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31 Jan
10:43

EU greenlights €550m Italian state aid for industrial hydrogen

The European Commission has approved Italy’s €550 million ($596m) state aid to help industries switch from fossil fuels to green hydrogen, Kallanish notes.  The scheme will see Italy support each beneficiary with up to €200m of direct grants, delivered no later than the end of 2025, the commission said Tuesday. The grants will be open to companies relying on fossil fuels – either as an energy source or a chemical feedstock – in the…
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