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Hydrogen: EU Commission approves €1.4 billion in funding

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Published: May 29th, 2024,
Last updated: May 28th, 2025

It is also expected that an additional €3.3 billion in private investment will be mobilized for the hydrogen projects.

Germany and six other EU countries have been granted €1.4 billion to support the hydrogen industry in the fight against climate change. The EU Commission approved the state aid on Tuesday, as the authority announced. Among others, Airbus and BMW are the only car manufacturers to participate in the projects. In addition to Germany, Estonia, France, Italy, the Netherlands, Slovakia and Spain are also involved in the so-called project of common European interest (IPCEI).

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