| Project Detail |
The project concerns corporate research and development (RDI) in the field of hydrogen technology and renewable energy, as well as new production capacity for a new generation of alkaline electrolysers for the production of green hydrogen. This will cover research and development related to the improvement of the alkaline electrolyser technologies and industrialisation of their advanced manufacturing process. The first manufacturing facility will be built across two locations in France and Belgium during 2023.
Objectives
The aim is to contribute to develop EU-based hydrogen industry, for which it can be considered an enabler. The project caters for the transition to a hydrogen economy, thereby supporting the competitiveness and climate ambitions of the EU heavy industry. Due to its enabling character for the transition to a hydrogen economy, the project fully contributes to Climate Action (mitigation) objective. It meets the objectives of the Green Deal Industrial Plan proposed by the European Commission.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 250 million |
