- Metacon AB signed a €10.6 million contract with Motor Oil Hellas to supply a 20 MW electrolyser unit, expanding the Corinth hydrogen plant to 50 MW.
- The new unit will be assembled in Patras and installed in Corinth, making it one of Europe’s largest electrolysis-based hydrogen production facilities.
- This partnership with PERIC strengthens Metacon’s position in Europe’s clean hydrogen market, supporting the EU’s efforts to reduce carbon emissions.
Metacon AB, a Swedish firm, has signed a €10.6 million contract with Motor Oil Hellas. Metacon will supply a 20 MW high-pressure electrolyser unit to expand Motor Oil’s hydrogen plant in Corinth. The new unit will raise the plant’s capacity from 30 MW to 50 MW.
Metacon plans to assemble the electrolyser unit at its factory in Patras and oversee the installation in Corinth alongside its Chinese partner, PERIC. The new addition will transform the Corinth plant into one of Europe’s most extensive electrolysis-based hydrogen facilities.
Hydrogen production plays a key role in Europe’s energy transition, and this deal strengthens Metacon’s position as a leading supplier. Metacon’s CEO, Christer Wikner, called the contract a significant step toward meeting its financial targets while expanding its presence in the European hydrogen market.
Motor Oil Hellas runs one of Europe’s most advanced industrial complexes in Corinth. The new electrolyser unit will further boost its hydrogen production. It aligns with Europe’s goal of increasing large-scale hydrogen output as part of its clean energy strategy.
Metacon’s partnership with PERIC ensures the delivery of cost-effective, high-performance hydrogen production systems. This collaboration helps lower hydrogen production costs and satisfies the growing industrial demand for hydrogen.
The push for large-scale hydrogen production will support Europe’s climate goals. This project will meet the rising demand for hydrogen across various industries as the EU continues its efforts to reduce carbon emissions. Metacon and Motor Oil Hellas will help accelerate the availability of hydrogen for industrial applications.
The agreement underscores hydrogen’s growing importance in Europe’s energy future. Metacon aims to be critical in driving Europe’s transition to renewable energy. The Corinth plant’s expanded capacity will enhance hydrogen’s competitiveness in the European market.
Metacon’s strategy aligns with its goal to expand its presence in the clean hydrogen sector. Metacon can deliver efficient and affordable hydrogen solutions to Europe’s industrial market through its collaboration with PERIC. This approach makes hydrogen a more attractive energy source for large-scale use.
Motor Oil Hellas intends to strengthen its hydrogen production capabilities with this project. The new electrolyser unit in Corinth will solidify its position as a European leader in large-scale hydrogen production. The plant will play a crucial role in helping the EU meet its climate and energy objectives.
The Metacon-PERIC partnership ensures the use of proven technology for the Corinth plant. Their joint effort will meet the industrial market’s needs with reliable hydrogen production systems. Metacon and Motor Oil Hellas will make substantial progress in advancing Europe’s clean energy transition.
This contract marks a significant achievement for Metacon. By partnering with PERIC, Metacon will further support Europe’s energy transition and advance hydrogen as a key resource for the industrial sector.