We are extremely proud to share that H2BE has been selected by the EU Innovation Fund in the ‘general decarbonization large scale’-category and has received an invitation to negotiate the Innovation Fund grant. The Innovation Fund is one of the world’s largest funding programs for the deployment of net-zero and innovative technologies that aims to bring to market solutions that decarbonize European industry and support its transition to climate neutrality while fostering competitiveness. This fund is crucial to help businesses invest in clean energy and industry while boosting economic growth and creating future-proof jobs.
H2BE represents a significant leap forward in our efforts to combat climate change. With this support from the Innovation Fund, the European Union recognizes the importance of H2BE in providing low-carbon hydrogen to industry and projects which are part of this innovative “first of a kind” ecosystem. This recognition will be instrumental in accelerating the development and deployment of H2BE that will scale up the production capabilities for low-carbon hydrogen in Belgium, as well as the infrastructure development for both low-carbon and renewable hydrogen. It also represents an important step forward for taking on the remaining challenges such as ensuring suitable policies from the European Commission and Member States on the low-carbon economy to allow a sustainable way to decarbonize our industries.
“Receiving this grant invitation is a huge stamp of approval from the EU for H2BE and for low-carbon hydrogen as a key decarbonization tool for Flanders, Belgium, and Europe. This funding is a testament to our commitment to innovation and sustainability. We are excited to collaborate with Equinor to bring this visionary project to life.”
Mathieu Ablard, Project Director of ENGIE
“We are very grateful for the EU IF’s recognition of the crucial role that low-carbon hydrogen will play in taking us to a net-zero future. We see this as an important step from the EU towards implementing policies and regulations that will enable our customers to commit to this value chain development. We greatly value our partnership with ENGIE in developing this project, where the complementary nature of our two companies and cultures enables us to achieve more by working together.”
Helene Røsand, Project Director of Equinor
For more information regarding the Innovation Fund, please visit Innovation Fund projects – European Commission.