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KfW approves €24bn loan for Germany hydrogen network

Gas
November 28, 2024

KfW Development Bank has approved a €24bn loan to support the construction of Germany’s national hydrogen core network.

The ambitious 9,040km link, which aims to be completed by 2032, will see existing natural gas pipelines repurposed and new hydrogen pipelines built.

Integrating potential hydrogen production sites and connecting key industrial centres will enable the industrial use of hydrogen as a climate-neutral energy source.

Stefan Wintels, CEO of KfW, said the construction of the network is a pioneering project and crucial for the ramp-up of hydrogen. The Federal Network Agency approved the core network of pipelines last month.

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Gas
August 19, 2026

Dover targets Indian cryogenics growth with Leistung acquisition

By 52 min ago 1 min read Illinois-based industrial products manufacturer Dover is looking to expand its footprint in the Indian cryogenics market, having signed an agreement to acquire Leistung…

Gas
August 19, 2026

Company profile: LanzaTech

By 28 min ago 2 min read For over two decades, LanzaTech has worked to transform waste carbon into a valuable feedstock, using industrial emissions and captured carbon to produce…