In an upcoming development, Europe is gearing up for its largest green hydrogen tender to date. The tender, set to open in two months, will have a significant budget allocation of EUR 1.2bn, marking a substantial increase from the previous year. The European Hydrogen Bank's debut auction last year was hailed as a success, with price premiums dropping to as low as 37 cents per kilogram of hydrogen. This success has likely fueled the anticipation and optimism surrounding the upcoming tender. While specific details about the tender and its objectives remain behind the paywall, the news signifies a positive trend towards promoting green hydrogen initiatives in Europe. Stakeholders in the renewable energy sector, auction participants, and investors are expected to closely monitor the developments surrounding this high-profile tender.