Advent Technologies Reports Q3 2022 Results

Contributing sentiments towards policy:

59% : Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems, and the critical components for fuel cells in the renewable energy sector.
58% : On July 18, 2022, Advent announced that its Green HiPo project under the framework of the Important Projects of Common European Interest ("IPCEI") Hydrogen - Technology, received official ratification from the European Commission ("EC") of the European Union.
58% : According to a press release issued by the Hellenic Ministry of Development and Investments, the EC approved State Aid for Greece up to the amount of €800 million public expenditure, including €782.1 million for Green HiPo.
52% : With the execution of these agreements, the partners will work together to:The coalition will continue to focus on the integration of renewables - such as onshore and offshore wind, hydropower, and solar PV - and nuclear power into clean hydrogen production and the evaluation of clean hydrogen for use in transportation, including for medium and heavy-duty vehicles, heavy industry, power generation applications, and other appropriate uses consistent with decarbonization efforts.
42% : EBITDA differs from the most comparable GAAP measure, net income / (loss), primarily because it does not include interest, income taxes, depreciation of property, plant and equipment, and amortization of intangible assets.

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