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23 Nov
18:04

Germany to fund hydrogen development in threshold countries

Germany plans to inject over €500 million ($521m) into the establishment of a new hydrogen fund run by the KfW (Kreditanstalt für Wiederaufbau) development bank. This is designed to significantly accelerate the development of a global hydrogen value chain and finance projects, in particular in developing and emerging economies. “Developing countries must also benefit from the value chains of the future,” German development minister Svenja Sch…
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