Green Hydrogen Market Size, Share and Trends 2026 to 2035

What is the Green Hydrogen Market Size?

The global green hydrogen market size is calculated at USD 12.31 billion in 2025 and is predicted to increase from USD 17.28 billion in 2026 to approximately USD 231.32 billion by 2035, expanding at a CAGR of 34.09% from 2026 to 2035. This growth is driven by global government initiatives to reduce carbon emissions and advancements in green hydrogen production technology.

Market Highlights

• Asia Pacific region has contributed the highest revenue share of over 47.40% in 2025.
• By source, the wind segment has captured a revenue share of over 47.75% in 2025.
• By electrolyzer, the PEM electrolyzer segment has generated a revenue share of over 26.43% in 2025.
• By End User, the refining segment has generated revenue 41.90% in 2025.

What is the Green Hydrogen Market?

The green hydrogen market is a rapidly expanding industry focused on producing hydrogen fuel with zero emissions. This is achieved through the electrolysis of water using renewable energy sources like solar and wind. Green hydrogen is a clean energy source that emits only water vapor, leaving no residues in the air, unlike coal and oil.

Hydrogen is already being used as a fuel in countries such as the United States, Russia, China, France, and Germany. Nations like Japan are striving to become full-fledged hydrogen economies. The demand for green hydrogen is increasing due to its potential to reduce carbon emissions across various industries. The transportation sector, particularly heavy-duty vehicles, is expected to be a significant driver of green hydrogen demand over the next 5 to 10 years.

How has AI benefited the green hydrogen market?

Artificial Intelligence (AI) serves as a prominent tool in the green hydrogen market by assisting firms in the green hydrogen value chain to make better decisions, reduce waste, and increase energy savings. AI can monitor hydrogen production in real-time, especially for electrolysis. Through the use of smart sensors and AI models, companies can monitor hydrogen production in real-time, which allows them to identify issues fast and fix them early before they become more serious problems. Additionally, AI can be used to predict energy demand and control the timing of when to produce hydrogen based on electricity prices and, if there is any excess capacity, primarily based on renewable energy. In Germany and Japan, for example, various firms are deploying AI to manage large hydrogen plants more effectively and efficiently than before. AI will also be able to assist with transporting and storing hydrogen through possible routes that are evaluated by the cost and safety of each route before even starting the journey. Altogether, the use of AI in the green hydrogen value chain will provide companies with a faster, cheaper, and cleaner process.

• For instance, Siemens Energy has been using AI in the management of hydrogen production and has optimized what improved energy and reduced operating costs of the plant.

Green Hydrogen Market Growth Factors

• One major factor contributing to the growth of the green hydrogen market is the decreasing cost of production. As the costs of renewable energy continue to fall, the expenses associated with green hydrogen production through electrolysis are also projected to decline.
• Furthermore, growing economies of scale in green hydrogen production can help drive down costs, making it more competitive with traditional fossil fuels.
• Increasing government initiatives and subsidies aimed at achieving net-zero emissions, along with growing investments in renewable hydrogen production infrastructure, are accelerating market expansion.
• Active research and development, coupled with technological advancements, are fostering innovative and efficient solutions in green hydrogen production, driving industry trends.

