Hygen, a low-carbon hydrogen developer, has secured a significant funding deal with HSBC UK to expand its production site in Birmingham and establish new locations across the UK. This marks HSBC UK's first venture into the green hydrogen sector, with a substantial asset finance agreement secured against Hygen's site at Tyseley Energy Park. The company, based at the Tyseley site, focuses on providing green hydrogen to clients like National Express and JCB to aid in their decarbonisation initiatives. Hygen's CEO, Kevin Selleslags, expressed the company's dedication to pioneering low-carbon hydrogen projects in the UK and highlighted HSBC UK's vote of confidence in their business and the potential of hydrogen as a sustainable energy source. The relationship director from HSBC UK, Akhil Shah, emphasized the importance of financial support for the green hydrogen industry's growth, stating that such investments are crucial for the transition to a net-zero economy. This deal underscores HSBC UK's commitment to supporting emerging sectors like green hydrogen and fostering the development of technologies essential for achieving a sustainable future.