STOCKHOLM, May 7, 2024
/PRNewswire/ -- Metacon AB (publ) and Siemens AB have signed a
Memorandum of Understanding to enter into a partnership with the
aim of accelerating the manufacturing of hydrogen production
systems in Sweden, for the
European market.
At the beginning of the year, Metacon announced that the company
has been granted exclusive rights for the manufacture of complete
electrolysis plants based on the partner PERIC's world-leading
technology for pressurized alkaline electrolysis modules (stacks).
One of the key components of PERIC's alkaline technology is
efficient and proven 5 MW modules with over 10 years of operating
data. Metacon also has access to the 10 MW module that PERIC
recently launched and which today, in terms of power and
production, is one of the world's largest. The rights apply to most
European countries and mean that Metacon can start from a proven
technology that has been developed and refined for over 60 years,
and make the adaptations required to match the requirements for
safety and automation found in European standards for hydrogen
production. With the exclusive right, Metacon now aims to become
one of the market leaders in Europe for this type of large-scale hydrogen
plants.
The joint MoU means that Siemens will become a technology
partner to Metacon to contribute with its solid experience in
delivering products, solutions and services in automation, power
distribution, electrification, instrumentation, building technology
and drives. Siemens will also be able to contribute with its wide
range of digital services and software for optimisation,
standardisation and simulation during both the manufacturing and
operational phases of hydrogen plants.
"Hydrogen is an important piece of the puzzle in the
industrial, energy and transport sectors to become CO2 neutral, and
is the focus of Siemens' global investment in Power-to-X. The
partnership with Metacon marks a milestone in our quest to create a
more sustainable world by, among other things, developing
innovative solutions for the energy sector," says Mikael Kraft, Head of Factory Automation and
Sales at Siemens Digital Industries.
"Metacon has big plans for the investment in the manufacture
and sale of large-scale electrolysis plants to, among others, the
basic industry, the wind power sector and the transport sector in
Europe. I have a hard time
imagining a better partner on such a journey than Siemens. With its
world-leading portfolio of technology, expertise and long-standing
experience of similar projects, this partnership gives us the
opportunity to both accelerate and optimize central parts of our
unique Gigafactory project," says Christer Wikner, CEO and President, Metacon.
For further information, please contact Christer Wikner, by phone 0707-647389 or e-mail
info@metacon.com
About Metacon
Metacon AB (publ) develops and manufactures energy systems for
the production of fossil-free "green" hydrogen. The products in the
Reforming business area are based, among other things, on a
patented technology that generates hydrogen through so-called
catalytic steam reforming of biogas or other hydrocarbons. The
development of Metacon's reforming products is done within the
wholly owned subsidiary Metacon S.A in Patras, Greece. The business is focused on catalytic
process chemistry and advanced reformers for high-efficiency
hydrogen production.
Metacon also offers complete electrolysis plants and integrated
refueling stations for green hydrogen, a large and globally growing
area for the production of green hydrogen. Electrolysis is a
process of driving a chemical reaction to split water by adding
electricity. If the electricity used is non-fossil, the hydrogen
will also be fossil-free and climate-neutral. Green hydrogen can be
used in sectors such as transport, basic industry and the real
estate sector, with a better environment and climate as a
result. www.metacon.com
About Siemens
Siemens AG (Berlin and
Munich) is a technology company
with a focus on industry, infrastructure, transport and healthcare.
From more resource-efficient factories, resilient supply chains,
and smarter buildings and grids, to cleaner and more convenient
transportation and advanced healthcare, the company is developing
technologies to create real value for customers and users. By
combining the real and digital worlds, Siemens empowers its
customers to transform their businesses and markets, helping them
transform the lives of billions of people. Siemens owns a majority
stake in the listed company Siemens Healthineers, a global leading
medical device provider that is shaping the future of
healthcare.
In the 2023 financial year ended September 30, 2023, the Siemens Group generated
revenues of €77.8 billion and net profit of €8.5 billion. As of
September 30, 2023, the company had
approximately 320,000 employees worldwide. During the same period,
Siemens in Sweden generated
revenues of SEK 6.9 billion and
employed approximately 1,500 people. For more information,
see www.siemens.com and www.siemens.se.
For more information see:
www.metacon.com | X: @Metaconab | LinkedIn:
www.linkedin.com/company/metaconab
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