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Mr Bamford, whose family is known as the builders of JCB construction equipment, started the fund in the hopes of encouraging further investment in hydrogen that is described as “green.” This item can be made using water obtained via a renewable energy source.

The so-called ITZ Nord is part of the German government’s “National Hydrogen Strategy” for 2020, and it will create a new “German Center for Future Mobility” network.

Ukraine possesses all of the necessary conditions for rapid development in this area.

Starting in autumn 2021, Hynion will allow refueling of boats on car trailers at the company’s hydrogen station in Porsgrunn, Norway.

The funds are the result of an agreement between the company and the European Climate, Infrastructure and Environment Executive Agency (CINEA) in relation to the EU Green Deal 2.2. The financing comes from a $30 million consortium grant.

The aim is for the region to drive forward the green transformation faster, more connectedly and more sustainably.

Public Transport City Councilor Peter Hanke, Floridsdorf district chairman Georg Papai (both SP), Stadtwerke chief Martin Karjcsir, and the managing directors of the individual municipal utilities gathered on the outskirts to commemorate the occasion.

According to the vehicle’s description, the vehicle’s driving range is up to 600 kilometers (372 miles), and it emits no CO2.

It wants to be “technologically ready for blending up to 5% hydrogen into transportable natural gas” by the end of 2023, according to the company.

erEnergy is a leading manufacturer of high-temperature polymer electrolyte membrane (HT-PEM) fuel cells in the world, with sites in Denmark and the Philippines.