EU awards €30mn each to three green hydrogen projects
Green H2 Atlantic, Refhyne and Greenhyscale all receive funding under Horizon 2020 scheme
Three green hydrogen projects have been selected by the European Commission to receive funding from its Horizon 2020 innovation funding scheme. Green H2 Atlantic, Greenhyscale and the Refhyne clean refinery development have each received €30mn ($34mn) grants to help develop their propositions. Green H2 Atlantic will develop a 100MW green hydrogen production facility adjacent to a coal-fired power plant in Sines, Portugal. The project will consist of modular electrolysers connected together that are able to ramp up and down quickly to deal with intermittent renewable generation. Construction should start in 2023, with startup expected in 2025, subject to securing the necessary authorisations
Also in this section
28 March 2024
Investment landscape is firming up in North African country with potential to become one of the world’s major exporters
22 March 2024
German energy firm and Canada-based Pattern Energy aim to ship green ammonia to Hamburg in latest move to secure imports to Europe’s largest economy
22 March 2024
French company prepares for commercial launch of underground storage system to be deployed at green hydrogen production and consumption sites
21 March 2024
Region has competitive edge in low-carbon hydrogen, but infrastructure and export challenges are key roadblocks to overcome