Poland’s development bank BGK has formally signed agreements for PLN 2.117 billion (USD 581m/EUR 498m) in non-repayable loans to five domestic companies for investments in green hydrogen projects with an overall capacity of 343 MW.

The funding comes from the National Recovery and Resilience Plan (KPO) under its instrument for investments in hydrogen technologies, production, storage and transport, BGK said in a press release today.

Support was available for projects involving the construction of Renewable Fuels of Non-Biological Origin (RFNBO) or low-emission hydrogen production facilities, including electrolysers and associated infrastructure, with a minimum capacity of 20 MW.