By KYIV. Dec 7 (Interfax-Ukraine) – PrJSC MHP Eco Energy, engaged in the implementation and management of projects in the field of energy and ecology in MHP agricultural holding, has concluded an agreement to receive grant funding in the amount of EUR 1.367 million provided under the Horizon EUR ope research and innovation program of the EUR opean Commission.
The holding’s press service told Interfax-Ukraine the proceeds will be used to develop new innovative projects for the production of biomethane and green hydrogen in the EU and Ukraine within four years.
According to its data, a group of experts has been assembled to implement the program, which, in particular, includes representatives of the Bioenergy Association of Ukraine (BAU) and EUR opean research centers. Over the next four years, they will work to improve the efficiency of biomethane production and green hydrogen biomepthanization technologies to replace natural gas consumption and reduce the energy dependence of the Ukrainian and EU economies.
"Our team has become a leader and led one of the five innovative EUR opean teams for the development of new technologies for the production of biomethane and biogas in EUR ope. Thank you for the support of the BAU and the EUR opean Biogas Association for the strategic partnership and participation in the project. For MHP, this is an important recognition and responsibility to be among the high-tech companies of the world, which are also leaders of their teams," President of MHP Eco Energy Oleksandr Dombrovsky said.
Horizon EUR ope is a seven-year EU research program developed and approved by the EUR opean Commission, which provides for a 50% increase in EU science funding during 2021-2027 in order to overcome the crises caused by the spread of COVID-19 and other global challenges.
MHP Eco Energy is a separate division of MHP holding, founded in 2012. It is engaged in the production of biogas, the wholesale trade of solid, liquid, gaseous fuels and similar products, as well as electricity generation.
