Hydrogenious LOHC has been presented with a funding grant of €72.5 million in Erlangen, city in Bavaria, Germany. German federal minister for Economic Affairs and Climate Action, Dr Robert Habeck, Bavarian state minister for Economic Affairs, Regional Development and Energy Hubert Aiwanger, and Bavarian state minister for Federal Affairs, Dr. Florian Herrmann, presented Hydrogenious LOHC with a funding grant in Erlangen.
Hydrogenious’ Liquid Organic Hydrogen Carrier (LOHC) technology enables hydrogen to be transported safely within the existing infrastructure for liquid fuels. As part of the Green Hydrogen at the Blue Danube project, a LOHC ReleasePLANT is being built that will supply up to 1,800 tonnes of green hydrogen to customers in the Bavarian Danube region from 2028.
Daniel Teichmann, founder and CEO of Hydrogenious LOHC Technologies, says: ‘The implementation and funding of the IPCEI projects is clear proof that the German government is pushing the development of a hydrogen infrastructure with great commitment. As an innovative Bavarian company, we are proud to play our part in this. LOHC technology is set to become an important building block in achieving the ambitious climate targets of Bavaria, Germany and Europe quickly and sustainably. Our Green Hydrogen at the Blue Danube project will contribute equally to the success of the energy transition and to maintaining Germany as an attractive economic environment.’
