The first green hydrogen projects are being scrutinised for project financing by Deutsche Bank, which fully expects Germany to start importing the fuel in 2025.
Australia needs to gear up fast to seize an opportunity to establish a trade route for green hydrogen to Germany, German financiers and industrialists say.
Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market.