Energy | 5 September, 2024 at 5:29 PM
MOL begins production at region's largest green hydrogen plant
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
MOL has begun production production at the Százhalombatta refinery, the largest green hydrogen plant in Central and Eastern Europe.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
E-Infra started the project of a green hydrogen plant of 5 MW, in Turda, financed by PNRR. The facility would produce, annually, about 518 tons of green hydrogen, and the commissioning date is June 30, 2025. The total value is RON50.2 million (€10.04 million).
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
