The eye-popping figure pales in comparison to the astronomical $1 trillion in coal investments held by 4,488 institutional investors as of January this year.
ZSW’s HyFaB initiative received 10.5 million euros in funding and is aimed at accelerating the transition from small-scale to mass manufacturing of fuel cells.
The same week Glencore said it will abandon its coal mining interests in Colombia amid dropping profits, the country launched a proposal for its first battery storage system.