The federal government will provide 70% of the funding with the remaining 30% coming from the states of Baden-Wuerttemberg, Bavaria and Saarland.
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The grant is awarded for the Bosch Power Units project which has an IPCEI designation. As part of the project, Bosch aims to start mass production of highly efficient solid oxide fuel cells.
The funding comittment was handed over by German economy minister Robert Habeck during his visit to the Bosch research centre in Renningen, Baden-Wuerttemberg.
"Supplying the country with hydrogen from renewable energy will be crucial in the future in order to achieve the climate goals," said Baden-Wuerttemberg's prime minister Winfried Kretschmann who also visited the research centre in Renningen.
“We are extremely pleased that Bosch is now the first major European company to be able to start mass production of highly efficient solid oxide fuel cells thanks to the funding commitment from the federal government and it fits in perfectly with our hydrogen roadmap,” Kretschmann added.
Apart from the fuel cell technology, Bosch is planning to invest up to EUR 500 million in the development and mass production of stacks for proton-exchange membrane (PEM) electrolysers by 2030.
