Canada, Germany invest $600M in hydrogen export projects
Summary: Canada and Germany have announced a $600 million investment to develop Atlantic Canada's hydrogen export industry, with each country contributing $300 million. This initiative aims to support projects converting wind energy into "clean hydrogen" for export to Germany, addressing energy supply disruptions due to the Ukraine conflict. The partnership follows a 2022 agreement to establish a transatlantic hydrogen supply corridor, with exports expected by 2025.
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