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Green Hydrogen: Hamburger Hafen und Logistik (HHLA) Acquires Stake in H2Global foundation

By August 25, 2021 2   min read  (233 words)

August 25, 2021 |

Fuel Cells Works, Funding for HHLA's Hydrogen Project

Hamburger Hafen und Logistik AG (HHLA) will be actively involved in the newly founded H2Global foundation to successfully implement their hydrogen technology projects.

HHLA is already working intensively on the possibilities offered by green hydrogen for achieving its climate targets. ‘With our activities, we want to contribute to the Port of Hamburg becoming a hub for hydrogen distribution,’ Titzrath explained.

csm 050 210302 HHLA VORSTAND TITZRATH 7b7a349215The Chairwoman of HHLA’s Executive Board was elected Deputy Chairwoman of the Foundation’s Board of Trustees in an election held online. “I am delighted about the trust placed in me by the members of the Foundation.”

HHLA is already working intensively on the possibilities offered by green hydrogen for achieving its climate targets. “With our activities, we want to contribute to the Port of Hamburg becoming a hub for hydrogen distribution,” Titzrath explained.

Peter Altmaier, German Federal Minister for Economic Affairs and Energy, hailed the establishment of the foundation as a ‘genuinely historic project’ and added, ‘Germany must lead the way globally with hydrogen technology if we want to achieve our sustainability targets.’ A total of € 20 to 30 billion in funding is to be provided for the development of green hydrogen in Germany.

The H2Global foundation brings together numerous participants who want to contribute to the economic market launch of green hydrogen and its derivatives. The H2Global foundation is to implement a funding concept specially developed for this purpose.

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