- Metacon AB signed a final deal with Motor Oil to supply an additional 20 MW hydrogen unit, completing a 50 MW project in Corinth, Greece.
- The project at Motor Oil’s refinery will be one of Europe’s largest electrolysis-based hydrogen production plants.
- The facility supports Greece’s hydrogen strategy, contributing to the EU-backed “Hydrogen Valley” initiative and a planned hydrogen refuelling network.
Swedish company Metacon AB has signed a final agreement with Motor Oil (Hellas) Corinth Refineries S.A. to deliver an additional 20 MW hydrogen production unit. This deal increases the total capacity of the Corinth hydrogen project to 50 MW, following an earlier contract for 30 MW.
Metacon will assemble the electrolysis units at its Patras facility, while Motor Oil will manage the on-site installation at its refinery complex in Agioi Theodoroi. Both companies will work with Metacon’s Chinese technology partner, PERIC, to ensure smooth execution. Siemens, Metacon’s long-term technology partner, will provide key contributions to the hydrogen production system, which relies on water electrolysis technology.
To streamline timelines, the 20 MW extension will be delivered alongside the initial 30 MW project. This facility will support Greece’s hydrogen ambitions, which include plans for a hydrogen refuelling station network and a European Union-backed “Hydrogen Valley” initiative.
Motor Oil operates Greece’s most significant private industrial complex, recognised as one of Europe’s most modern refineries. The new hydrogen project will play a key role in the company’s strategy for clean energy.
Christer Wikner, CEO and President of Metacon AB expressed his enthusiasm for the project. “The 50 MW hydrogen plant in Corinth will stand as one of Europe’s largest,” he said.
This project reinforces the drive toward large-scale hydrogen production in Greece. It also marks a critical milestone for Metacon, aligning with its strategy to integrate hydrogen production solutions into Europe’s infrastructure.
Motor Oil has outlined plans to develop a national network of hydrogen refuelling stations. The Corinth facility will significantly contribute to these goals, advancing Greece’s shift to renewable energy.
The plant’s hydrogen will come from water electrolysis, which plays a key role in Europe’s decarbonization efforts. Hydrogen will help reduce carbon emissions across transportation, industry, and energy sectors.
The partnership between Metacon, Motor Oil, and PERIC shows growing collaboration between European and Asian firms in clean energy. Siemens’ involvement highlights the advanced technological expertise needed for this large-scale initiative.
Once completed, the Corinth plant will serve as a model for hydrogen production in Europe. It will strengthen Greece’s role in the hydrogen economy, putting the country at the forefront of Europe’s clean energy transition.
Metacon, through this project, aims to expand its presence in Europe’s renewable energy sector. By integrating hydrogen production into existing infrastructure, the company hopes to contribute to Europe’s goals for clean energy and reduce dependence on fossil fuels.
This agreement advances the development of large-scale hydrogen production in Europe and emphasizes the importance of international partnerships in achieving renewable energy goals.