Dutch maritime hydrogen propulsion project consortium SH2IPDRIVE will get a €24.2m ($27.4m) subsidy from the R&D Mobility Fund in the Netherlands.

The subsidy will mean the diverse group of 25 companies and institutions will have a total project fund of €34m to work together on a broad innovation project to accelerate the introduction of hydrogen as a marine fuel.

The group, whose acronym stands for Sustainable Hydrogen Integrated Propulsion Drives, aims to develop safe, standardised, scalable and cost-effective solutions for zero-emission propulsion and energy systems for hydrogen-based ships.