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
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
27 March 2025
Region has all the ingredients to become a green hydrogen powerhouse but faces plenty of barriers and stiff competition
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
