Advent Technologies moves forward with €34.5m RHyno project

Advent Technologies Holdings, Inc has announced its wholly owned Greek subsidiary, Advanced Energy Technologies S.A. has submitted five required deliverables to the European Climate, Infrastructure and Environment Executive Agency (CINEA) for its Renewable Hydrogen Innovative Technologies (RHyno) project.

The fuel cell and hydrogen technology space leader is also preparing to submit the first Progress Report this month, covering the initial six months of Advent’s €34.5 m RHyno Project which officially launched on April 1, 2025.

Image ©Advent Technologies

Advent’s Senior Vice President for Business Development, Dr Nora Gourdoupi, PhD, said: “At present, Advent is actively engaged in the predesign phase of the facilities, including all necessary procedures for obtaining the required permits.

“A first draft of the master plan is expected to be completed by the end of September.

“Additionally, the Advent RHyno Project website has been live since July 2025, providing current updates and information about the project.”

The Advent RHyno project involves the establishment of key infrastructure for developing and manufacturing innovative fuel cells, electrolysers, and their key components, including Advent’s Membrane Electrode Assembly technology at a megawatt (MW) scale.

RHyno aims to pioneer the use of innovative materials to enhance power density and lifespan while significantly reducing the weight and volume of power systems through a streamlined balance of plant.

The RHyno project intends to reinforce Advent’s position in the fuel cell market and at the same time, make a strategic entry into the highly evolving electrolyser market.

Funded by the EU Innovation Fund, the project will provide Advent with a total of €34,534,318 in non-dilutive grant funding over its duration.

For more information, visit www.advent.energy.