Snam-Hera Modena hydrogen hub gets €19.5mn boost
The Italian firms have received regional government funding, recently unlocked by the EU
Italian energy firms Snam and Hera have received €19.5mn ($21.3mn) in funding—recently unlocked by the European Commission—from the regional government of Emiliano Romagna for a planned green hydrogen hub in Modena, Italy. The IdrogeMO project will produce up to 400t/yr of hydrogen from an electrolyser connected to a 6MW solar farm with battery storage. The project will be sited at an exhausted landfill site, satisfying the requirement for brownfield development to access funding. The cost of the project is estimated to total €20.8mn. 400t/yr – Planned IdrogeMO production capacity “For Snam, IdrogeMO is the first Hydrogen Valley project dedicated to industrial applications and the tr
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges