Advent Technologies Holdings, Inc., a key player in the fuel cell and hydrogen technology sector, has announced the signing of a grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for their RHyno Project. This landmark agreement will provide Advent with €34,534,318 in funding over the project's lifetime, emphasizing the Company's dedication to innovation in clean energy. Dr. Nora Gourdoupi, the Senior Vice President of Corporate Business Development, expressed pride in the team's accomplishment and highlighted the significance of the RHyno Project for Kozani, the Region of Western Macedonia, and Greece. The RHyno Project, focusing on Renewable Hydrogen Innovative Technologies, aims to establish infrastructure for groundbreaking fuel cells and electrolysers at a megawatt scale. By utilizing advanced materials and streamlining production processes, the project targets enhanced efficiency, reduced weight, and volume of power systems, catering to industries with high carbon intensity. The EU Innovation Fund's support underscores the importance of commercializing low-carbon technologies for Europe's transition to climate neutrality. Advent's success in securing the grant reflects their leadership in the clean tech sector and positions them for strategic partnerships and academic collaborations. The Company's focus on developing HT-PEM fuel cells and fuel cell stacks showcases their commitment to sustainable solutions, with applications spanning various industries from stationary and portable power generation to heavy-duty mobility. Advent's recognition as the top-ranked proposal in the Innovation Fund 2023 Call highlights their dedication to advancing clean energy technologies. With a strong focus on R&D and industrial innovation, Advent's RHyno Project sets a new standard for efficient and environmentally-conscious solutions in the fuel cell industry.