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H2-View News: Austria awards €275m to four national hydrogen projects
Summary by H2 Energy Group
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H2-View News: Austria awards €275m to four national hydrogen projects
The funding will be distributed by the state-owned development bank, AWS, and is part of a wider national planto invest €820m ($951m) between 2024 and 2026 in the hydrogen industry. The four selected projects are considered the first stage of Austria’s broader hydrogen rollout. Specifically, funding will support large-scale electrolysis, infrastructure, and system integration – areas identified in Austria’s Hydrogen Promotion Act. Reports sugges…
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