Green Hydrogen Market Outlook

• Industry Growth Overview: The green hydrogen market is projected to experience exponential growth from 2025 to 2034. Global decarbonization efforts, decreasing costs of renewable energy, and technological advancements in electrolysis are driving this growth. High-growth sectors include hard-to-decarbonize industries like steel, chemicals such as ammonia and methanol production, and heavy-duty transportation like trucks, ships, and aviation.
• Sustainability Trends: Sustainability remains the main driver of the market. The main focus is on producing hydrogen through zero-emission methods using renewable energy sources like solar, wind, and hydro to replace fossil fuels in industrial and energy uses. Key trends include developing energy-efficient processes, such as Solid Oxide Electrolysis Cells utilizing waste heat, and establishing strong international certification standards and data privacy measures.
• Global Expansion: There is significant potential for global expansion, with significant investments and projects announced in Europe, Asia-Pacific, North America, the Middle East, Africa, and Latin America. The Asia-Pacific region (China, India) leads in production capacity and is experiencing a rapidly growing demand. Europe, particularly Germany, France, and the UK, takes the lead in policy support and infrastructure development. Countries like Chile and Saudi Arabia are tapping into their rich solar and wind resources to become major export centers.
• Major Investors: A significant amount of investment is coming from a diverse group of industrial giants, energy multinationals, and venture capital firms, drawn by strong government incentives such as the U.S. Inflation Reduction Act tax credits and India's National Green Hydrogen Mission funding. Leading corporate investors and players include Air Liquide, Linde plc, Siemens Energy, Plug Power, Cummins Inc., Adani Group, and BP.
• Startup Ecosystem: The startup ecosystem is maturing, focusing on innovative, cost-effective technologies and scalable business models, especially in advanced electrolyzer design (PEM, SOEC, AEM), integration with renewable energy sources, and the development of Robotics-as-a-Service (RaaS) models for infrastructure management. Emerging companies are attracting significant VC funding by providing solutions for the efficient production, storage, and transportation of green hydrogen.

Market Scope

Market Dynamics

Drivers

Growing government support

Governments play a crucial role in creating supportive policy frameworks and regulations that provide long-term stability and predictability for the green hydrogen market. Governments across the globe are focused on setting up renewable energy targets, establishing emission reduction goals, and implementing carbon pricing mechanisms, all of which incentivize the demand for green hydrogen. Additionally, regulations that promote the integration of green hydrogen into existing energy systems, such as blending it with natural gas in pipelines or supporting fuel cell technology, this element drives market growth.

• In September 2025, Union Minister Pralhad Joshi launched a Rs 100-crore scheme supporting green hydrogen startups, offering up to Rs 5 crore per project. At the Green Hydrogen R&D Conference, 25 startups showcased innovations.
• In July 2024, the Ship Financing Portal was launched to improve access to funding for the shipping sector and the broader maritime industry. The platform, created by the European Commission's Directorate-General for Mobility and Transport, offers businesses and organizations a collection of financial tools needed to support fleet renewal and retrofitting, boost efficiency, and lessen environmental impact.

Rising demand for renewable energy solutions

Renewable energy sources are intermittent in nature, their generation is all dependent on weather conditions. Energy storage becomes crucial for balancing the intermittent supply and demand. Green hydrogen can be produced during periods of excess renewable energy generation and stored for later use. It can be converted back to electricity through fuel cells or used as a feedstock in industrial processes, providing a reliable energy storage solution and contributing to grid stability. Many governments, private organizations and regions have set targets along with a few regulatory policies for transitioning to renewable energy and reducing carbon emissions. These goals often include a focus on the production of green hydrogen as a key component of energy transition strategies. The increasing demand for renewable energy to achieve these targets naturally drives the demand for green hydrogen as a clean energy carrier.

For instance, the European Union has aimed to produce approximately 10 million tons of renewable hydrogen, ammonia and other clean fuel components by 2030. The commission aims to improve the hydrogen infrastructure with this strategy.

Restraint

Lack of Awareness in Underdeveloped Areas

Underdeveloped areas often lack essential infrastructure, such as energy grids and transportation networks. This deficiency hinders the effective establishment and distribution of green hydrogen projects. Without the necessary infrastructure, creating local production and consumption centers for green hydrogen becomes difficult. Many of these regions also face economic challenges, including poverty and limited financial resources. Investing in green hydrogen projects typically requires substantial capital and specialized technical knowledge, which are often hard to access in these areas. The shortage of financial resources and expertise makes it hard to start and maintain green hydrogen initiatives. Therefore, limited awareness in underdeveloped areas emerges as a significant barrier to the growth of the green hydrogen market.

