Resato Hydrogen Technology, based in Assen, Netherlands, has secured a €25m venture debt facility from the European Investment Bank (EIB) to expand its production capacity for hydrogen refuelling stations. The company plans to increase its stations to 1,000 by 2030, with a focus on providing hydrogen to various vehicles across Europe. This initiative follows the successful operation of Resato's hydrogen refuelling station in The Hague since 2019, with over 55 units sold for public and private use. Hydrogen-powered vehicles are recognized for their efficiency in heavy-duty transportation and long-distance travel. The EIB loan, part of the InvestEU initiative by the European Commission, supports Resato's efforts in advancing clean energy solutions and promoting sustainability. The company aims to boost employment to 500-1,000 employees by 2030, contributing to job creation and economic growth. The investment signifies a step towards Europe's transition to a sustainable energy system, emphasizing the importance of innovative projects like Resato's in the green technology sector.