German producer of large-scale electrolyzers, Sunfire announced that received support for scaling up its technologies as part of the “Important Projects of Common European Interest” (IPCEI). Federal Minister for Economic Affairs Robert Habeck and Saxony’s Minister for Economic Affairs Martin Dulig personally handed over the 169-million-euro grant notification.
Sunfire is using the grant money to establish the first industrial series production of its electrolysis technologies. “Thanks to the grant, we can proceed faster and much more extensively than we would be able to with our own financial resources,” explains Sunfire CEO Nils Aldag, adding.” Sunfire is investing around 400 million euros in setting up industrial series production of its technologies and validating them in Saxony and North Rhine-Westphalia.
Photo courtesy of Sunfire
Press release https://is.gd/PHyYbU