Germany has prepared a loan for Ukraine to develop projects in the hydrogen energy and plans to provide further financial assistance in this sector, German Foreign Minister Annalena Baerbock has said.

"We, like the EU, invest in many projects in Ukraine. Therefore, the last time I made it clear that with regard to hydrogen, we will implement projects together with German business. Therefore, we have prepared a financial loan and are planning further financial assistance in this sector, because we, as a partner, are on the side of Ukraine," Baerbock said at a press conference with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv on Monday.

In turn, Kuleba said that Ukraine and Germany agreed on concrete further steps in this area.

"We all know the subject of Nord Stream 2, but our countries do not live by it alone. We have a serious future that we want to create around renewable energy sources. In this regard, we paid special attention to projects in hydrogen energy, which should ideally connect our economies and be mutually beneficial for our states. We agreed on concrete further steps in this area," the head of the Ukrainian Foreign Ministry said.