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Germany Awards €200M Subsidy for UAE Linked Green Hydrogen Project

Jul 18, 2024
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For more hydrogen news: https://www.hydrogenfuelnews.com/featured-news/ Germany has awarded a €200 million subsidy to a UAE-linked firm through its H2Global funding vehicle to deliver a quarter million tonnes of hydrogen by 2027. This initiative aims to facilitate the ramp-up of hydrogen markets worldwide, supporting Germany's decarbonization efforts. The hydrogen, in the form of green ammonia, will be produced using 273 MW of renewable energy installed in Egypt. Shipments are expected to arrive between 2027 and 2033, with the cost at €4.5 per kg of hydrogen, cheaper than projected EU production costs. The project underscores Germany's need for large quantities of green hydrogen, both imported and domestically produced, for industrial use. #hydrogennews #greenhydrogen #cleanenergy 📚Grab Our FREE H2 ebook Today: https://www.hydrogenfuelnews.com/featured-news/ 🚘Like Cars? Check Out H2 Transport Here: 👔Thinking About Getting a Green Job? Renewable Energy Jobs Posted Daily: https://www.hydrogenfuelnews.com/alternative-energy-jobs/ 🧠👉Don't forget to connect with us across our various social media platforms: 😊Facebook: https://www.facebook.com/HydrogenFuelNews/ 📷Instagram: https://www.instagram.com/hydrogenfuelnews/ 🔗LinkedIn: https://www.linkedin.com/in/hydrogenfuelnews/ 🐦Twitter: https://twitter.com/hydrogenfuelnew ⏰Tiktok: https://www.tiktok.com/@hydrogenfuelnews
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