Here’s the translation to American English:
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The Official Credit Institute (ICO) has officially announced funding of up to 7 million euros for the company Green Renewable Hydrogen S.L. (HVR), under the European Connecting Europe Facility – Alternative Fuels Infrastructure Facility (CEF-AFIF) program. This measure, aimed at promoting the decarbonization of the transport sector, also includes an additional grant of 4.2 million euros, highlighting ICO’s commitment to the energy transition.
The project, named ACTIVA, aims to install 20 green hydrogen refueling stations in the Trans-European Transport Network (TEN-T). These stations will be integrated into existing service locations and will be available for companies wishing to operate on a rental basis, thus providing more affordable access to renewable hydrogen without the need for an initial investment.
HVR, which is predominantly owned by Langur Holding Corporation S.L., seeks to promote sustainable mobility through this network of efficient and accessible hydrogen refueling stations. Since March 2023, with the opening of its first plant dedicated to the generation, storage, and supply of green hydrogen in Coslada, Madrid, it has demonstrated its technical capability and commitment to sustainability.
The hydrogen refueling station system proposed by ACTIVA will be modular and scalable, with the capacity to dispense up to one ton of hydrogen per day at pressures of 350 and 700 bar in a compact space of only 20 square meters, and with an installed power of 15 kW. Several companies in the automotive sector, such as BMW, TOYOTA, EXOLUM, and REPSOL, have expressed interest in this innovative project, which aims to eliminate barriers to access hydrogen in transport, contributing to the decarbonization goals set forth in the Alternative Fuels Regulation.
The CEF AFIF program, managed by the European Commission, aims to accelerate the development of infrastructure for alternative fuels in European transport, combining grants with repayable financing to support sustainable mobility in the TEN-T network. Since 2020, ICO has played a crucial role as a strategic partner, channeling European funds toward energy transition projects, with over 202 million euros directed to 14 initiatives to date.
With this new operation, ICO reaffirms its commitment to promoting sustainable infrastructures and its role as a key player in the energy transition of transport in Europe.
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via: MiMub in Spanish
