Elcogen has been awarded grant funding from the Hy2 Tech initiative - part of the Important Projects of Common European Interest (IPCEI) to accelerate the production of affordable green hydrogen.
IPCEI Hy2 Tech supports projects working to accelerate the transition towards the use of green hydrogen to meet zero targets in Europe.
It includes companies from 15 EU Member States and contributes to a common objective by supporting a key strategic value chain for the future of Europe, as well as the objectives of the EU key policy initiatives such as the Green Deal, the EU Hydrogen Strategy and REPowerEU.
Elcogen’s role in IPCEI Hy2 Tech is to develop next generation clean energy technology that delivers affordable green hydrogen for European projects.
The company’s low-cost and innovative Solid Oxide Electrolysis (SOE) technology, produced with lower cost materials and sustainable components, enables the production of affordable green hydrogen.
Elcogen will integrate the company’s core technology into IPCEI partners’ system prototypes and design of advanced pilot lines to enable their industrialisation whilst reducing commercial costs and catalyse progress towards net-zero.
Enn Õunpuu, CEO of Elcogen, said: “Elcogen is already commercialising one of the market’s best performing Solid Oxide technologies for green hydrogen production, and we are very pleased to receive the IPCEI funding which recognises our role in enabling affordable green hydrogen production. The funding will be used to further develop.”
Elcogen awarded funding to help EU develop affordable green hydrogen technology
