Finnish company P2X Solutions has started commercial green hydrogen production at its facility that is first-of-a-kind in Finland and one of the first in Europe, it said on Wednesday.
A number of European companies, such as oil majors British BP (BP.L), opens new tab and Spanish Repsol (REP.MC), opens new tab or Norway’s aluminium and energy company Norsk Hydro NHY.OL, have either cancelled or put their green hydrogen projects on hold due to spiralling costs and regulatory hurdles among other reasons.
“We are among the first in Europe to start production of this scale,” P2X Solutions’ chief executive Herkko Plit told Reuters.
P2X, majority-owned by Swiss energy group Alpiq since last year, said its new production plant in Harjavalta, Western Finland, has a production capacity of 20 MW and will also include a methanation facility that will launch its operations at a later stage.
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