Limitations with infrastructure

Hydrogen has low energy density, and it is challenging to transport and store it efficiently. Dedicated pipelines for hydrogen are limited, and retrofitting existing natural gas pipelines can be costly and complex. Lack of infrastructure for bulk transportation, such as shipping and trucking, adds to the challenges of distributing green hydrogen to end-users. Green hydrogen requires specialized storage facilities to prevent leaks and ensure safety. Existing storage infrastructure for hydrogen is limited, and developing adequate storage solutions for large-scale green hydrogen production and utilization remains a challenge. Moreover, refueling hydrogen stations, building the overall planned infrastructure and transportation limitations hamper the market's expansion by acting as a restraint for the market's growth.

Opportunity

Rising investments in research and development activities

Research and development efforts aim to focus on boosting the performance and durability of green hydrogen technologies. Improving the efficiency and lifespan of electrolyzers can contribute to higher hydrogen production rates and reduced maintenance costs. Similarly, advancements in fuel cell technology can enhance the efficiency and reliability of hydrogen-powered vehicles and other applications. While addressing the major cost constraint of the market, such investments can drive down the costs associated with green hydrogen production. As research progresses, scientists and engineers can identify ways to optimize processes, improve efficiency, and reduce the need for expensive materials. Lower production costs make green hydrogen more competitive with fossil fuels, attracting investment and increasing market adoption.

Technological advancements

Specific technological advancements in electrolyzers, renewable energy production and decarbonization processes are observed to open a plethora of growth opportunities for the global green hydrogen market. Technological advancements contribute to the development of infrastructure required for the green hydrogen market. This includes advancements in hydrogen storage and transportation methods, such as high-pressure or cryogenic storage, as well as the establishment of hydrogen refueling stations and pipelines. As the infrastructure expands, it creates more opportunities for the widespread adoption of green hydrogen.

Challenges

Lack of awareness in underdeveloped areas

Underdeveloped areas often have limited infrastructure, including energy grids and transportation networks. This lack of infrastructure makes it difficult to establish and distribute green hydrogen projects effectively. Without the necessary infrastructure, it becomes challenging to create local production and consumption centers for green hydrogen. Many underdeveloped areas face economic challenges, including poverty and limited financial resources. Investing in green hydrogen projects often requires significant capital and technical expertise, which may be difficult to obtain in these regions. The lack of financial resources and expertise makes it challenging to initiate and sustain green hydrogen initiatives. Thus, the lack of awareness in underdeveloped areas is observed to pose a challenge for the growth of green hydrogen market.

Segments Insights

Source Insights

Which Source Segment Dominated the Green Hydrogen Market in 2025?

Wind energy dominated the green hydrogen market in 2025, driven by its developed large-scale infrastructure and strong capacity factors, particularly in offshore projects. Wind energy is a renewable resource that offers long-term hydrogen generation. Because of its practicality, many countries are investing in and growing the efficiency of wind energy for hydrogen production, especially in regions where conventional energy resources are scarce or energy demand is increasing.

The solar energy segment is expected to be the fastest-growing segment, driven by rapidly declining photovoltaic module costs and accelerated solar installations globally. The growing investments by companies & government for the production of green hydrogen by solar energy sources are anticipated to assist the market growth in the forecast period. Furthermore, advanced photovoltaic technologies such as triple-junction, perovskite, photovoltaic-thermal, hydrogen photovoltaic units, and concentrating solar energy systems are boosting the rate of green hydrogen production.

Global Green Hydrogen Market, By Source, 2023-2025 (USD Million)

Electrolyzer Type Insights

Which Electrolyzer Type Dominated the Green Hydrogen Market in 2025?

Proton Exchange Membrane (PEM) electrolyzers dominated the green hydrogen market in 2025 because of their operational flexibility and compatibility with variable renewable energy sources. PEM systems provide compact design, quick response times, and high hydrogen purity, making them suitable for decentralized and large-scale applications. By effectively converting excess wind and solar power into hydrogen, PEM electrolyzers can support the further growth of renewable energies.

