Hydrogen projects now valued at $330 billion but face challenges, says industry chief

A hydrogen liquefaction terminal of Linde chemical company is seen at the Leuna chemical park in Germany. PHOTO: AFP
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SINGAPORE - Across the globe, there are ambitious plans to ramp up production of hydrogen fuel, which is increasingly regarded as a key part of the global clean energy economy that will power nations while cutting polluting greenhouse gas emissions.

The global Hydrogen Council says it is tracking 680 projects valued at an estimated US$240 billion (S$330 billion), a dramatic increase from projects worth about US$160 billion six months ago.

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