Bavaria Grants EUR 55m to Green Hydrogen Projects
08.02.2024 By Tank Terminals - NEWS

August 02, 2024 [Renewables Now]- The German federal state of Bavaria has allocated EUR 55 million (USD 59.49m) in grants to eleven green hydrogen projects as part of the Bavarian electrolyser funding programme (BayFELI).

 

Each of the eleven projects, featuring electrolysers of between 5 MW and 8.5 MW, will receive EUR 5 million, the state’s economy ministry said last week.

The funding notices were handed over by the state’s economy minister Hubert Aiwanger last week.

“The companies now investing in hydrogen technology with our support are energy pioneers who will initiate widespread domestic hydrogen production. I thank these companies for their commitment to building a renewable hydrogen economy in the Free State. With hydrogen technology, we are uniquely combining high-tech innovation and climate protection,” Aiwanger said.

The programme with a total budget of EUR 150 million divided into two calls is designed to support the development of regional hydrogen production capacities to partially meet hydrogen demand in Bavaria.

The funding supports investments in the construction of electrolysers and directly associated plant components for the on-site production of renewable hydrogen.

The first funding call was oversubscribed by 3.5 times, demonstrating significant interest.

The second call was launched on June 17, 2024. Applications can be submitted until August 9.

Earlier in July, Aiwanger presented the state’s Hydrogen Strategy 2.0 to Bavaria’s Council of Ministers. Details about the strategy are expected to be published shortly.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ArcelorMittal Poland Plans to Build a Hydrogen Production Plant in Krakow
11.22.2024 - NEWS
November 22, 2024 [Gmk Center]- An investment of more than PLN 100 million will provide hydrogen ... Read More
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
11.22.2024 - NEWS
November 22, 2024 [Mcdermott]- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awa... Read More
MOL Group Signed Cooperation Agreement with KazMunayGas
11.22.2024 - NEWS
November 22, 2024 [World Pipelines]- MOL Group and Kazakhstani national oil company KazMunayGas (... Read More
Dialog's 1Q profit grows 14%, driven by midstream tank storage business and big opex drop
11.22.2024 - NEWS
November 22, 2024 [The Edge Malaysia]- Dialog Group Bhd’s net profit in the first quarter e... Read More