The Solid Oxide Electrolyzer Cells (SOEC) segment is expected to grow at the fastest rate during the forecast period, due to their higher efficiency potential and ability to use industrial waste heat. SOECs provide significant efficiency advantages over traditional electrolyzers such as alkaline or PEM systems. The International Energy Agency (IEA) has reported that SOECs can achieve the highest conversion efficiencies among electrolyzer technologies, which is specifically useful in industrial hubs.

Global Green Hydrogen Market, By Electrolyzer Type, 2023-2025 (USD Million)

End Use Insights

Which End-Use Segment Dominated the Green Hydrogen Segment in 2025?

The refining segment dominated the green hydrogen market in 2025 as refineries are shifting toward decarbonization and integrating renewable technologies. The refining industry currently accounts for approximately 40 million tonnes of hydrogen consumption annually, primarily for important processes such as hydrocracking and desulfurization of fuels like diesel and petrol. Additionally, rising pressure on refineries to improve their sustainability profiles and contribute to national and international targets for carbon reduction.

The iron and steel segment is expected to grow at the fastest rate, driven by the transition toward low-carbon steel production. Concurrently, the steel sector is the heavy industries' top greenhouse emitter and the second-largest energy consumer, responsible for 2.6 gigatons of COâ‚‚ annually. Growing carbon emissions from the steel industry are driving the demand for green hydrogen. For instance, companies like JSW Steel, Tata Steel, and ArcelorMittal Nippon Steel India are establishing green steel plants.

Global Green Hydrogen Market, By End Use, 2023-2025 (USD Million)

Regional Insights

Which Region Dominated the Green Hydrogen Market in 2025?

The Asia Pacific region, home to more than half of the world's population, will play a crucial role in shaping the global energy future and influencing the world's ability to reach net-zero emissions. Countries in this region, especially China and Japan, have strategic advantages in hydrogen production and storage technologies. They dominate key technologies, including electrolysers, hydrogen storage solutions, and hydrogen turbines.

Asia Pacific Green Hydrogen Market Size and Growth 2026 to 2035

The Asia Pacific green hydrogen market size is evaluated at USD 5.84 billion in 2025 and is projected to be worth around USD 112.79 billion by 2035, growing at a CAGR of 34.46% from 2026 to 2035.

India Green Hydrogen Market Trends

India green hydrogen market is growing notably. Policy initiatives, such as production subsidies, tax breaks, and the establishment of green hydrogen corridors, are providing essential support to the sector. These policies are attracting considerable interest from both domestic and international players. Green hydrogen, generated using renewable energy sources like solar and wind, presents an opportunity to reduce emissions and achieve energy independence. This aligns with the Indian government's ambitious targets for green hydrogen production under the National Hydrogen Mission, which aims to increase green hydrogen's share in India's total hydrogen demand to 46% by 2030, thus creating a substantial market for green hydrogen production and related technologies.

• For instance, in May 2025, India's Ministry of New and Renewable Energy launched the Green Hydrogen Certification Scheme (GHCI) for certifying green hydrogen production through a transparent and credible framework. The scheme focuses on encouraging domestic production and export of green hydrogen to meet India's climate and sustainability goals.

China Green Hydrogen Market Trends

China is ahead of all countries in the Asia-Pacific green hydrogen market due to significant government encouragement, large companies, and substantial amounts of solar and wind generation. The government of China also has specific aims in place, establishing targets to reduce emissions, and has started to build many green hydrogen plants. China manufactures electrolyzers, which are machines in green hydrogen, are now manufactured cheaper price than any other nation in the world. China intends to explore green hydrogen for transportation, power, and potentially the steel industry. With a significant population and anticipated growth in energy, China has many opportunities to grow and take the lead in using and developing green hydrogen technology and infrastructure worldwide.

