A loan of 40 million euros has been announced for the development of the H2 Corridor project

Raphaël Schoentgen, member of the Bridge Tank’s board and Founder and CEO of Hydrogen Advisors, took part in the advisory consortium gathering Seiya, Element Energy France, and Hydrogen Advisors that, in support to French Occitanie Region and AdOcc, its economic development agency, and AREC, developed the Corridor H2 Project for heavy road transportation, for which an loan of 40 million euros was announced during the Energaia Forum on the 9th of December 2020. An agreement on this was signed between Carole Delga, President of the French region Occitanie, and Ambroise Fayolle, Vice-President of the European Investment Bank.

The H2 Project is dedicated to the development of high-capacity hydrogen distribution stations on the European road between the North Sea and the Mediterranean Sea, as well as across Occitanie, and to the production of an important number of heavy vehicles to transport goods and passengers. It therefore aims at transforming transportation in these area into a completely carbon-free one, which vehicles and refrigerated trailers relying on hydrogen technology.

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