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Ukraine to gain a new green hydrogen production project

Ukraine to gain a new green hydrogen production project

Ukraine is set to gain a new green hydrogen production project being developed by MCL Group that will enable the production of hydrogen directly on consumer sites according to the company.

In doing so, the costs to transport hydrogen through logistical purposes will be significantly reduced creating cost-competitive hydrogen that is available within Ukraine.

Read more: Ukraine eyes the hydrogen opportunity
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DTEK joins Hydrogen Europe

For this project, a feasibility study will be conducted that will look to develop a green hydrogen production factory with a capacity of 20MW that will see a full return on investment within nine years.

The current project is currently in the investor search stage and is seeking investment opportunities to help fund the project.

This could significantly bolster the Ukrainian hydrogen economy and contribute in spearheading the energy transition in the nation.

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