Global energy and consumer retail company MOL Group has inaugurated a ten megawatt (MW) capacity green hydrogen plant in Hungary, the largest of its kind in Central and Eastern Europe.
Located in Százhalombatta, the €22m ($23.4m) plant will be able to produce 1,600 tonnes of green hydrogen per year and reduce emissions at the nearby Danube Refinery by 25,000 tonnes of carbon dioxide (CO2) annually with operations starting in the second half of 2024.
According to MOL Group, technologies such as the electrolysis unit created by Plug Power will gradually replace the natural gas-based production process, which currently accounts for one sixth of the Group’s total CO2 emissions.
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