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What s in a name? ....

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Germany selects hydrogen projects for $9.7bn in state support


Germany selects hydrogen projects for $9.7bn in state support
May 28, 2021 12:35:pm
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by: Joseph Murphy
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Germany selects hydrogen projects for $9.7bn in state support
Germany s economy and transport ministries have selected 62 large-scale hydrogen projects for more than €8bn ($9.7bn) in state and federal funding, they announced on May 28.
The projects were picked from a list of over 230 investment proposals, as part of the EU s Important Projects of Common European Interest initiative. They include over 2 GW of electrolyser projects, representing 40% of Germany s goal for electrolyser capacity by 2030, as well as 1,700 km of hydrogen pipelines, various projects to decarbonise the CO ....

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Why investors are snapping up hydrogen stocks


Why investors are snapping up hydrogen stocks
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FILE PHOTO: A Hyundai Motor s Nexo hydrogen car is fuelled at a hydrogen station in Seoul, South Korea, August 13, 2019. REUTERS/Kim Hong-Ji
(REUTERS)
Thyagaraju Adinarayan,
, Reuters
Share prices of companies in the industry have soared more than 500% in the past year, driven by the rising adoption of zero-emission vehicles, a deadline set by many countries to go carbon-free by 2050 and lately US President-elect Joe Biden s support for clean energy
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LONDON :
An unprecedented rally in green hydrogen stocks looks set to extend as investors flock to companies which promise to produce the gas without using fossil fuels, expecting the technology to scale up over the next 10 years to justify rocketing valuations. ....

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