German energy group RWE AG (<a href="https://www.boerse-frankfurt.de/equity/rwe-ag-st" target="_blank">ETR:RWE</a>) will receive EUR 619 million (USD 674.09m) in funding to build a <a href="https://renewablesnow.com/news/rwe-gets-approval-for-200-mw-electrolysis-plant-in-germany-833283/" target="_blank">300-MW electrolysis plant</a> in Lingen, Lower Saxony, and a hydrogen storage facility in Gronau-Epe, North Rhine-Westphalia.