We are excited to see the European Commission’s €4.8 billion grant dedicated to net-zero projects, with a strong emphasis on renewable hydrogen and maritime solutions. With support from the EU Innovation Fund, projects in 18 European countries aim to cut nearly 476 million tonnes of CO₂ in their first ten years of operation. To put this figure into context, it's equivalent to the annual emissions from 120 coal-fired power plants. Victor Åkerlund, Chief Analytics and Sustainability Officer at PowerCell Group, comments: “This grant is a powerful boost for net-zero projects, driving the shift to a commercial and OEM-focused market. This forward-thinking investment aligns with our mission to provide sustainable hydrogen electric solutions for sectors that are tough to decarbonise, reducing both local air pollution and CO₂ emissions”. PowerCell Group stands ready to enable the energy transition, with our hydrogen fuel cells delivering the capacity to tackle energy challenges through clean, efficient, and reliable power. Read the article on the EU grant by Offshore Energy here: https://lnkd.in/d5cZrMXH #EnergyTransition #HydrogenFuelCells #CleanEnergy
👏👏👏👏 Yes 👍
Business Developer - Mobile & Marine machines
3moImpressive! Well done and a very important step for a sustainable future 👍🌍⚡️