German utility EnBW (EBKG.DE), opens new tab on Tuesday said it will make a 1 billion euro ($1.09 billion) investment in the country's planned national hydrogen transport network.

The infrastructure, planned for 2032, is meant to bridge the gap between newly produced and imported hydrogen, a clean alternative to fossil fuels in many industry and consumer applications.

"We have handed in concrete commitments," it said in a press release, adding its spending was part of an approval process that just opened.