The grant from the EU Regional Development Fund was awarded by the Flanders innovation and entrepreneurship funding organisation VLAIO to help the firm deploy its technology in the Port of Antwerp’s demonstration district.

P2H2 will install a “megawatt-class” electrolyser system based on its hybrid AEM technology, which it claims combines the lower costs of alkaline with the performance of PEM.

It works by combining AEM and alkaline liquid electrolyte layers to overcome membrane oxidation and the use of “unstable ionomers” in the anode.

The project, which was originally due to see the system installed in Q4 last year, will provide a proving ground for the technology.

Having raised over $18m in Series A funding last year to support the project, P2H2’s website states each party involved in the development has reached a “successful final investment decision”.

H2 View understands permits have been approved for initial site preparation, with final environmental permits now in progress.

P2H2 CEO Paul Matter said the new grant gave the firm a “tremendous opportunity” to demonstrate how the technology can pair with renewables.