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01 May
12:16

EU awards first fixed renewable H2 subsidies

Europe’s first renewable hydrogen auction under the European Hydrogen Bank will award nearly €720 million ($768.4m) to seven projects, Kallanish reports. The selected renewable hydrogen projects are located in Finland, Norway, Spain and Portugal. Together, they will produce 1.58 million tonnes over 10 years. That is around 1.5 gigawatts electric (GWe) of capacity. According to the European Commission, the winning bids were between €0.37/kilogram…
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