Japan Hydrogen Fund Launched with Over $400 Million Investment
Key Ideas
  • The Japan Hydrogen Fund, backed by investors from various sectors, has officially launched with over $400 million to establish a hydrogen supply chain in Japan and beyond.
  • Managed by Advantaged Partners and led by the Japan Hydrogen Association, the fund aims to support hydrogen production, storage, transportation, and usage facilities.
  • The fund's objectives include creating demand for hydrogen, reducing costs, and supporting businesses in the hydrogen value chains globally, contributing to the realization of a hydrogen society.
  • Japan, a frontrunner in the hydrogen ecosystem, recently passed the Hydrogen Society Promotion Act to provide a 15-year subsidy for low-carbon hydrogen, showcasing its commitment to hydrogen development.
The Japan Hydrogen Fund, launched with over $400 million in committed capital, is a significant step towards establishing a hydrogen supply chain in Japan and potentially beyond. This fund, managed by Advantaged Partners and supported by various investors from banking, hydrocarbon, and automotive sectors, aims to provide necessary funds to hydrogen supply chain companies and projects. It will support hydrogen production, storage, transportation, and usage facilities through collaborations with public and private institutions. The fund's objectives are to drive demand for hydrogen, reduce costs, and bolster businesses in the global hydrogen value chains. The establishment of this dedicated hydrogen fund marks a milestone in the hydrogen ecosystem development in Japan. Moreover, with Japan passing the Hydrogen Society Promotion Act, offering subsidies for low-carbon hydrogen, the country continues to demonstrate its commitment to advancing hydrogen technologies and transitioning towards a hydrogen society.
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