Finland’s first green hydrogen producer P2X Solutions’ project progresses: equity investments of EUR 20 million have been agreed
P2X Solutions, a Finnish green hydrogen and power-to-x technology pioneer, has reached an agreement on an equity investment of EUR 20 million in its funding round. The company has on December 8, 2021, signed an agreement with Enersense International Oyj, a creator of zero-emission energy solutions, for an investment of EUR 13–18 million in P2X […]
First green hydrogen production plant in Harjavalta
P2X Solutions, a Finnish pioneer in green hydrogen and Power-to-X technology, intends to build Finland’s first green hydrogen production plant in Harjavalta. When commissioned, the facility will produce green hydrogen for e.g. industrial needs by using electricity produced from renewable energy sources. The planned production facility has a capacity of 20 megawatts and as by-products […]
Anu Kankkunen appointed Partner and executive of P2X Solutions
Anu Kankkunen (MSc Economics) will become Partner and SVP Finance of P2X Solutions Oy, a Finnish forerunner of green hydrogen and Power-to-X technology. Ms Kankkunen has almost 30 years of experience from financial management positions in Finnish and international organisations. She joins P2X Solutions from Sanoma Corporation and will start working for the company on […]
Lifeline Ventures to partner in green hydrogen-producing P2X Solutions
Finnish venture capital firm Lifeline Ventures became a new shareholder in green hydrogen producer and Power-to-X technology pioneer P2X Solutions in a EUR 2 million directed share issue organized by the company. In addition to early-stage financing, Lifeline Ventures brings along its extensive experience and valuable expertise to the growth company. “Hydrogen solutions are being […]
Front-end Engineering Design of green hydrogen plant begins
P2X Solutions, a Finnish pioneer of green hydrogen and Power-to-X technology, has signed an agreement on the Front-end Engineering Design (FEED) of a hydrogen production facility with Sweco. The design is carried out in cooperation with various stakeholders, and it includes technical design of the project, plant location, specification and tenders of the main equipment, […]
Hitachi ABB Power Grids and P2X Solutions sign partnership agreement on electrification of Finland’s first industrial-scale green hydrogen production plant
Hitachi ABB Power Grids and P2X Solutions, a producer of green hydrogen and a pioneer in power-to-x technology, have signed partnership agreement to electrify a 20-megawatt (MW) hydrogen production plant. When completed, the plant will produce green hydrogen with electricity produced from renewable energy. Under the partnership agreement, Hitachi ABB Power Grids will be a […]
Esa Härmälä and Marjo Miettinen to join the Board of P2X Solutions
Two new and experienced members have been appointed to the Board of P2X Solutions Oy, a producer of green hydrogen and a pioneer in Power-to-X technology. Esa Härmälä, a long-standing contributor in the environmental, climate and energy industry will take on the position as Chairman of the Board. Corporate Executive Marjo Miettinen will join as […]
Kati Levoranta to join P2X Solutions as partner and executive
Kati Levoranta will join P2X Solutions Oy, a producer of green hydrogen and a pioneer in power-to-x technology, as partner and Executive Vice President responsible for developing operational and commercial activities. Levoranta has worked as the CEO of Rovio Entertainment Corporation in 2016-2020 and before that on significant infrastructure projects, e.g. in Nokia’s network operations. […]
P2X Solutions Oy has started conceptual design and the search for the plant location
The conceptual design of P2X Solutions and the search for the location of the first electrolyzer plant have begun in co-operation with Rejlers Finland Oy. The goal is to build a 20 MW electrolyzer plant, which will start producing green hydrogen with wind, solar or hydropower. Part of the green hydrogen will be refined utilizing […]