Vireon Hydrogen Receives €3.8m Grant to Build Green Hydrogen Facility in Finland
Key Ideas
- Vireon Hydrogen has been awarded €3.8m to construct a 5MW electrolyser facility in Finland, becoming the country's first voluntary distributor of green hydrogen.
- The project, part of the Jyväskylä Hydrogen Hub, aims to establish a hydrogen refuelling station for heavy-duty transport, with initial operation expected by 2025 for five hydrogen-powered buses.
- The funding from Business Finland supports the hub's second phase, set to produce approximately 700 tonnes of hydrogen annually, promoting the use of renewable energy in transport according to Finland's distribution obligation.
- Vireon's Managing Director expressed optimism, stating that the grant will help complete the green hydrogen value chain in Jyväskylä, aligning the project with stringent EU rules for renewable fuels of non-biological origin.
Vireon Hydrogen has secured a significant grant of €3.8m for the construction of a 5MW electrolyser facility in Finland. This grant follows the company's designation as the country's first voluntary distributor of green hydrogen. The electrolyser will be an integral part of the Jyväskylä Hydrogen Hub, which aims to establish a hydrogen refuelling station catering to heavy-duty transport, with an initial focus on five hydrogen-powered buses by 2025. The funding, provided by Business Finland, will support the hub's expansion, targeting an annual production of around 700 tonnes of hydrogen. This initiative aligns with Finland's distribution obligation, which seeks to boost the use of renewable energy in the transportation sector, with specific quotas for renewable fuels of non-biological origin set to commence in 2028. Vireon's Managing Director highlighted the significance of this grant, emphasizing that it will facilitate the completion of the green hydrogen value chain in Jyväskylä, while ensuring compliance with the strict criteria outlined by the EU for renewable fuels.