Advent Technologies Holdings, Inc., a leader in fuel cell and hydrogen technology, and DEPA Commercial, the main importer of pipeline natural gas and liquefied natural gas (LNG) in Greece, have signed a Memorandum of Understanding, launching the strategic partnership between them in hydrogen projects of common interest.
Read also – DEPA Commercial aims at 1 GW in RES through new acquisitions
The cooperation
The MoU sets out the framework for reaching an imminent mutually binding agreement. Specifically, the parties preliminarily agreed to complete the following actions:
• Collaboration for the production of environmentally friendly and green hydrogen as a fuel, with the participation of other major industrial partners.
• Joint development of a Combined Heat and Power (CHP) system based on proprietary and highly differentiated technology, which will be ready for mass production with efficiency approaching 90% and multi-fuel capabilities (hydrogen, natural gas, synthetic fuels). The systems will cover both current and future modes and use cases, as well as on- and off-grid energy generation.
• Creation of a “hub” for the Greek hydrogen and fuel cell industry and development of synergies for the promotion of hydrogen and related technologies.
DEPA CEO, Mr. Konstantinos Xifaras, lauded Advent’s advanced electrochemistry know-how and engineering experience as well as Advent’s team of experts. He noted that the new collaboration will contribute both to the diversification of the national energy mix and the security of energy supply, as well as to strengthening the national economy.
The President and CEO of Advent, Mr. Vassilis Grigoriou, added that the aim is to accelerate Greece’s transition to the production and transport of clean energy and to further strengthen the two firms’ joint presence on the global hydrogen map.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.
Greek Kiwifruit Exports Smash 200,000-Ton Mark, Setting New Record
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.
Easter Tourism Boom: Greece Sees 18.3% Surge in Hotel Bookings
Among foreign markets, Israel has emerged as the biggest growth driver, with hotel bookings more than doubling—up 178.5% year-on-year.
Greece to Launch Fast-Track Tender for Offshore Hydrocarbon Exploration
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor
American-Hellenic Chamber of Commerce to Open Washington D.C. Branch
AmCham's new office aims aims to deepen U.S.-Greece economic ties and promote investment and innovation between the two countries
Why Greece’s New Maritime Spatial Plan Is a Geopolitical Game-Changer
This landmark development is more than just a bureaucratic step — it's a strategic declaration about how Greece intends to use, protect, and assert control over its seas
Eurozone Inflation Eases to 2.2% in March
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.
Bank of Greece: Primary Gov. Surplus €4.1b Jan.-March 2025
The data released today by the Bank of Greece revealed that the central government’s overall cash balance recorded a surplus of €1.465 billion in the first quarter of 2025, compared to a deficit of €359 million in the corresponding period of 2024.
Greek Government Reissues 10-Year Bond Auction for €200 Million
The amount to be auctioned will be up to 200 million euros, and the settlement date is set for Friday, April 25, 2025 (T+5)
Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy
![Πλημμύρες: Σημειώθηκαν σε επίπεδα ρεκόρ στην Ευρώπη το 2024 [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/04/FLOOD_HUNGRY-90x90.jpg)
