PORSGRUNN, Norway, Oct. 23, 2024 /PRNewswire/ -- HydrogenPro ASA's (OSE: HYPRO) Danish subsidiary, HydrogenPro ApS, has been awarded a grant from the EU Innovation Fund of EUR 16.5 million for large scale production of next generation electrode technology that enables our well established and efficient high-pressure alkaline electrolysers to produce with industry-leading efficiency and reduce the Levelized Cost of Hydrogen further.
"This confirms EU's commitment to the energy transition and its acknowledgement of the importance of Hydrogen, their belief in our technology and their commitment to supporting the development of hydrogen equipment manufacturing. The awarded grant is a significant milestone for HydrogenPro's commercialisation of our unique electrode technology as lever for maintaining our position as a technology frontrunner and a positive signal to our present and future customers", says CEO of HydrogenPro Jarle Dragvik.
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