European Commission approves hydrogen funding
Published by Oliver Kleinschmidt,
Assistant Editor
Global Hydrogen Review,
On the 13 February 2025, the European Commission approved an additional €111.7 million funding support from the European Recovery and Resilience Facility allowing Motor Oil to expand the capacity of its existing renewable hydrogen project to 7500 tpy and to build vital infrastructure in order to establish a hydrogen market in Greece starting in 2026.
The project is highly innovative, complementary to its refinery operations and a significant stepping stone towards establishing a sustainable low-carbon energy hub at its Corinth refinery.
In a rapidly evolving world, the company’s ability to adapt and innovate is paramount. Guided by its values and a clear vision, it has become a diversified multi-energy group committed to achieving growth that is value-additive, sustainable, and responsible.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/17022025/european-commission-approves-hydrogen-funding/
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