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Germany pledges EUR 100 million per annum for sustainable energy tech testing

The German Federal Ministry for Economic Affairs and Energy has chosen twenty energy research consortiums to be eligible for EUR 100 million per annum in state funds. Their selection came after a nationwide competition as part of Germany’s “Energiewende” – its transition to renewable and sustainable energies.
"We aim to become the world number one in hydrogen technologies,” said Federal Economic Affairs Minister Peter Altmaier.

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The German Federal Ministry for Economic Affairs and Energy has chosen twenty energy research consortiums to be eligible for EUR 100 million per annum in state funds. Their selection came after a nationwide competition as part of Germany’s “Energiewende” – its transition to renewable and sustainable energies.

According to a statement on July 19, 2019, the grant money is intended to allow companies and universities to test out new technologies under real conditions. One focus is hydrogen.

We aim to become the world number one in hydrogen technologies. Hydrogen technologies offer enormous potential for the Energiewende, climate protection, and new jobs. With the laboratories we’ll be able to test how new hydrogen technologies can be applied under real conditions and on an industrial scale, said Federal Economic Affairs Minister Peter Altmaier.

Ninety proposals were made as part of the competition, and the ministry is taking steps to expand the program. An additional EUR 200 million will be available for laboratories in regions undergoing structural change. The German government plans to unveil a comprehensive “hydrogen strategy” by the end of the year.

This initiative shows how serious Germany is about making the transition to clean energy a reality. It should provide a major boost to this energy sector, said Jürgen Friedrich, CEO, Germany Trade & Invest (GTAI).

Germany Trade & Invest (GTAI) is the Federal Republic of Germany’s agency for promoting trade and investment to and from Germany. It advises foreign companies looking to expand their business activities in the German market.

GTA also provides information on foreign trade to German companies seeking to enter foreign markets. All inquiries relating to Germany as a business and investment location are treated confidentially. All investment services are available free of charge.

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