First Hydrogen Corp. has expressed strong support for the European Commission’s inaugural call for hydrogen suppliers under the newly established Hydrogen Mechanism.
This strategic platform is designed to connect hydrogen producers with buyers across the EU. This initiative is a cornerstone of the EU’s Energy and Raw Materials Platform, designed to accelerate the growth of Europe’s clean-hydrogen sector.
The company highlighted that the Hydrogen Mechanism represents a proactive effort to stimulate hydrogen adoption, providing a clear pathway for de-risking projects, securing offtake agreements, and engaging with European financial institutions.
First Hydrogen sees this as an opportunity to advance its hydrogen-powered vehicles and green energy initiatives, including small modular reactor projects in Europe.
Balraj Mann, CEO of First Hydrogen, explained: “Europe continues to demonstrate strong leadership in building a robust hydrogen economy.
“First Hydrogen has developed and trialled hydrogen-fuel-cell-powered light commercial vehicles (FCEVs) and is working on green energy production opportunities in the UK, EU, and North America.”
Addressing longstanding industry challenges
One of the main hurdles in the renewable hydrogen market has been the absence of binding offtake agreements, which has delayed final investment decisions.
The Hydrogen Mechanism seeks to resolve this by offering a matchmaking platform that links hydrogen producers, project developers, and buyers, creating a more predictable commercial environment.
By streamlining the identification of partners and facilitating early-stage project financing, the platform is expected to drive broader infrastructure development and market confidence.
Key features and participation
The Hydrogen Mechanism aggregates voluntary data on both supply and demand for renewable and low-carbon hydrogen and its derivatives.
Open to domestic European and international suppliers, it broadens market access for qualified companies.
Participants can register to submit supply offers, review demand requests, and engage directly with potential offtake partners.
As the EU pushes toward climate neutrality by 2050 and energy independence from Russian fossil fuels by 2030, initiatives like the Hydrogen Mechanism are poised to play a critical role in shaping the continent’s sustainable energy future.
