EU gives green light for $5,2 billion in state aid for hydrogen development.
The European Commission said it has approved 5.2 billion euros ($5.15 billion) in public funding by 13 EU member states aimed at boosting the supply of renewable and low-carbon hydrogen.
The state aid is expected to unlock 7 billion euros in private funding for a total of 35 projects involving 29 companies, the commission said.
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EU gives green light for $5.2 bln in state aid for hydrogen development, Amsterdam September 21, 2022
