ABB is to make an undisclosed investment in Key DH Technologies – the parent company of Hydrogen Optimized – as both firms seek to accelerate green hydrogen production.
It signals the expansion of an existing two-year strategic relationship and follows the German-Canadian Atlantic Renewable Hydrogen Expo in Stephenville, Newfoundland, which was attended by Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz, in which both countries established a hydrogen alliance.
Read more: Canada-Germany Hydrogen Alliance targets first exports by 2025
Hydrogen produced with low-to-zero carbon dioxide emissions is widely recognised as essential to achieving net-zero emissions by 2050.
... to continue reading you must be subscribed
