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
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Policymakers launch €2.9b package aimed at driving investment to meet its aviation and maritime sustainable fuel targets
5 November 2025
German technology company collaborates with Sharjah National Oil Corporation and Decahydron on new initiative in northern emirate of Sharjah
29 October 2025
Europe urgently needs a dose of pragmatism to unlock its clean hydrogen potential, Hydrogen Council CEO Ivana Jemelkova tells Hydrogen Economist
