Hydrogen Bank

EU awards over €1B to green hydrogen projects

EU awards over €1B to green hydrogen projects

The European Commission has selected nine renewable hydrogen projects to share around €1.09 billion in funding through the third auction of the European Hydrogen Bank, with Spain’s T2X among the winners. The auction-based scheme, run under the EU’s Innovation Fund, attracted 58 bids from 11 countries, requesting around €8.4 billion in support against a budget of €1.3 billion,...

Spain allocates €126m to unfunded EU hydrogen projects

Spain allocates €126m to unfunded EU hydrogen projects

The Spanish government has awarded two green hydrogen projects totalling 160MW €126.4m ($139m), after they missed out on the EU’s second oversubscribed European Hydrogen Bank (EHB) auction.Through the government’s Auctions-as-a-Service (AaaS) mechanism, project Orange.Bat in Castellon was awarded €82.5m ($91m) for its 100MW electrolyser project, while eM Numancia will...

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