Hamburg to back green hydrogen projects with EUR 223m

August 29 (Renewables Now) – The city of Hamburg will provide EUR 223 million (USD 223.15m) to co-finance the development of eight green hydrogen projects with an IPCEI status that are meant to advance the decarbonisation of the industry, energy and transport in the region.The financing was approved by Hamburg’s Senate last week.The selected projects will help the port city build a green hydrogen economy with a focus on supporting the transition of industrial companies in the region, changes in goods handling and transport for the maritime sector, the transformation of the road, rail, water and air transport and the upgrade of the existing energy infrastructure towards a climate-neutral economy.The German government has picked a total of 62 major green hydrogen projects across the country to receive federal and…

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