The European Commission has added the Finnish clean energy market forerunner P2X Solutions’ green hydrogen and synthetic methane production plant project to the Important Projects of Common European Interest (IPCEI) list. In its project, P2X Solutions will construct 70 MW of green hydrogen production capacity and a methanation plant to produce renewable synthetic methane. This is in addition to the Harjavalta hydrogen and methanation plant now being under preparation for construction works and thus, will further contribute to the expansion of the domestic hydrogen transport market.
IPCEI projects throughout Europe can receive state subsidies more flexibly than usual. IPCEI projects aim for the largest possible positive spill-over effects on the European hydrogen value chain, research, and society.
“We are honoured to be involved in accomplishing the carbon neutrality and environmental goals shared by Finland and the whole of Europe in both industry and transport by producing green hydrogen and renewable synthetic fuels. We have already set up a considerable number of partnerships with European and domestic operators. The implementation of our IPCEI project also enables significant private investments in clean hydrogen technology”, describes Herkko Plit, CEO of P2X Solutions.
The site of P2X Solutions’ first industrial scale green hydrogen and renewable synthetic methane production plant has been prepared for the upcoming construction. According to the schedule, the Harjavalta plant will be completed in 2024. As part of the IPCEI project, the company is currently investigating the construction of a hydrogen and e-fuel production facility in Joensuu together with Savon Voima. P2X Solutions’ goal is 1,000 MW of electrolysis capacity in 2031.
P2X Solutions is a Finnish pioneer in green hydrogen and Power-to-X technology. We are accelerating the rise of the hydrogen market holistically and innovatively in all areas of the value chain. We operate as a producer and distributor of green hydrogen and synthetic fuel, and we deliver hydrogen plants in a customer-oriented manner, if necessary, on a turnkey basis. We will make the world cleaner – together. https://p2x.fi/