TOKYO: The Japanese government said on Tuesday it will allocate up to 370 billion yen from its green innovation fund for two projects to accelerate research and development and promotion of hydrogen use over the next 10 years.
One will be an up to 300 billion yen project to create a large-scale supply chain of hydrogen and promote demand for the clean fuel. The other 70 billion yen project will develop a large-scale, cost efficient hydrogen production system by water electrolysis using electricity derived from renewable energy sources, the ministry said.
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