Elcogen Awarded €24.9 Million EU Grant for Green Hydrogen Production in Europe
Key Ideas
  • Elcogen, based in Tallinn, Estonia, secures a significant €24.9 million grant from the EU Innovation Fund to enhance green hydrogen production in Europe.
  • The grant will support Elcogen in scaling up its manufacturing capacity of solid oxide electrolyser cell and solid oxide fuel cell technology.
  • The EU Innovation Fund aims to reduce greenhouse gas emissions by 476 million tonnes of CO2 over 10 years through the support of innovative low-carbon technologies.
  • Elcogen's CEO and COO express gratitude for the recognition and emphasize the importance of scaling up to meet the energy transition demands effectively.
Elcogen, a prominent European manufacturer specializing in green hydrogen and emission-free electricity technology, has been granted €24.9 million from the EU Innovation Fund to advance its operations in Estonia. The funding will primarily aid Elcogen in expanding its manufacturing capabilities for solid oxide electrolyser cell and solid oxide fuel cell technology. This development aligns with the EU's commitment to supporting low-carbon technologies that drive the reduction of greenhouse gas emissions. The Innovation Fund's selection of 85 projects for funding in 2024 aims to contribute to cutting 476 million tonnes of CO2 emissions over the next decade. Elcogen's leadership expressed gratitude for the recognition and emphasized the necessity of scaling up to address the increasing demands of the energy transition. The company's dedication to efficient and affordable green hydrogen production reflects its crucial role in Europe's green energy transition. The grant signifies a boost for Elcogen's efforts in advancing sustainable energy solutions and underlines the positive impact of its cutting-edge facility on the region's clean energy landscape.
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