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e200m-eu-hydrogen-funding-package-planned-for-argentina-energy-commissioner
© Alexandros Michailidis / Shutterstock
e200m-eu-hydrogen-funding-package-planned-for-argentina-energy-commissioner
© Alexandros Michailidis / Shutterstock

€200m EU hydrogen funding package planned for Argentina: Energy Commissioner

The European Commission is looking to offer Argentina €200m of funding to develop its green hydrogen industry in a bid to secure a future supply of the energy carrier.

Speaking at an EU-Argentina energy dialogue, Energy Commissioner, Kadri Simson, told officials renewable hydrogen would be a sector to benefit from the EU’s €45bn Global Gateway Investment Agenda.

It comes after the EU and Argentina signed a Memorandum of Understanding (MoU) to step up cooperation on renewables, hydrogen and more last year.

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