Japan companies to launch $1bn fund for hydrogen supply chains

Initiative to prioritize investments among IPEF countries

20240603N hydrogen tank

A liquefied hydrogen receiving terminal has been built in Kobe as part of a supply chain pilot project. (Photo by Atsushi Ooka)

ANNA NISHINO, Nikkei staff writer

TOKYO -- A coalition of more than 400 Japanese companies and organizations plans to set up a $1 billion fund as early as the fiscal half ending September to bolster hydrogen supply chains, with an eye on Japan's economic security, Nikkei has learned.

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