Germany is launching the H2Global initiative, a €2.5 billion auction through Hintco to secure renewable hydrogen, ammonia, and methanol from sources outside the EU. This initiative aims to bring these clean energy sources into the German market. The auction is divided by regions, allocating at least €484 million to each region, including Africa, Asia, North and South America, and Oceania. The unique H2Global double auction model involves buying hydrogen at low prices globally and selling it at higher bids in Europe, with the government covering the price difference. The Netherlands is also involved in one of the supply lots. To participate, suppliers must adhere to strict EU RFNBO standards and operate electrolyzers with a minimum capacity of 5 MW, with applications closing in September 2025. The main goal is to accelerate the global hydrogen market, enhance price transparency, boost international clean energy trade, and advance industrial decarbonization. By establishing reliable supply chains for green hydrogen and ammonia now, Germany is paving the way for a more environmentally friendly future.