In Bulgaria, Renewables Now reported that Poland’s development bank BGK has formally signed agreements for $581 million in non-repayable loans to five domestic companies for investments in green hydrogen projects with an overall capacity of 343 MW.
The funding comes from the National Recovery and Resilience Plan (KPO) under its instrument for investments in hydrogen technologies, production, storage and transport, BGK said.
Support was available for projects involving the construction of Renewable Fuels of Non-Biological Origin (RFNBO) or low-emission hydrogen production facilities, including electrolysers and associated infrastructure, with a minimum capacity of 20 MW.
The beneficiaries include local energy companies Orlen SA, Lotos Green H2, Tauron Inwestycje, as well as medical devices maker focused on renewable energy Promet-Plast SC and bioethanol producer Bioagra.
More on the story.
