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Elcogen secures €24.9 million EU grant for hydrogen tech expansion

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Elcogen has been awarded €24.9 million from the European Union’s 2024 Innovation Fund to expand its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Tallinn, Estonia.  This funding will enhance Elcogen’s role in advancing green hydrogen production and supporting the transition to green energy. The EU’s Innovation Fund allocated €4.8 billion across 85 projects in 2024, targeting a collective carbon reduction of 476 million tonnes over the…

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EU Innovation Fund backs Statkraft’s hydrogen production project in Germany

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Statkraft has been chosen to negotiate a grant of up to €107 million from the EU Innovation Fund for its project, which includes a 200 MW electrolysis plant and a 50 MW heat pump system. The project has the potential to produce 20,000 tonnes of renewable hydrogen and 50,000 MWh of green heat annually, supporting greenhouse gas reduction initiatives in Europe. Statkraft has also signed letters of intent with potential customers for green hydrogen and…