Wedoany.com Report-Dec 24, The Ministry of Enterprise and Made in Italy grants De Nora Italy Hydrogen Technologies another public funding for the Gigafactory project, within the framework of the IPCEI scheme, amounting to approx. Euro 31 million
The funding complements the amount already granted to De Nora Italy Hydrogen Technologies on July 3, 2023
Milan – Industrie De Nora S.p.a (“De Nora”) announces that the Ministry of Enterprise and Made in Italy has notified De Nora Italy Hydrogen Technologies S.r.l. (“DNIHT”) the granting of a public funding, in the form of reimbursement of expenses incurred, amounting to approximately Euro 31 million, in addition to the public funding already granted by the Decree of July 3, 2023, no. 2060, – as announced by De Nora with a press release on July 14, 2023 - up to the maximum value of the support due to DNIHT for the implementation of the activities of IPCEI Hydrogen 1.
The public funding granted by the Ministry is aimed at the implementation of the Italian Gigafactory project by DNHIT, a subsidiary of De Nora, in a joint venture with Snam S.p.A.
De Nora announces, moreover, that the Ministry of Enterprise and Made in Italy has accepted the request for an extension of 12 months, from 31 December 2025 to 31 December 2026, of the term for the completion of the IPCEI Hydrogen 1 project.
