HomeHydroBulgaria secured 8.2 million euros for Stara Zagora Hydrogen Valley

Bulgaria secured 8.2 million euros for Stara Zagora Hydrogen Valley

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Bulgarian Minister of Innovation and Growth Milena Stoycheva said in Dubai that the Stara Zagora Hydrogen Valley project would get EUR 8.2 million in EU funding.

Bulgaria’s pavilion at the UN Climate Change Conference COP28 in Dubai hosted a panel on industrial decarbonization technologies in Central and Eastern Europe. Minister Stoycheva, who is part of the country’s delegation, said one of the main goals of her ministry is to enable a sustainable digital and green transition for business.

She highlighted the significance of renewable energy solutions, decarbonization and hydrogen technologies. The ministry has invested in the development of the concept of a hydrogen valley including infrastructure in the area of Stara Zagora, with support from the European Commission, Stoycheva added.

Bulgaria aims to be among the pioneers in the hydrogen Valley concept

Bulgaria aspires to be among the 20 countries in the world with a working hydrogen valley, she said. The minister added that the project would receive EUR 8.2 million, obtained through the European Union. Hydrogen technologies will significantly support the decarbonization of Bulgaria’s economy, in her view.

The ministry noted that it issued a national hydrogen roadmap with a focus on hydrogen. It opens up an innovative segment for business and the economy as well as new investment opportunities, the statement reads.

Source: Balkan Green Energy News

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