FRANKFURT, Germany -- The European Union is adding restrictions to its subsidy program for "green" hydrogen production that effectively lock out Chinese-made equipment as the bloc looks to avoid a repeat of the damage inflicted on its solar panel industry.
The change is being implemented with the second subsidy auction by the European Hydrogen Bank, slated to begin Tuesday. A project will not be eligible if electrolyzer stacks -- a key component of the equipment used to make hydrogen -- sourced from China account for more than 25% of output capacity.
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