Air Products receives funding to build hydrogen refueling stations in Germany

(Reuters) - Industrial gas manufacturer Air Products and Chemicals said on Monday it has received funding to build two hydrogen refueling stations in Germany, which are capable of fueling a range of vehicles including trucks. The Pennsylvania-based company said it will build, own and operate the two high-capacity stations. The state of North Rhine-Westphalia, the funder of the project, plans to build 200 hydrogen fueling stations by 2030 and decarbonize heavy-duty transportation in the state. Hydrogen is one of the most abundant elements in the universe, and many countries are betting on the element as they seek to make their economies carbon-neutral.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Vijay Kishore)