Hydrogen Utopia secures land for waste-to-hydrogen plant in Ireland

Britain’s Hydrogen Utopia International PLC (AQSE:HUI) has inked a deal to lease a greenfield site in Ireland where it will build what it says will be the first full-scale waste plastic-to-hydrogen complex in the European Union (EU).

The London-based company, which is focused on non-recyclable waste plastics to hydrogen technology, said on Monday it has entered into an option to lease the specific site in County Longford following an initial agreement in November last year.

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The 2.5-acre (1-ha) area is located within the Fisherstown Energy Park at Fisherstown and will be leased by Hydrogen Utopia for 25 years. With land in place, the company will now work on the planning, environmental and operational permitting applications for its project it said.

The selected site has available electrical infrastructure and the potential to use existing waste water treatment facilities on site. Permits have been granted for a battery storage project and a solar park that could potentially supply the hydrogen plant.

Longford County is expected to be one of the prime beneficiaries of the EU Just Transition Fund in Ireland. Under a plan cleared by the Irish government in November 2022 and adopted by the EU a month later, some EUR 169 million (USD 181m) in funding will go for projects in the Irish Midlands through 2027.

(EUR 1.0 = USD 1.071)