PKN announced its merger with Lotos last year
PKN Orlen secures €158mn grant for 100MW green hydrogen plant
The European Commission has approved Polish state aid toward the electrolyser project, due to start operations in 2027
Poland’s PKN Orlen has secured €158mn ($174mn) in state aid towards a large-scale green hydrogen project developed by its special purpose vehicle Lotos, following approval by the European Commission. Lotos will install a 100MW electrolyser, along with 50MW of solar and 20MWh of battery storage, to produce up to 13,600t/yr of green hydrogen for use in PKN’s Gdansk refinery. The plant is due to start up in 2027. 130,000t/yr – PKN Orlen target for renewable hydrogen by 2030 PKN announced its merger with Lotos last year. The company targets net zero across all scopes by 2050 and a 25pc absolute reduction in CO₂e emissions from refining, petrochemicals and upstream businesses by 2030. PKN
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges
