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European Commission approves up to €5.4B of public support for IPCEI Hy2Tech; 41 hydrogen projects

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The European Commission approved , under EU State aid rules, an Important Project of Common European Interest (IPCEI) to support research and innovation and first industrial deployment in the hydrogen technology value chain. It is an indispensable component for the diversification of energy sources and the green transition.

Hydrogen 293
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EC approves up to €5.2B of public support for second IPCEI in the hydrogen value chain

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The European Commission approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain. The Member States will provide up to €5.2

Hydrogen 195
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and notified by Austria, Belgium, Croatia, Finland, France, Germany, Greece, Italy, Poland, Slovakia, Spain and Sweden. Having batteries that are more sustainable throughout their life cycle is key to achieve our ambitious climate targets. billion (US$3.5

Batteries 482
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Kia outlines its path to achieving carbon neutrality by 2045; full electrification in major markets by 2040, in Europe by 2035

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A key element to this plan is the use of green steel, as the steel industry has traditionally been one of the biggest global carbon emitters. Climate Group’s RE100 is an initiative to transition to 100% renewable energy in electricity generation. Protecting marine ecosystems and offsetting carbon emissions.

Kia 395