German Companies Plan to Spend $390 Million on Hydrogen Capital Projects, an Industrial Info Market Brief

The European Union and governments around the world are seeking to reduce greenhouse gas emissions to net-zero by 2050. In order to reduce the emissions, German companies like ITM Linde Electrolysis GmbH, GETEC green energy GmbH, Linde Gas Deutschland, and RWE AG are planning to invest $394.73 million in new hydrogen units in coming years.

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