Advent Technologies' Greek Subsidiary Secures EU Innovation Fund Grant for RHyno Project
Key Ideas
- Advent Technologies' Greek subsidiary, Advanced Energy Technologies SA, has been awarded a grant from the EU Innovation Fund for the RHyno Project.
- The grant agreement is set to be finalized in the first quarter of 2025, with further details to be provided by the Company.
- This grant highlights Advent Technologies' leadership in fuel cell and hydrogen technology innovation.
- The project signifies a positive step towards advancing hydrogen technology within the EU market.
Advent Technologies Holdings, Inc., a prominent player in the fuel cell and hydrogen technology sector, has announced that its Greek subsidiary, Advanced Energy Technologies SA, has secured a grant from the EU Innovation Fund for the RHyno Project. The Company is set to provide more information on the grant and its conditions shortly, with the formal grant agreements anticipated to be signed by the first quarter of 2025. This development underscores Advent Technologies' commitment to driving innovation in the field of fuel cells and hydrogen technology. The awarding of this grant is a significant milestone that showcases the Company's dedication to advancing sustainable energy solutions. The RHyno Project is poised to contribute to the progression of hydrogen technology within the EU market, signaling positive growth and investment in this sector.