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The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help

CNBC · Anmar Frangoul · last updated

The move, announced on Thursday, represents the latest attempt to find a way to drive “renewable” or “green” hydrogen production costs down and make the sector competitive. The establishment of the joint venture — Siemens Energy will have a 74.9% stake, while Air Liquide will hold 25.

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