A consortium including Flexens and Plug Power have signed a Letter of Intent (LOI) to advance the hydrogen economy in Kokkola, Finland.
Eleven parties signed the LOI, which aims to accelerate electrification and the industry by using clean hydrogen with the hydrogen ecosystem being built in Kokkola.
The LOI, signed in connection with Kokkola Material Week, will see a feasibility study conducted by Centrica University of Applied Sciences and draw up a fundable project, allowing Kokkola to begin building an ecosystem around clean energy, hydrogen and decarbonisation. Further cooperation will be completed by the University of Oulu, which was also involved in the LOI agreement.
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