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Japan commits $104 bn to hydrogen supply over 15 years

Japan’s Ministry of Economy, Trade and Industry (METI) introduced an updated version of its foundational hydrogen strategy in June 2023. This new strategy delineates crucial investment categories and domains while designating eight locations within Japan as concentrated hubs for hydrogen energy, making them eligible for subsidies. Consequently, several local governments have been inspired to spearhead investments in facilities related to hydrogen.