MOL, a leading Hungarian energy company, has inaugurated a groundbreaking 10 megawatt green hydrogen plant in Százhalombatta, Hungary, marking the largest facility of its kind in Central and Eastern Europe. With an annual production capacity of 1,600 tonnes of clean, carbon-neutral green hydrogen, the plant is a significant step towards reducing carbon dioxide emissions in the region. Utilizing electrolysis equipment from Plug Power, the plant breaks down water into hydrogen and oxygen using renewable electricity, producing no polluting by-products and even yielding pure oxygen alongside hydrogen. This innovative technology not only helps in reducing the carbon footprint of the Danube Refinery by 25,000 tonnes per year but also paves the way for a more sustainable and self-sufficient energy future for MOL Group. The investment of EUR 22 million in the plant demonstrates MOL's commitment to sustainability and corporate strategy, aligning with their vision to shape a more sustainable and competitive region. With plans to replicate similar plants in Bratislava and Rijeka, MOL Group aims to further enhance its environmental impact, with the latter plant expected to be operational by 2026. Ádám Horváth, the Vice President of New and Sustainable Businesses at MOL Group, emphasizes the versatile nature of green hydrogen and its role in fuel production, hinting at future applications in the transportation sector. The positive sentiment towards green hydrogen and its transformative potential in energy production positions MOL as a key player in driving the green energy transition in the region.