BRUSSELS LAUNCHED HYDROGEN FUEL CELL UNDERTAKING PHASE TWO
July 5th, 2014
AUTOMOBILE companies have been asked to bid for financing from the second phase of the European Union’s (EU) fuel cells and hydrogen joint undertaking, which will sink EUR1.33 billion into hydrogen-based energy and transport fuel technology until 2020.Coordinated by the EU executive, the European Commission, the research scheme will see the EU contribute up to EUR665 million to projects, leveraging at least EUR665 million from private sources. Brussels has now launched this phase’s first call for formal proposals for financing. These, it said, will improve ...
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