Eunice's EUR 11m Green H2 Hub

• Eunice Energy Group is leading a consortium to create the Crete-Aegean Hydrogen Valley (CRAVE-H2) project. The EUR 11 million project will use renewable electricity to produce 500 tonnes of green hydrogen annually and cover the entire value chain. European Commission and Clean Hydrogen Partnership co-finance EUR 8 million.

Eunice Energy Group is leading a consortium to create the Crete-Aegean Hydrogen Valley (CRAVE-H2) project on Crete Island, Greece. The project aims to produce and distribute green hydrogen and cover the entire value chain, with a total budget of EUR 11 million. The European Commission and the Clean Hydrogen Partnership will co-finance EUR 8 million of the costs, while the remaining funds will be provided by the eight participating partners. The hub will use renewable electricity to produce 500 tonnes of green hydrogen annually, with the process initially supplied from a 3-MW solar park to be built by Eunice for EUR 2 million.

What Is Eunice's EUR 11m Green H2 Hub?

• The Crete-Aegean Hydrogen Valley (CRAVE-H2) is a hub for the production and distribution of green hydrogen on Greece’s Crete island.
• The hub is set up in Atherinolakkos in Lasithi prefecture and will produce 500 tonnes of green hydrogen annually, when commercial-scale operations are reached.
• The scheme has a total budget of EUR 11 million, of which EUR 8 million in will be co-financed by the European Commission and the Clean Hydrogen Partnership.
• The project consortium consists of 8 partners, including the Centre for Research & Technology Hellas (CERTH), PEM fuel cell maker Ballard Power Systems and Hellenic Electricity Distribution Network Operator SA (HEDNO).
• Eunice Energy Group will build a 3-MW solar park at a cost of EUR 2 million (USD 2.2m) to initially supply the process.