Germany has initiated its largest green hydrogen import auction, worth 2.5 billion euros and potentially expanding to 3 billion euros with Dutch collaboration. The H2 Global Foundation manages the contracts for the government, ensuring long-term agreements for green hydrogen, ammonia, and methanol. This partnership aims to offer investment security for producers while securing reliable supply chains for buyers in Europe. The auction includes funding opportunities for producers from different continents to supply green hydrogen to Germany. The auction excludes synthetic sustainable aviation fuel due to the absence of bids in the previous tender. The government is prepared to cover potential losses with subsidies to ensure a competitive market. Markus Exenberger, co-founder of H2Global, highlights the importance of global cooperation in clean energy. Green hydrogen's role in decarbonizing industries like steelmaking is emphasized, leading to a focus on sourcing from regions with strong renewable energy potential, such as Africa. Overall, the auction signifies a significant step towards sustainable energy practices and international collaboration in the hydrogen market.