The order includes provisions to expand the plant by an additional 20 MW in a second stage. Metacon’s manufacturing partner, PERIC, will supply electrolysis stacks and certain other components according to Metacon’s specifications, with assembly at Metacon’s factory in Patras, Greece. This order also marks the start of Metacon’s previously announced technology collaboration with Siemens on both the design of the next generation of industrial electrolysers and the implementation of leading technology in Metacon’s European manufacturing.
Over the past year, Metacon has intensified efforts to develop a competitive offering in large-scale electrolysers for the industrial hydrogen market. This includes the establishment of European manufacturing under its own brand. The primary motivation behind the investment is to create leading and proven production systems at competitive prices through close collaboration with the company’s Chinese manufacturing partner, PERIC, a partnership established over several years. The contract with Motor Oil also marks the start of Metacon’s industrial strategy implementation, both in terms of sales and the gradual build-up of its own manufacturing capabilities in Europe.
The Motor Oil Group’s refinery in Ag. Theodoroi, Corinth, is the largest private industrial complex in Greece and one of the most modern refineries in Europe. The electrolysis plant will be assembled in Metacon’s factory in Patras, Greece, with Motor Oil responsible for on-site installation in Corinth, under the guidance and supervision of Metacon and PERIC.
”I am very pleased to be able to announce this contract, which is an important step in our investment in enabling hydrogen production solutions for the industrial segment and our own manufacturing of large-scale electrolysers in Europe,” commented Christer Wikner, CEO and President of Metacon. “I am proud that we have reached this milestone where large and highly demanding industrial customers such as Motor Oil choose Metacon in competition with other European and Asian suppliers.”
