The European Commission has approved a €111.7 million support measure for Motor Oil Hellas, a Corinth-based company, to produce renewable hydrogen in Greece. This funding, sourced through the Recovery and Resilience Facility, will aid in the decarbonization of mobility and industrial sectors, playing a pivotal role in initiating the hydrogen market in the country. The approved project, dubbed 'Green Hydrogen,' will involve the installation of a 50 MW electrolyser at the company's refinery in Agioi Theodoroi, operating on renewable energy sources. The generated renewable hydrogen will find applications in various sectors like mobility and sustainable fuel production. The financial aid will be in the form of direct grants, providing essential support for the company's ventures in clean energy and sustainable practices.