Swedish-based Metacon has secured an additional 20MW electrolyser contract for Motor Oil’s Greek green hydrogen refinery project, bringing total capacity to 50MW.
The Greek refiner ordered a 30MW pressurised alkaline plant, based on Chinese stack technology, from Metacon last August, with plans to use the green hydrogen output to partially replace grey hydrogen used at its Corinth refineries.
The new project extension is expected to be valued at €10.6m ($11.15m), adding to the original scope of €19.8m ($20.8m). It comes after Motor Oil secured a €111.7m ($117.6m) subsidy from the Greek Government to develop the project.
Metacon recently expanded a license and manufacturing agreement with China’s Peric, allowing it to use key components, including stacks, in its own-branded electrolysers manufactured in the EU.
The Swedish firm plans to assemble the entire 50MW at its factory in Patras, Greece, with Motor Oil overseeing on-site installation “under the guidance and supervision” of Metacon and Peric.
CEO and President, Christer Wikner, said Metacon and Peric could “enable large, cost-effective hydrogen production solutions” for industrial applications.
Metacon’s reliance on Chinese technology comes amid growing EU concerns over competition from cheaper Chinese alternatives.
The bloc’s latest green hydrogen funding auction includes criteria to limit the use of Chinese-made electrolysers in subsidised projects.
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