Electriq Awarded RVO Grant for Hydrogen Powder Plant in port of Amsterdam
Electriq Global, a pioneer and industry leader in Solid Hydrogen Carriers was awarded a €1.1M grant from the Netherlands Enterprise Agency (RVO). Electriq's Hydrogen Powder manufacturing plant, slated to be built on Zenith Energy Terminals' grounds and powered by Zenith’s Renewable Energy, is scheduled to begin operations in 2026.
This pivotal project, which came to the Netherlands with the help of the Netherlands Foreign Investment Agency (NFIA) and its Invest in Holland partner 'Amsterdam in business' (aib), aligns with the Port of Amsterdam and the H2A association's vision to transform the port into a central hub for hydrogen carriers, with a target of handling 1 million tonsof hydrogen by 2030.
“This grant will enable us to continue the design and engineering of the first-of-its-kind Electriq Powder plant. Our breakthrough technology promises to significantly reduce production costs and drastically lower carbon footprint." stated Dr. Dmitry Lisitsin,Head of Powder Solutions at Electriq Global.
Jeff Armstrong, CEO of Zenith Energy Terminals, "We are very pleased to see Electriq's Powder plant receive RVO support. Our partnership with Electriq embodies our shared vision for sustainable energy solutions and Zenith's transition to storing zero-emission fuels on our Amsterdam terminal".
Dorine Bosman, Chief Investment Officer at Port of Amsterdam,emphasizes, "Port of Amsterdam strongly supports the Electriq Powder plant, as it aligns perfectly with H2A’s mission. The support granted by RVO is a great example of the close and essential collaboration between the public and private sectors, as we jointly strive for realization of the hydrogen economy.This initiative is a testimony to our collective commitment to foster a more sustainable energy landscape in the Dutch and European markets."
"We are thankful for RVO support," says Baruch Halpert,Exec. Chairman & CEO of Electriq Global. "We first received great help from the NFIA during our move to the Netherlands. This grant is a further significant step forward in our successful collaboration with our partners inthe Netherlands”.
About Electriq Global: Electriq Global, an Israel-based company, is spearheading the next generation of hydrogen solid carriers with its pioneering technology, Electriq Powder. This proprietary energy-rich powder redefines hydrogen storage, transportation, and delivery in ambient and non-pressurized conditions, revolutionizing the energy landscape.