Germany Invests EUR 4.6 Billion in IPCEI Hydrogen Projects
Germany has granted EUR 4.6 billion to support 23 IPCEI hydrogen projects as part of the Hy2Infra package, boosting the entire hydrogen value chain.
These projects, approved by the European Commission, include 1.4 GW of hydrogen production capacity powered by renewables, innovative storage solutions, and 2,000 km of hydrogen pipelines. Key projects, like the Hamburg Green Hydrogen Hub, will receive substantial funding for building a 100 MW electrolyser. This initiative is crucial for decarbonising Germany’s industry and energy sectors. Total investments are expected to reach EUR 7.9 billion by 2030. Read the detailed article here.