Plagazi, a green hydrogen technology firm based in Sweden, has recently been awarded a substantial grant of €29.5 million from the EU Innovation Fund. This funding is designated to propel the company's project, which focuses on the innovative conversion of waste into circular hydrogen using high-temperature plasma gasification. By subjecting various types of waste to extreme temperatures above 3,000°C, Plagazi's technology can efficiently produce green hydrogen, even from materials that are typically not recyclable. The financial support from the EU Innovation Fund will play a crucial role in expanding Plagazi's technology, enhancing its capability to support sustainable hydrogen production on a larger scale. This advancement highlights a significant step towards a more environmentally friendly approach to hydrogen production, ultimately contributing to the growth of green energy initiatives and promoting a circular economy.