Strategic Partnership for Large-Scale Hydrogen Production in Greece
Key Ideas
- Metacon AB, a Swedish company, secured a €10.6 million contract to supply a 20 MW high-pressure electrolyser unit to Motor Oil Hellas in Greece.
- The collaboration aims to strengthen both companies' positions in the European clean hydrogen market and contribute to the region's energy transition goals.
- The expansion of Motor Oil's hydrogen production site in Corinth, with Metacon's electrolyser unit, will increase the plant's capacity to 50 MW, making it one of Europe's largest hydrogen production facilities.
Metacon AB, a Swedish hydrogen production technology company, has signed a €10.6 million contract with Motor Oil Hellas to supply a 20 MW high-pressure electrolyser unit in Corinth, Greece. This project is part of the larger expansion of Motor Oil's hydrogen production site, aiming to boost the total plant capacity to 50 MW. The assembly will take place at Metacon's factory in Patras, Greece, and the installation will be overseen by Metacon and its Chinese partner, PERIC, making the Corinth plant one of Europe's largest hydrogen production facilities. The agreement aligns with Metacon's strategy to establish itself as a key supplier in the European clean hydrogen market, essential for the continent's energy transition goals. The collaboration with PERIC will enhance Metacon's competitiveness in large-scale electrolysis, offering efficient and cost-effective hydrogen production systems for the industrial market, contributing to the reduction of CO2 emissions in line with EU targets.
Topics
Europe
Technology
Energy Transition
European Market
Strategic Development
Industrial Sector
Climate Targets
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