Singapore is preparing to allocate further investment funds to secure the region’s hydrogen future as part of a new strategic equity investment revealed on Wednesday (Jan 26).
The investment has seen Singapore’s sovereign wealth fund GIC securing a strategic investment in InterContinental Energy (ICE) with the company pioneering green hydrogen production at scale through a portfolio pipeline in Western Australia, Oman, and Saudi Arabia.
Read more: Singapore to expand low-carbon hydrogen technologies to support the energy transition
Read more: Singapore first: Shell to trial use of hydrogen fuel cells in ships
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