31.07.2024
Today, the government of Canada announced $300 million in Port Hawkesbury to support clean hydrogen trade with Germany. The funds will be allocated via a competitive auction process expected to be launched by the end of the year, following European Commission review of the proposed auction parameters and a similar funding commitment from Germany.
As part of the joint Canada-Germany Hydrogen Alliance, this initiative will help Canadian companies access German markets for their clean hydrogen and ammonia. It will also ensure Germany has access to competitively priced clean energy products produced by Canadian industry and driven by Canadian workers.
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