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Author: Arnes Biogradlija
The central bank of Singapore has also committed S$100 million over the following five years for programs to develop sustainable finance capabilities in hydrogen transition.
The largest energy firm in Germany plans to evaluate the progress of the hydrogen economy twice a year.
A deal was signed in Munich that should be advantageous to all parties.
The new 100MW plant will be the first significant commercial green hydrogen production facility in Norway.
Germany has gathered the richest industrial nations to hasten the process.
Korea – The declaration was made in response to criticism that the country’s usage of fuel cells, which are thought to be one of the cleanest energy sources, has only been used in cars and power plants.
As part of the collaboration on hydrogen production, the parties will work together to encourage new investment into the green hydrogen sector in NSW and other States in Australia.
Three funds that support the economy and lower carbon emissions provide the funding for Air Products’ project.
HESTA, an Australian superannuation fund, has agreed to invest up to $100 million in three green hydrogen projects held by Countrywide Hydrogen subsidiary ReNu Energy.
Abdessalam Ould Mohamed Salah, Mauritania’s Minister of Mines and Energy, and Bernard Looney, the CEO of BP, both signed the memorandum.
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