Hintco is happy to announce that Germany’s BMWK has officially committed up to EUR 588 million for the two bilateral H2Global tenders with Canada and Australia. This follows previous declarations of intent signed in 2024 by Germany, Canada and Australia.
Germany’s firm fund allocation is expected to be complemented by Australia and Canada, resulting in total tender volume for both tenders of up to EUR 1.2 billion.
Timo Bollerhey, CEO of Hintco and co-founder of H2Global, commented on the announcement: “At a time of increasing uncertainty, Germany’s firm commitment to its bilateral tenders with Canada and Australia is encouraging, showcasing how governments can together leverage innovative instruments such as H2Global to tackle climate change. “
Following the soon-to-be launched bilateral tender between the Netherlands and Germany, which brings two importer countries together; the envisaged bilateral tenders with Australia and Canada will see exporting and importing countries join forces. Production will take place in the co-financing partner country, further strengthening the diversification of the global production of clean hydrogen and derivatives.
Once Germany secures state aid notification for each of the bilateral tenders from the EU Commission, Hintco will provide information on the tender processes, eligible projects, and application timeline.
We invite interested producers or consumers of hydrogen and hydrogen derivatives to register to be notified of any updates: