Today (Feb 17) marks a significant milestone in the hydrogen economy with Hy24, Mirova, CDPQ, and Technip Energies joining forces to make a “record largest” private investment in green hydrogen totalling €200m ($227m), the companies revealed.
With Hy2gen securing the funds through an investment round, the capital will be utilised to construct green hydrogen facilities in several geographies around the world in order to create e-fuels.
The hydrogen-based e-fuels are expected to be used across a range of sectors including maritime, ground transport, aviation, and industrial applications.
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