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August 2nd 2024
Italy announces nearly €1bn in subsidies toward EU-approved hydrogen projects
The Italian government has announced today (Thursday) that it will spend more than €994m on subsidies towards hydrogen projects that had been included in the EU’s Hy2Infra Important Projects of Common European Interest (IPCEI) list.
The European Commission had itself announced earlier this year that up to 600MW of electrolysis capacity, as well as H2 pipelines, in Italy would be eligible for vast amounts of state aid via Hy2Infra, which effectively greenlit €6.9bn of government spending across seven European countries.
