Seven hydrogen projects across Finland, Norway, Portugal, and Spain will receive EUR 720 million ($771.6 million) from the European Hydrogen Bank. This initiative aims to boost hydrogen production by covering the cost gap between renewable hydrogen and its non-renewable counterpart.
The European Commission recently announced the first recipients of subsidies from its European Hydrogen Bank, with MadoquaPower2X consortium securing funding for its green hydrogen project in Sines, Portugal.
The European Commission’s recent announcement of €720 million in funding for seven renewable hydrogen projects marks a significant milestone in Europe’s transition to cleaner fuels.
Austria is set to embark on a significant journey towards sustainable energy backed by a substantial €400 million subsidy package facilitated by the European Hydrogen Bank (EHB).
The European Commission’s recent announcement regarding its pilot auction for green hydrogen production has stirred considerable excitement within the renewable energy sector. With a whopping 132 bids submitted from projects spanning 17 European countries, the auction has the potential to significantly bolster the EU’s domestic green hydrogen production targets for 2030.
European Commission has officially inaugurated the inaugural auction under the European Hydrogen Bank.
Evos Hamburg, Lother Group and E-Fuel GmbH create Hamburg Blue Hub Evos Hamburg, Lother Group, and E-Fuel GmbH will collaborate…
The European Commission (EC) announced that the European Hydrogen Bank will be operational by the end of the year and based on four pillars.
