The second round of H2Global auctions will adopt a dual strategy, conducting two distinct auctions across different continents as part of the €3bn ($3.1bn) tender.
To support global supply chains, part of the funding will be distributed through regional auctions in North America, South America and Australia, Asia, and Africa.
The “global lot” will be jointly financed with funding from Germany and the Netherlands, committing up to €2.7bn ($21.8bn) and €300m respectively, whilst additional funding allocations from Germany for European-specific tenders are under discussion with the EU.
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