrastructure and training programs in Namibia, focusing on sustainable energy development and industrial diversification.
The partnership includes knowledge transfer, technical support, and financing of flagship projects such as Hyphen Hydrogen Energy’s planned production site in the Tsau //Khaeb National Park. Namibia’s plentiful sunshine and access to international shipping lanes make it an ideal location for green hydrogen exports, especially to Germany and other EU countries.
This collaboration underscores how strategic partnerships between developed and developing nations can create win-win scenarios—advancing climate goals, building new economies, and ensuring access to green fuels in both hemispheres.
Lhyfe Hits Major Milestone in UK Hydrogen Push
French hydrogen producer Lhyfe has achieved a major milestone in the UK after two of its green hydrogen projects were shortlisted by the UK Government under the Hydrogen Allocation Round 2 (HAR2) program. These projects—planned for Teesside and Bristol—will deliver renewable hydrogen for use in transport and industry.
Lhyfe is known for its offshore hydrogen production capabilities, and these UK projects reflect its ambition to scale decentralized, renewable hydrogen across Europe. The HAR2 shortlist highlights growing government support for green hydrogen as part of the UK’s decarbonization strategy.
By focusing on modular, scalable hydrogen systems, Lhyfe aims to quickly deploy infrastructure that supports local economies and emissions reduction. These developments mark a promising step for the UK in building domestic green hydrogen capacity.
Hyundai Reaffirms Hydrogen Commitment With Full Ecosystem Strategy
Hyundai Motor Company has unveiled its latest hydrogen roadmap, reaffirming its long-term vision of building a full hydrogen ecosystem. The plan includes fuel cell vehicle development, hydrogen-powered construction equipment, energy storage solutions, and the expansion of refueling infrastructure.
The company also announced partnerships to develop hydrogen mobility hubs and collaborations with governments to increase fuel cell adoption. Hyundai’s commitment goes beyond vehicles, targeting commercial sectors such as logistics, public transportation, and heavy industry.
By integrating hydrogen across multiple sectors, Hyundai is positioning itself as a holistic clean energy provider. This strategy is part of the company’s broader commitment to carbon neutrality and supports South Korea’s national hydrogen roadmap.
Conclusion
From multibillion-dollar deals in Egypt and Spain to strategic hydrogen partnerships in Namibia, the UK, and South Korea, the global hydrogen transition is accelerating. The race is no longer just about technology—it’s about geopolitics, industrial leadership, and energy independence. Stay tuned for more insights as this transformation unfolds.