APAC & Europe lead today’s green hydrogen progress

FactSet finds that, despite global headwinds, Asia-Pacific and Europe are the only regions meaningfully moving green hydrogen projects into mature stages (FID/construction/commissioning/operations).

In 2025 to date, APAC advanced ~824 ktpa H₂e while Europe advanced ~157 ktpa. India’s pipeline is skewed to green ammonia for fertilizers; China’s is diversified (refining, chemicals, transport—including marine fuels); and Europe focuses on decarbonizing refineries/chemicals plus a flagship H₂-based steel project in Sweden.

Key takeaways from the article:

• Policy churn cooled the U.S. surge post-IRA; tighter timelines and uncertainty slowed new announcements.
• APAC leads on volume: ~824 ktpa H₂e advanced so far in 2025; Europe follows with ~157 ktpa.
• India targets green ammonia to serve fertilizer demand; China spreads offtake across refining, chemicals, transport, and marine (ammonia/methanol).
• Europe’s near-term focus is replacing fossil H₂ in refineries/chemicals; a headline project is Stegra’s Boden green steel plant (startup planned 2026) with auto/data-center offtake.
• Net: early leaders (India, China, Europe) combine supportive policy, renewable access, and existing industrial demand—key ingredients to keep projects moving.

Source: FactSet Insight — “Regions and Sectors Fueling Today’s Green Hydrogen Growth” (October 2, 2025).