Germany allocates € 350 mln for international hydrogen projects.

The Ministry of Economy and the Ministry of Science of Germany have published a road map to finance international projects in the field of hydrogen energy. “In total, €350 mln will be allocated for financing projects until the end of 2024. The funds will be allocated to companies involved in economic production, funding in the form of grants, and will not be considered loans. The average allocation per project is €15 mln.