Elcogen has been selected for the European Union’s 2024 Innovation Fund grant in Tallinn, Estonia. The grant, totaling €24.9 million, will support Elcogen’s expansion of its production capacity for solid oxide electrolyser cell (SOEC) and solid oxide fuel cell (SOFC) components in Estonia. This grant will aid in the transition to green energy and the efficient production of green hydrogen.
The EU’s Innovation Fund awarded €4.8 billion across 85 projects in 2024. These projects aim to reduce carbon emissions by 476 million tonnes over the next decade through advances in clean technology. Projects selected for this grant are evaluated on criteria like capital expenditure, scale, and sector focus, and included developments in cleantech manufacturing for renewable energy components, energy storage, heat pumps, and hydrogen production, alongside efforts targeting deep carbon reduction.
Elcogen is a clean energy technology company founded in 2001 that provides affordable solutions for green hydrogen production and emission-free electricity. The company’s core technology supports energy security and the transition away from fossil fuels, working at the heart of global net zero ambitions.
