The funding will come from the Innovation Fund, using up to €40bn in revenues from the EU Emissions Trading System.
The selected projects, drawn from 359 applications, span 19 industrial sectors and focus on energy-intensive industries, renewable energy and energy storage, net zero mobility and buildings, cleantech manufacturing and industrial carbon management.
They include Luxia, Spain (green hydrogen for ammonia and methanol); Endor, Arcadia e-Fuels, Denmark (PtL for eSAF and eNAP using biogenic CO2 and hydrogen); H2CWay, Czech Republic – developing two IVECO FCEV buses; P2XH, Estonia – e-methanol production using green hydrogen for shipping and h2 for mobility; H2EAT, Italy – to manufacture 25kW hydrogen boiler for residental buildings; MAGHYC, Finland (blue hydrogen from bioLNG onboard new cruise ship); ODIN, Norway (retrofit 15 Cressna 208B Grand Caravans with hydrogen-electric powertrains); and RjukanLH2, Norway, to demonstrate RFNBO LH2 supply chain for shortsea container vessels and validate bunkering.
The developers of the projects have started the grant agreement preparation phase with the European Climate, Infrastructure and Environment Executive Agency (CINEA).
During this phase, the Commission and selected project promoters will finalise the funding contract, confirming the budget, timetable, technical deliverables and legal responsibilities. The results will be confirmed in the first half of 2026.
All awarded projects were selected through an evaluation by independent experts against their potential to reduce greenhouse gas emissions, degree of innovation, project maturity, replicability, and cost efficiency.
Wopke Hoekstra, Commissioner for Climate, Net Zero and Clean Growth, said today’s selection shows that Europe is turning its climate ambitions into industrial reality.
“The response to this call demonstrates the strength of our innovators and the determination of our companies to lead the global race for net zero technologies,” he said.
The European Commission selected 15 green hydrogen projects for nearly €1bn public funding following the second European Hydrogen Bank auction in May.
However just eight proceeded to grant agreement negotiations in September, as the bloc looks to offer funds to reserves.