HDF Energy will receive up to €172m ($183m) to support the development and industrialisation of hydrogen fuel cells at its plant in Blanquefort, France.
The grant was received after the European Commission approved French financial support for the project within the framework of the Important Projects of Common European Interest (IPCEI).
The approval will be a part of the Commission’s Hy2Move initiative and will ensure HDF can industrialise multi-megawatt fuel cells dedicated to heavy maritime and rail mobility, along with electricity production for public power grids.
Read more:European Commission approves €1.4bn in funding for hydrogen transportation
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