News & Updates
Jul 19, 2013
EU and Industry join forces to invest additional €1.4 billion in research and innovation on Hydrogen and Fuel Cell Technology
The European Commission, EU Member States and European industry announced this month that they will invest €1.4 billion over the next seven years in research and innovation partnerships for Hydrogen and Fuel Cell technology with the private sector and Member States under the programme Horizon 2020. These research partnerships will boost the competitiveness of EU industry in five Public-Private Partnerships, called “Joint Technology Initiatives” (JTIs). The Fuel Cell and Hydrogen (FCH) Joint Undertaking is one of five proposed research and innovation partnerships under Horizon 2020 and builds upon the success of the first generation of the programme from 2008-2013.
Hydrogenics applauds the European Commission’s proposal to renew and strengthen the Fuel Cells and Hydrogen (FCH) Joint Undertaking. Hydrogenics is a proud member of the New Energy World Industry Grouping (NEW-IG), the leading European industrial association working within the FCH to accelerate the market deployment of fuel cells and hydrogen technologies.
Europe continues to demonstrate that fuel cells and hydrogen technologies are a key element of its energy strategy. The EU needs to secure long-term clean energy supplies and reduce greenhouse gas emissions from its energy and transport sectors. Hydrogenics will continue to support these initiatives through participation by our manufacturing and technology centres. Growing demand in Europe has led Hydrogenics to expand its electrolysis manufacturing plant in Belgium and doubled the size of its PEM fuel cell and energy storage facility in Germany.
For more info about the Investment Announcement please click here.