ORLEN Group Secures $460m Funding for Hydrogen Projects in Poland
Key Ideas
  • ORLEN Group secures 1.7 billion zlotys ($460 million) in non-repayable funding under the National Recovery Plan (NRP) for its Green H2 and Hydrogen Eagle projects.
  • Projects aim to advance renewable hydrogen production through electrolysis using renewable energy sources and low-emission hydrogen from municipal waste, fortifying European hydrogen infrastructure while reducing CO₂ emissions.
  • ORLEN aims to achieve a total electrolysis-based hydrogen production capacity of 0.9GW by 2035, with a significant portion developed domestically in Poland. The strategy may also involve meeting additional demand through imports.
  • ORLEN VC invests in PEM electrolyser producer Hystar for comprehensive zero-emission hydrogen production, providing technological support for the projects. ORLEN's commitment reflects a positive outlook towards hydrogen's role in decarbonisation.
ORLEN Group has secured 1.7 billion zlotys ($460 million) in non-repayable funding under Poland's National Recovery Plan for its Green H2 and Hydrogen Eagle projects. The initiative focuses on advancing renewable hydrogen production through electrolysis using renewable energy sources and low-emission hydrogen from municipal waste. The Hydrogen Eagle project aims to create diverse sources for renewable and low-emission hydrogen by utilizing innovative waste-to-hydrogen technology. This funding will help fortify European hydrogen infrastructure while reducing CO₂ emissions. Additionally, ORLEN plans to achieve a total electrolysis-based hydrogen production capacity of 0.9GW by 2035, with most of it developed in Poland. The company also aims to meet additional demand through imports if necessary infrastructure is available. The recent investment in PEM electrolyser producer Hystar by ORLEN VC signifies a commitment to zero-emission hydrogen production and technological advancement in the sector. The sentiment towards hydrogen in the article is positive, with a focus on its role in decarbonisation and advancing sustainable energy practices.
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