Boston, MA – April xx, 2022 – Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its Chairman & CEO, Dr. Vasilis Gregoriou, represented the Company at the Delphi Economic Forum VII: New Realities, which took place between April 6-9, 2022, in the ancient town of Delphi, Greece.

Dr. Gregoriou participated as a speaker in the panel “Can Hydrogen empower the energy transition”, along with Alexandra Sdoukou (Secretary-General, Energy & Mineral Resources, Ministry of Environment & Energy), Nikos Tsafos (Chair, Energy & Geopolitics, Energy Security & Climate Change Program, CSIS, USA), and Maria Rita Galli (CEO, DESFA). The session was chaired by George Fintikakis (Editor in Chief,

The discussion covered a wide range of topics, including:

  • European hydrogen strategy and plans to enable the faster penetration of hydrogen technologies across industries
  • E.U.’s timeline for developing an institutional framework concerning the purchase, distribution, supply, marketing, and use of hydrogen by households and businesses
  • The goals of the REPower E.U. plan and how it can accelerate the deployment of innovative hydrogen-based solutions and cost-competitive renewable electricity in industrial sectors
  • Greece’s position on the global hydrogen map and progress updates on the Important Project of Common European Interest (“IPCEI”) White Dragon Project (currently pending E.U. approval). If approved, the project will prominently feature Advent’s innovative fuel cell technology

Dr. Gregoriou stressed the great potential that green hydrogen holds for ensuring an environmentally cleaner and sustainable future for the planet, highlighting its ability to achieve true net-zero emissions and provide low-cost renewable electricity to billions of people. Referring to the current surge and volatility in energy prices, Dr. Gregoriou stated that the production cost of hydrogen is now competitive with fossil fuels and will decrease further.

Regarding Greece’s energy future, Dr. Gregoriou expressed the belief that the local production of green hydrogen can fill the energy gap by enhancing environmental protection and ensuring energy self-sufficiency. He described how the country’s favorable weather conditions make it a perfect fit for the production of green hydrogen and discussed the role of eFuels in accelerating decarbonization across industries through the utilization of existing flexible distribution networks.

Following the Prime Minister Kyriakos Mitsotakis on the highly strategic importance of the White Dragon project – an innovative integrated green hydrogen project in Greece– Dr. Gregoriou outlined the significant steps that have been made in the last year. Both government and private sector energy companies have demonstrated their commitment to decarbonizing power production rapidly.

The Greek government approved the White Dragon project as part of the first wave of the IPCEI projects. The White Dragon project is currently pending E.U. approval and is set to replace Greece’s largest coal-fired plants with renewable solar energy parks, supported by green hydrogen production (4.65GW) and fuel cell heat and power production (400MW).

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With more than 100 patents issued and licensed for its fuel cell technology, Advent holds the I.P. for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit

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Advent Technologies Holdings, Inc.
Michael Trontzos / Chris Kaskavelis
[email protected]