Advent Technologies Approved for €2.16 Million “RESCUE” Project

Core Insights - Advent Technologies Holdings, Inc. has launched the RESCUE project, a strategic initiative aimed at developing portable fuel cells for backup power during natural disasters, with a total budget of €5 million and a funding rate of 70% [1][2] Group 1: Project Overview - The RESCUE project aims to create a certified, portable 50 kW power generator system utilizing HT-PEM technology to provide reliable backup power in critical situations [2][3] - The project is a collaborative effort involving several partners, with DLR (Germany) as the project coordinator and participation from Advent Technologies (Greece), CERTH (Greece), THW (Germany), DTU (Denmark), and ProACT (Greece) [2] Group 2: Company Role and Contributions - Advent Technologies will serve as the primary technology provider, focusing on system integration and innovation, with the key deliverable being a dual-fuel portable power generator system [3] - The generator system will consist of a generator module and a fuel tank, each housed in separate 20-foot containers to enhance mobility and deployment [3] Group 3: Strategic Importance - The RESCUE project addresses the urgent need for sustainable, portable power solutions in disaster-stricken areas, emphasizing the importance of supporting essential infrastructure [4] - By utilizing hydrogen and hydrogen-rich fuels, the project aims to establish new standards for energy resilience and environmental sustainability [4] Group 4: Company Background - Advent Technologies Holdings, Inc. develops and manufactures complete fuel cell systems and supplies critical components for the renewable energy sector, holding over 150 patents related to fuel cell technology [5]