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Erredue S.P.A. ( (IT:RDUE) ) has shared an update.
ErreDue S.p.A. has signed a €1.4 million contract with RES – Recupero Etico Sostenibile S.p.A. to supply a hydrogen production plant for RES’s site in Pettoranello del Molise. This project is part of the RES-H2 initiative under the Next Generation EU plan, aiming to create a hydrogen valley through the production of green hydrogen from renewable sources. The plant will enhance RES’s technological capabilities, contributing to the circular economy and energy transition. ErreDue’s involvement underscores its role in advancing industrial innovation and environmental sustainability.
The most recent analyst rating on (IT:RDUE) stock is a Buy with a EUR10.50 price target. To see the full list of analyst forecasts on Erredue S.P.A. stock, see the IT:RDUE Stock Forecast page.
More about Erredue S.P.A.
ErreDue S.p.A. is a company specializing in the design and production of innovative and customized solutions for the on-site production, mixing, and purification of technical gases, including hydrogen, nitrogen, and oxygen. The company is positioned at the forefront of the energy transition, focusing on creating sustainable and decarbonized solutions.
Average Trading Volume: 5,059
Technical Sentiment Signal: Hold
Current Market Cap: €47.5M
For an in-depth examination of RDUE stock, go to TipRanks’ Overview page.