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PtX Development Fund Grants €30 Million to Moroccan Hydrogen Project

PRESS RELEASE – The PtX Development Fund 1 for the promotion of hydrogen projects in developing and emerging economies has approved its second grant, and closed its first call for expressions of interest. HydroJeel, a business of INNOVX, will receive €30 million for the Jorf Hydrogen Platform, located in the coastal regions of the Kingdom of Morocco. The second call for expressions of interest opened in January and is expected to close on 5 March 2025. 

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