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advent-technologies-fuel-cell-project-set-to-receive-1-83m-in-funding
advent-technologies-fuel-cell-project-set-to-receive-1-83m-in-funding

Advent Technologies’ fuel cell project set to receive $1.83m in funding

Advent Technologies Holdings’ subsidiary has managed to secure funding approval for its latest hydrogen-based project.

Advent Technologies’ R&D project will be supported by the Danish Energy Technology Development and Demonstration Programme (EUDP) with approximately $1.83m, which is scheduled to kick off in Q2 2024 and span across three years.

The ‘Modular Efficient Power Generation with Advanced Fuel Cell Power Convertors’ project will pioneer the development of a modular, scalable, high-density DC-DC power convertor, specifically tailored for Advent’s next generation high temperature proton exchange membrane (HT-PEM) fuel cell applications.

Built on Ion-Pair™ membrane electrode assembly (MEA) technology, Advent is aiming to extend the expected lifetime of fuel cells by at least three times longer and delivering double the power density of its earlier fuel cell systems.

Morten Sørensen, Senior Vice President of Advent Technologies, said, “We express our gratitude to EUDP for placing their trust in our vision and eagerly look forward to embarking on a collaborative journey with our esteemed project partners.

“Collectively, we strive for the successful completion of this project, taking us a step closer to a future where HT-PEM fuel cell technology sets the standard in fuel cell usage.”

The Ion-Pair™ MEA commercialised by Advent was made available through the company’s participation in the US Department of Energy’s L’Innovator™ programme, and developed in collaboration with US research institutions, including the Los Alamos National Laboratory.

The technology is ideal for heavy-duty mobility applications and the manufacturing of its takes place in Kozani, Greece, as part of the EU-approved Green HiPo IPCEI project.

Read more:Advent inks agreement to develop hydrogen tech in Greece

Green HiPo will ensure the development, design and manufacture of HT-PEM fuel cell systems and electrolyser systems for hydrogen production. It is expected to contribute to the region of Western Macedonia’s transition from a coal-based economy to a greener economic model.

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