Plagazi, a Swedish company, has successfully secured a €29.5m EU Innovation Fund grant to expand its waste-to-hydrogen production project. This initiative was chosen as one of 85 recipients out of 337 applications, following thorough evaluation of the firm's technology, business model, and potential. Plagazi's process involves converting non-recyclable waste into sustainable hydrogen through exposure to temperatures exceeding 3,000°C, supporting the EU's circular economy objectives and promoting long-term sustainability. The CEO of Plagazi, Soran Shwan, expressed gratitude for the grant, acknowledging the dedication of the team and the support from Zaz Ventures during the application process. This achievement underscores the importance of teamwork, collaboration, and a shared vision in driving impactful results. The EU's recent €4.8bn Innovation Fund push also included support for clean hydrogen projects and electrolyser manufacturing, further emphasizing the commitment to promoting sustainable energy solutions in Europe.