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,...

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