• Europe green hydrogen market size was accounted for USD 2,065.24 million in 2024 and it is growing at a CAGR of 38.30%.
• U.S. green hydrogen market size was reached at USD 1,311.90 million in 2024 and it is growing at a CAGR of 39.34%.
• France green hydrogen market was valued at USD 584.05 million in 2024 and it is growing at a CAGR of 38.44%.
• Germany green hydrogen market size was estimated at USD 629.90 million in 2024 and it is growing at a CAGR of 38.56%.
• China green hydrogen market size was valued at USD 1,352.46 million in 2024 and it is growing at a CAGR of 42.34%.

North America Green Hydrogen Market Trends

North America green hydrogen market is growing notably in the coming years, largely driven by strong government incentives and substantial private sector investment aimed at achieving ambitious decarbonization targets. AES and Air Products are developing one of the largest green hydrogen facilities planned in North America. This project will integrate extensive renewable energy capacity along with electrolyzer production and storage infrastructure. With an emphasis on using renewable energy to generate clean hydrogen for hard-to-decarbonize sectors like heavy transportation and industry, both the U.S. and Canada are positioning themselves as key hubs for the production and utilization of green hydrogen.

U.S. Green Hydrogen Market Trends

The U.S. green hydrogen market is expanding significantly. Interest in producing and utilizing green hydrogen is growing rapidly, driven by its potential to address the climate crisis, enhance energy security and resilience, and provide economic benefits. To support this initiative, the United States is making significant investments in clean hydrogen production, infrastructure, and targeted research, development, demonstration, and deployment (RDD&D) of this crucial technology.

Europe Green Hydrogen Market Trends

Europe green hydrogen market is expected to experience significant growth during the forecast period. Several European countries are leading the charge in green hydrogen production and utilization, driven by ambitious climate goals and significant investments in renewable energy infrastructure. The European Union's Green Deal and Hydrogen Strategy aim to establish a robust hydrogen economy, with plans to deploy gigawatts of electrolyzer capacity by 2030.

UK Green Hydrogen Market Trends

The UK government's commitment to achieving net-zero emissions by 2050 has inspired the implementation of policies and incentives that promote green hydrogen. Industries such as steel manufacturing, chemical production, and refining are among the largest contributors to carbon emissions. The shift to green hydrogen as a substitute for fossil fuels in these sectors is a crucial driver for this market in the UK. The UK green hydrogen sector comprises a mix of energy majors, utilities, and specialized technology firms. Major companies, including BP, Shell, SSE, ITM Power, and Equinor, have already announced large-scale projects focused on industrial decarbonization and renewable integration.

Germany Green Hydrogen Market Trends

Germany is the leader in the European green hydrogen market due to successfully combining realistic energy targets, government investment, and leading technology. Germany has focused on developing large-scale hydrogen projects using wind and solar generation. Germany is also globally connected through imports of green hydrogen through cooperative development partners. The German government invests heavily to fund the development of hydrogen plants and the innovation of new uses for clean fuel. Germany has developed large-scale users of hydrogen in the transportation and steel industry to decrease emissions, and the region's level of investment in research and development, and diversification of construction partnerships have successfully escalated their capabilities into high levels of success.

Latin America Green Hydrogen Market Trends

Favorable government incentives, increasing foreign investments, decarbonization goals, industrial demand for clean energy, and supportive regulatory frameworks are positively impacting the green hydrogen market in Latin America. The region boasts vast wind and solar energy potential, offering a solid foundation for cost-competitive green hydrogen production. Its proximity to major markets in North America and Europe makes Latin American countries attractive suppliers of green hydrogen.

The market in Latin America is also driven by favorable government incentives, decarbonization targets, industrial demand for clean energy, supportive regulatory frameworks, and rising corporate sustainability commitments. Additionally, many government agencies in the region are focusing on providing incentives and regulatory support for green hydrogen projects. Several countries are making significant efforts to reduce their carbon emissions and promote renewable energy through green hydrogen development. These factors position Latin America as a significant region in the global market.

