Mol inaugurates the largest green hydrogen plant of the region

MOL to produces 1,600 tonnes of green hydrogen per year using electricity from renewable sources.

MOL Group has opened a 10 megawatt capacity green hydrogen plant in Százhalombatta, the largest in Central and Eastern Europe . The €22 million investment will reduce the Danube Refinery's carbon dioxide emissions by 25 000 tonnes.

The Hungarian energy company will be able to produce 1,600 tonnes of clean, carbon-neutral green hydrogen per year. The investment is in line with the MOL Group's SHAPE TOMORROW corporate strategy to make the region more sustainable, competitive and self-sufficient.

“Using this technology, we are able to achieve the same emissions reduction as if we took roughly 5,500 cars off the road overnight. Today, our new green hydrogen plant is only making MOL's industrial operations greener, but tomorrow it will offer solutions for the whole industry and hydrogen mobility,” says József Molnár, CEO of MOL Group.

Plug Power's electrolysis equipment uses electricity from renewable sources to break down water into hydrogen and oxygen.

“We are thrilled to celebrate, in partnership with MOL, the inauguration of one of Europe's largest green hydrogen plants supporting a refinery,"stated Plug CEO Andy Marsh.