Air Liquide, a company which supplies industrial gases and services to various industries, and Siemens Energy, an energy company, formed a joint venture. Financial terms were not disclosed. “The creation of this Franco-German joint venture is a major step towards the emergence of a leading European renewable and low-carbon hydrogen ecosystem. By scaling up the production of large scale electrolyzers, Air Liquide and Siemens Energy will be able to provide their customers with access to large amounts of competitive renewable hydrogen and to decarbonize their activities. In line with its Sustainable Development strategy, Air Liquide is more than ever committed to making hydrogen a driving force of the energy transition and of the fight against global warming," François Jackow, Air Liquide CEO.