HHLA is already working intensively on the possibilities offered by green hydrogen for achieving its climate targets. 'With our activities, we want to contribute to the Port of Hamburg becoming a hub for hydrogen distribution,' Titzrath explained.

Peter Altmaier, German Federal Minister for Economic Affairs and Energy, hailed the establishment of the foundation as a 'genuinely historic project' and added, 'Germany must lead the way globally with hydrogen technology if we want to achieve our sustainability targets.' A total of € 20 to 30 billion in funding is to be provided for the development of green hydrogen in Germany.

The H2Global foundation brings together numerous participants who want to contribute to the economic market launch of green hydrogen and its derivatives. The H2Global foundation is to implement a funding concept specially developed for this purpose.

More information on the H2Global foundation(German)

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HHLA - Hamburger Hafen und Logistik AG published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2021 08:53:03 UTC.