Monday 13 June 2022

BMVI and BMWi launch 62 large-scale hydrogen projects - NOW GmbH

BMVI and BMWi launch 62 large-scale hydrogen projects - NOW GmbH

The 8 billion euros in state subsidies are comprised of federal and state funds. About 4.4 billion euros come from the Federal Ministry of Economic Affairs; up to 1.4 billion euros from the Federal Ministry of Transport. The remaining funding will be provided by the federal states. In total, investments of 33 billion euros are to be triggered, of which more than 20 billion euros will come from private investors. The 62 large-scale hydrogen projects were selected from over 230 project outlines received and reflect the entire value chain of the hydrogen market.



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