Business Finland has awarded an investment grant of EUR 60 million to P2X Solutions for the development of a renewable hydrogen and synthetic methanol production plant in Joensuu, Finland. This investment is crucial for the final investment decision scheduled for 2025. The European Commission's IPCEI status has recognized P2X Solutions' project as significant for Europe's hydrogen economy. The planned 40 MW renewable hydrogen production will target the marine and aviation sectors for emission reduction. The plant's location in Joensuu, next to Savon Voima's biopower plant, showcases an integrated circular economy approach by utilizing biogenic CO₂ and waste heat. P2X Solutions aims to pioneer green hydrogen production and contribute to a cleaner world through innovative technology and sustainable practices.