Advent Technologies Receives Major Grant for Renewable Hydrogen Project in Greece
Key Ideas
- Advent Technologies Holdings, Inc. secures a significant €34,534,318 grant from the EU for its RHyno Project in Greece.
- The project aims to revolutionize hydrogen technology and fuel cells, potentially driving industrial partnerships and academic collaborations.
- Dr. Nora Gourdoupi and the team express pride and commitment towards the project's success, positioning Advent well for future developments and partnerships.
- Key figures like Jim Coffey and Gary Herman highlight the hard work and collaborative efforts that led to Advent's success in securing the grant.
Advent Technologies Holdings, Inc. has successfully secured a major grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) for its RHyno Project in Greece. The grant of €34,534,318 will support Advent's initiatives in the field of fuel cell and hydrogen technology. Dr. Nora Gourdoupi, the Senior Vice President, expressed pride in the team's efforts, especially highlighting the dedication of Dr. Olga Bereketidou in steering the project to completion. The RHyno Project is seen as a significant achievement for Advent and is expected to have a positive impact on Kozani, the Region of Western Macedonia, and Greece as a whole.
The project, which focuses on Renewable Hydrogen Innovative Technologies, aims to establish infrastructure for the development of innovative fuel cells and electr[...]ics. Jim Coffey, the Chief Operating Officer, emphasized the transformative nature of the RHyno project, citing the dedication of teams across multiple locations in Greece. The project's success positions Advent favorably for future industrial partnerships and collaborations with academic institutions. CEO Gary Herman praised the team's efforts, acknowledging their high ranking among 337 proposals in the Innovation Fund 2023 Call. The collaboration with key figures like PwC Greece, the European Investment Bank, and regional government leaders played a crucial role in securing the grant. The RHyno Project is poised to pave the way for advancements in hydrogen technology and fuel cells, showcasing Advent's commitment to innovation and sustainability.