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EU Supports Renewable Hydrogen Projects with Over EUR 700 Million in National Funding

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Spain, Lithuania, and Austria are set to allocate more than EUR 700 million (USD 739.5 million) in national funds to support domestic renewable hydrogen production projects through the Auctions-as-a-Service scheme within the European Hydrogen Bank (EHB), the European Commission (EC) announced on Monday. This funding boost brings the total mobilized for the second EHB auction

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