HydrogenOne Capital Growth plc – Finnish green hydrogen plant becomes operational using Sunfire’s electroysers
HydrogenOne Capital Growth plc, the first London-listed fund investing in clean hydrogen for a positive environmental impact, is pleased to note the start of commercial operations at a new P2X Solutions green hydrogen plant in Finland, using portfolio company Sunfire AG (‘Sunfire’) electrolysers.
Sunfire, a leading global electrolysis company, and P2X Solutions, a Finnish pioneer in green hydrogen and Power-to-X technologies, celebrate the commissioning of the production plant in Harjavalta. The Sunfire electrolyser is Finland’s first industrial plant for the commercial production of green hydrogen.
P2X Solutions relies on Sunfire’s proven pressurised alkaline technology for green hydrogen production. The Harjavalta plant’s production capacity is 20 MW.
Nils Aldag, CEO of Sunfire, said:
The electrolysis plant in Harjavalta is a flagship project in Europe.
“With the commercial operation of Sunfire’s electrolyser now underway, P2X Solutions has achieved a major milestone in accelerating Finland’s green hydrogen market. We are proud to be part of this pioneering project and congratulate the entire team on this outstanding achievement in Finland’s energy history.”
Dr JJ Traynor, Managing Partner of HydrogenOne Capital LLP, the Company’s investment adviser, commented:
This marks an important step for Sunfire, P2X Solutions and Finland, establishing green hydrogen at a commercial scale, and once again demonstrating the robustness of Sunfire’s product offering.
In addition to P2X Solutions, the Finnish project developer Ren-Gas has recently selected Sunfire’s technology for its 50 MW plant in Tampere.
Finland is emerging as a leading location for the production of green hydrogen, aiming to produce at least ten percent of the EU’s hydrogen in 2030, with €2.3 billion of state support announced recently for renewables, decarbonisation of industry and equipment supply chains.
As at 30 December 2024, HydrogenOne’s investment in Sunfire represented 28% of the Company’s NAV.
READ the latest news shaping the hydrogen market at Hydrogen Central
HydrogenOne Capital Growth plc – Finnish green hydrogen plant becomes operational using Sunfire’s electroysers, source