Brazil Green Hydrogen Market Trends

Brazil is leveraging its diverse renewable energy mix, which includes substantial hydro, solar, wind, and biomass resources, to become a leading producer of affordable green hydrogen for both domestic consumption and export. Backed by national programs and a new regulatory framework, Brazil is attracting significant private investment into regional production hubs, especially at major ports, to support a strong domestic hydrogen economy and supply clean energy to international markets like Germany and the Netherlands.

Middle East and Africa Green Hydrogen Market Trends

The Middle East and Africa are quickly becoming key players in the green hydrogen market, fueled by their substantial, low-cost renewable energy potential from abundant solar and wind resources. National decarbonization strategies, such as Saudi Arabia's Hydrogen Strategy under Vision 2030, the UAE's Hydrogen Roadmap, and Oman's Hydrogen Strategy 2040, are accelerating investments in production hubs, port infrastructure, and hydrogen-ready industrial clusters.

Saudi Arabia Green Hydrogen Market Trends

Saudi Arabia is positioning green hydrogen as a cornerstone of its economic diversification strategy, leveraging its abundant solar resources and strategic geographic location to establish itself as a future energy export powerhouse. The market is characterized by significant government investment in renewable energy infrastructure, with Saudi Arabia planning $6 billion worth of green hydrogen projects. The $500 billion Helios Green Hydrogen and Ammonia Project in NEOM is a collaboration between ACWA Power, Air Products, and NEOM, and the plant is scheduled to be operational by 2025, exporting 650 tons of green hydrogen per day.

Value Chain Analysis

• Resource Extraction: Extraction of raw materials essential for green hydrogen production, chiefly water, depending on the region's availability.
• Power Generation: Electricity generation through renewables, which is the very first step in which solar, wind, or hydropower systems power electrolysis processes to produce green hydrogen.
  
  • Key Players: ACME Group, Avaada
• Distribution Network Management: Establishing and maintaining infrastructure to transport and deliver green hydrogen from production plants to end users and other applications.
  
  • Key Players: Indian Oil Corporation Limited (IOCL), Power Grid Corporation of India
• Energy Storage Systems: In essence, the development and application of all types of means for green hydrogen storage in a way that is effective and safe, i.e., storage in tanks or underground caverns to provide an uninterrupted supply and respond to demand fluctuations.
  
  • Key Players: H2e Power,
• Grid Maintenance and Monitoring: Maintenance of the grid that supplies renewable energy for green hydrogen production and ensures its efficient and stable operation, as well as monitoring the performance of the entire system.
  
  • Key Players: Central Transmission Utility of India
• Regulatory Compliance and Energy Trading: Assisting through the evolving policy frameworks and environmental regulations.
  
  • Key Players: Ministry of New and Renewable Energy

Key Companies & Market Share Insights

In the green hydrogen market, there is fierce rivalry to reduce manufacturing costs, develop innovative process technology, expand, and enhance the usage of green hydrogen in end use sectors. The key market players are attempting to grow their market shares by employing various techniques in response to such possibilities in the sector.

Competitive Landscape

The green hydrogen market is currently characterized by a dynamic competitive landscape, influenced by a convergence of technological advancements, regulatory support, and a growing demand for sustainable energy solutions. Prominent players such as Air Products, Linde, and Siemens Energy are actively positioning themselves through strategic partnerships and innovative technologies. In the foreseeable future, the emphasis on competitive differentiation is expected to shift from traditional price-based competition to a focus on innovation, technological progress, and the reliability of supply chains. This trend indicates that companies prioritizing research and development, as well as strategic collaborations, will be more favorably positioned to succeed.

