Finnish Green Hydrogen Milestone with Sunfire Electrolyser Launch
Key Ideas
  • HydrogenOne Capital Growth plc notes the operational green hydrogen plant in Finland, using Sunfire's electrolysers.
  • Sunfire and P2X Solutions celebrate the commissioning of the 20 MW production plant in Harjavalta, a milestone for Finland's green hydrogen market.
  • Finnish government support aims for the country to produce at least 10% of the EU's hydrogen by 2030, with significant investments in renewables announced.
  • HydrogenOne's investment in Sunfire represents 28% of the Company's NAV, showcasing a significant commitment to green hydrogen technology.
HydrogenOne Capital Growth plc, a London-listed fund focusing on clean hydrogen investments, highlights the commencement of commercial operations at a new green hydrogen plant in Finland. The plant in Harjavalta, operated by P2X Solutions, marks a significant achievement with Sunfire's electrolysis technology. Sunfire and P2X Solutions collaborate on this project, aiming to boost Finland's green hydrogen market. Sunfire's CEO, Nils Aldag, lauds the project's importance in Europe, emphasizing the role of Sunfire's technology. The investment marks a crucial step in establishing green hydrogen at a commercial scale in Finland. Additionally, Ren-Gas has chosen Sunfire's technology for a 50 MW plant in Tampere, further solidifying Finland's position in green hydrogen production. Finland's commitment to green hydrogen is evident with plans to produce 10% of the EU's hydrogen by 2030, supported by substantial state funding for renewables. HydrogenOne's significant investment in Sunfire demonstrates a strong belief in the potential of green hydrogen technology.
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