Close Menu
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
LinkedIn X (Twitter) YouTube Facebook
Trending
  • BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects
  • Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value
  • Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback
  • India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission
  • VERBUND and Fluence Advance Germany’s Grid Stability with 92MW of New Battery Storage
  • Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub
  • Assam’s Pause on Green Hydrogen Policy Raises Investor Concerns Amid Shifting Incentives
  • Masdar and EnBW Team Up on Offshore Wind, Energy Storage and Green Hydrogen Development
LinkedIn X (Twitter) YouTube Facebook
Energy NewsEnergy News
  • NEWS
    • Breaking News
    • Hydrogen
    • Energy Storage
    • Grid
    • SMR
    • Projects
    • Production
    • Transport
    • Research
  • SPOTLIGHT
    • Interviews
    • Face 2 Face
    • Podcast
    • Webinars
    • Analysis
    • Columnists
    • Reviews
    • Events
  • REGIONAL
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle east
    • Pacific
  • COMMUNITY
  • ABOUT
    • Advisory Board
    • Contact us
    • Report Your News
    • Advertize
    • Subscribe
Energy NewsEnergy News
Home Home - Hydrogen
EU Backs €1.2 Billion Hydrogen Investment

EU Backs €1.2 Billion Hydrogen Investment

Anela DoksoBy Anela Dokso04/12/20241 Min Read
Share
LinkedIn Twitter Facebook Email WhatsApp Telegram

The European Commission has launched its second hydrogen auction, aiming to invest €1.2 billion in renewable energy projects.

This initiative supports the EU’s ambition to transition to a sustainable and low-carbon future, leveraging the potential of hydrogen as a clean energy source.

The auction seeks to accelerate the development and deployment of hydrogen technologies. By providing financial backing to innovative projects, the European Commission aims to reduce reliance on fossil fuels and foster the growth of renewable energy across the continent.

This initiative is part of a broader strategy to position Europe at the forefront of the global renewable energy market. The European Commission’s commitment highlights its support for industry leaders and innovators who are pivotal in shaping the future of sustainable energy.

Beyond public funding, the auction aims to attract private investors to the hydrogen sector. By reducing financial risks associated with early-stage renewable projects, the initiative encourages private entities to participate in and benefit from the green energy transition.

Share. LinkedIn Twitter Facebook Email

Related Posts

Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025
Batteries Lithium

VERBUND and Fluence Advance Germany’s Grid Stability with 92MW of New Battery Storage

15/07/2025
hydrogen

Malaysia Launches Hybrid Hydro-Solar and Green Hydrogen Hub

14/07/2025
Hydrogen

BP Eyes Offtakers for German Green Hydrogen Plant as It Retreats from UK Projects

15/07/2025
Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

Daimler Truck Defers Hydrogen Rollout but Maintains Strategic Confidence in Long-Term Value

15/07/2025
Chile's $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

Chile’s $16B H2 Magallanes Green Hydrogen Project Faces Environmental Pushback

15/07/2025
Green Hydrogen

India Expands Green Hydrogen R&D Push with Second Call for Proposals under National Mission

15/07/2025

Subscribe to Updates

Get the latest news from the hydrogen market subscribe to our newsletter.

LinkedIn X (Twitter) Facebook YouTube

News

  • Inteviews
  • Webinars
  • Hydrogen
  • Spotlight
  • Regional

Company

  • Advertising
  • Media Kits
  • Contact Info
  • GDPR Policy

Subscriptions

  • Subscribe
  • Newsletters
  • Sponsored News

Subscribe to Updates

Get the latest news from EnergyNewsBiz about hydrogen.

© 2025 EnergyNews.biz
  • Privacy Policy
  • Terms
  • Accessibility

Type above and press Enter to search. Press Esc to cancel.