Germany’s Thyssenkrupp Nucera is discontinuing projects impacted by U.S. tax and spending policy changes. CEO Werner Ponikwar said: “We have sorted out all projects that have less chance of being realized due to the new framework conditions in the US.” The company is focusing on 1.5 gigawatts of electrolysis capacity orders, mainly in Europe, and reported strong revenue and profit growth in the first nine months, aligning with its fiscal year goals.
In the UK, England-based ITM Power signed a supply agreement and long-term services terms with MorGen Energy for the 20 MW West Wales Hydrogen project. ITM Power stated: “With permits secured and commercial terms with the project stakeholders nearing completion, the project is well on track towards Final Investment Decision (FID) and is expected to break ground before calendar year-end.” This advances sustainable hydrogen production in the region.
These developments highlight global progress in green hydrogen, with Oman expanding its infrastructure, Thyssenkrupp Nucera refining its portfolio, and ITM Power advancing UK-based hydrogen projects.
