SardHy to receive funding for green hydrogen project under Hy2Use
The project is to develop green hydrogen and its industrial use in the Sarroch refinery in Sardinia.
SardHy Green Hydrogen is among the Italian beneficiaries of the €5.2 billion public support approved by the European Union within the IPCEI Hy2Use, aimed at supporting research and innovation, first industrial deployment and construction of relevant infrastructure in the hydrogen value chain.
SardHy was established based on a joint project of Enel Green Power and Saras to install a 20 MW electrolyzer at the Sarroch industrial site in the province of Cagliari. The plant, fueled exclusively by renewable energy from Enel Green Power, will produce green hydrogen for the Saras refinery to reduce its refining processes’ carbon footprint.
The amount of funding available for this second round is €5.2 billion, which will support 35 projects planned by 29 companies from 13 Member States, including Italy; the four Italian companies admitted to the second IPCEI on hydrogen will receive a total of 500 million euros.
Salvatore Bernabei, CEO of Enel Green Power, said, “In order for the use of green hydrogen to become more widespread, we need to work on technology and innovation, and this is why we have launched a collaboration with a partner like Saras.”
Dario Scaffardi, CEO of Saras, added, “We are convinced that this project represents an opportunity with great growth potential for our business, in line with the Saras Group’s objective of pursuing a decarbonization process consistent with the European climate neutrality targets.”