UK’s Octopus pens strategic green hydrogen agreement

By Molly Lempriere
Facebook
Twitter
LinkedIn
Reddit
Email
Octopus Energy is one of the UK’s largest utilities and owners of renewable assets. Image: Octopus Energy.

Octopus Hydrogen, the green hydrogen arm of UK utility Octopus Energy, has signed a strategic partnership to roll out green hydrogen projects across the UK.

Under the terms of the agreement, Octopus will collaborate with renewables developers Innova Renewables and Novus to design, build and operate green hydrogen production facilities at generation sites owned by Innova.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Innova and Novus have in excess of 4GW of renewables projects under development in the UK and the partnership will tap into that capacity to bring forward electrolysers with capacities of between 2MW and 20MW.

Electrolysers will be directly connected to renewable assets with power sales underpinned by power purchase agreements negotiated by the three parties.

Will Rowe, founder and CEO of Octopus Hydrogen said the partnerships were an “incredibly exciting step forward” allowing them to “develop and establish our decentralised model for green hydrogen production in the UK”.

“We need to see electrification wherever possible, for home heating and domestic cars, but we also need green hydrogen to help decarbonise the hard-to-abate parts of the transport sector.”

More on this story can be read on sister publication Current±.

Read Next

August 5, 2025
NextEnergy Capital (NEC), through NextPower V ESG, has acquired a 73MW agriPV portfolio in Campania, Italy.
Premium
August 1, 2025
Sustained private investment into UK solar is starting to produce results, at least with regard to the role of solar power in its energy mix.
August 1, 2025
Dutch pension fund APG has agreed to provide Octopus Australia with AU$1 billion to support its solar, wind, and BESS portfolio.
July 31, 2025
Lucy Nation has said bp paid the price for proceeding “too quickly,” resulting in its exit from the 26GW AREH project in Pilbara.
July 28, 2025
In a webinar hosted by Informa Markets, industry experts gathered to dissect the implications of the 45V clean hydrogen tax credit extension.
July 25, 2025
Oil and gas major bp has confirmed it will exit the Australian Renewable Energy Hub (AREH), a 26GW wind, solar and green hydrogen project planned for Western Australia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines