The installation would produce, annually, around 518 tons of green hydrogen, and the commissioning date is June 30, 2025, with the project being started in August 2022.
The project is partially financed by European funds, through the National Recovery and Resilience Plan.
The total amount is RON50.2 million (€10.04 million), of which the total amount eligible for European funding is RON36.5 million (€7.3 million).
Nova Hydrogen Production is part of the E-Infra group of companies, one of the strongest Romanian groups, active both on the energy market and in the field of energy infrastructure construction, perhaps better known to the general public for the fact that it operates the NetCity network. The group also includes the companies Nova Power and Gas, Electrogrop, and Wesee and is involved, together with Nuclearelectrica, in the project of small modular nuclear reactors that would be installed in Doicești. The group is controlled by businessman Teofil Mureșan.