Driven by ambitious net-zero emission targets, the green hydrogen market is experiencing rapid growth as governments promote clean energy solutions to combat climate change.
Green hydrogen serves as a versatile, sustainable fuel for powering vehicles and other applications. Hydrogen fuel cell forklifts are already in use around the world, and the number of hydrogen-powered cars is expected to double by 2030.
Production costs continue to fall as technology and efficiency improve. As clean mobility is prioritized across all sectors, reliance on green hydrogen as a zero-emission energy carrier will escalate, supporting significant expansion opportunities in this transformational market.
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