EU Startups
Summary
Gothenburg-based ClimateTech company Plagazi has officially secured a €29.5 million grant from the EU Innovation Fund for its flagship project, Gävle Circular Park (GCP), which aims to revolutionise hydrogen production through advanced waste gasification.
Plagazi also integrates community and regional economic benefits into its model. The pilot project is expected to generate over 20 jobs during its construction and early operation phases, with an additional 30 jobs anticipated as it scales to commercial production. Local suppliers will be prioritised, bolstering regional sustainable technology clusters and energy resilience. Surplus heat from the process will feed into the district heating network for localised energy circularity.
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