EU AND INDUSTRY TO INVEST EUR1.4 BILLION IN FUEL CELLS AND HYDROGEN
July 1st, 2013
THE EUROPEAN Union (EU) and the industry will invest an additional Euro EUR1.4 billion (USD1.8 billion) in the second phase of a public-private partnership meant to expand the use of clean and efficient technologies in transport and energy, according to an announcement made this week by the European Commission, the EU’s executive body. EU institutions and Europe’s transport and energy sectors (together) will contribute equally with EUR700 million each (USD915 million).The Fuel Cells and Hydrogen (FCH) Joint Technology Initiative (JTI) was first set up in 2008 ...
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