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ABB invests in Key DH Technologies to fuel green hydrogen growth
ABB invests in Key DH Technologies to fuel green hydrogen growth

ABB invests in Key DH Technologies to fuel green hydrogen growth

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.

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