Green Hydrogen Market Companies

• NEL ASA: Develops and supplies electrolysis solutions for green hydrogen production, enabling scalable hydrogen generation from renewable energy sources.
• ITM Power: Designs and manufactures PEM electrolyzers, providing integrated solutions for producing green hydrogen for industrial and mobility applications.
• ENGIE: Invests in renewable energy projects and hydrogen infrastructure, promoting large-scale green hydrogen production and distribution for industrial and power sectors.
• Siemens Energy: Offers electrolyzer technology and hydrogen-ready power solutions, supporting industrial decarbonization and renewable energy integration.
• Air Products Inc.: Produces, distributes, and supplies hydrogen for industrial applications while investing in green hydrogen projects for mobility and energy transition.
• Messer Group GMBH: Develops hydrogen production, storage, and distribution solutions, focusing on green hydrogen supply for industrial and energy applications.
• Plug Power Inc.: Designs fuel cell systems and builds green hydrogen generation and distribution infrastructure to support transportation and industrial sectors.
• Cummins Inc.: Manufactures electrolyzers and hydrogen fuel cell systems, contributing to green hydrogen production and adoption in mobility and industrial applications.
• Air Liquide: Supplies hydrogen production and distribution technologies, including electrolyzers, to accelerate the deployment of green hydrogen in industrial and energy sectors.
• Linde: Provides hydrogen production, liquefaction, and distribution solutions, supporting large-scale green hydrogen projects and industrial decarbonization efforts

Recent Developments

• In June 2026, the Union Minister for New and Renewable Energy and Consumer Affairs, Food and Public Distribution, Shri Pralhad Joshi, inaugurated the Green Hydrogen Certification Portal of India during the National Workshop on “Strengthening the National Green Hydrogen Mission: Through State Policies, Hubs & Infrastructure,” organized by the Ministry of New and Renewable Energy. Developed by the MNRE, the portal aims to facilitate transparent certification and regulatory compliance under the Green Hydrogen Certification Scheme of India.
• In August 2025, Statkraft secured a lease for a piece of land in Shetland next to the abandoned Scatsta Airport to build its 400 MW green hydrogen-to-ammonia plant, Shetland Hydrogen Project 2. The project was going to use excess wind energy from local wind farms that are yet to be built and convert it into ammonia for use as marine fuel and fertiliser.
  [Source: https://www.hydrogeninsight.com]
• In August 2025, OQ Gas Networks signed a term sheet with Belgium's Fluxys to co-develop hydrogen transportation at agreed sites across Oman. They planned to repurpose natural gas pipelines and build 300 – 400 km of new hydrogen lines by 2030 through OQ Gas Networks, with Fluxys holding a minority operational stake. This was intended to support Oman's green hydrogen development and Net Zero goals.
  [Source: https://www.pipeline-journal.net]
• In August 2025, India inaugurated its first Make-in-India 1 MW green hydrogen plant at Deendayal Port, Kandla. This facility was established in four months, with a locally manufactured electrolyser, and was also entirely designed and built by locally sourced engineering teams. The facility was built for initial use to power port bus fleets and port street lighting systems, but the state planned and started to develop the project to 10 MW and facilitate the powering of full port operations.
  [Source: https://www.newsonair.gov.in]
• In August 2025, Copenhagen Infrastructure Partners bought a 70% share in the first 100 MW phase of H2Apex's green hydrogen facility in Lubmin, Germany. CIP had committed €15 million pre-final investment decision, and total EU IPCEI funding amounted to €167 million. Construction was planned to begin in 2026 and commissioning by 2028, and would aim to supply up to 10,000 tonnes per annum.
  [Source: https://www.h2-view.com]
• In August 2025, Four Zeros Energy partnered with Vergia AS to develop and finance a portfolio of green hydrogen projects throughout the UK. The first of its initiatives, the 20 MW St Austell project in Cornwall, had been selected as a shortlist product under the UK HAR2 allocation round, with production to supply the regional mining operations and carbon reductions by 2028.
  [Source: https://www.renews.biz]

Segments Covered in the Report

By Source

• Solar
• Wind
• Others

By Electrolyzer

• Alkaline
• SOEC
• PEM
• Others

By End Use

• Refining
• Ammonia
• Methanol
• Iron & Steel
• Others

By Geography

• North America
  • U.S.
  • Canada
• Europe
  • U.K.
  • Germany
  • France
• Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
• Rest of the World