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September 25,2024

KGAL Invests in 1050 MW Green Hydrogen Project in Germany

The KGAL ESPF 6 Energy Transition Fund is investing in Germany's largest hydrogen hub at Lubmin, targeting 1,050 MW capacity, with 210 MW planned by 2028. Shell has paused blue hydrogen projects in Norway due to low demand. HDF Energy's portfolio has grown, while the DOE announced $15 million for clean hydrogen research.

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