European Commission approves €1.4 billion for hydrogen projects
- Admin
- May 31, 2024
- 1 min read
The European Commission has approved the IPCEI Hy2Move project to support research, innovation, and industrial deployment in the hydrogen value chain, involving 11 companies from multiple European member states. The project aims to focus on hydrogen technology in mobility and transport applications, including storage solutions and integration into road, maritime, and aviation sectors. The initiative promotes cooperation among companies and indirect partners, with a completion date set for 2031.
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