Maire, Mytilineos units to co-develop green hydrogen projects in Italy
Solar system in southern Italy. Author: Richard Allaway. License: Creative Commons, Attribution 2.0 Generic.
Industrial groups Maire Tecnimont SpA (BIT:MT) of Italy and Mytilineos SA of Greece are teaming up to develop engineering activities for the implementation of a green hydrogen plant in Italy.
Maire Tecnimont's green chemistry subsidiary NextChem will partner for this project with the Greek conglomerate’s Renewable and Storage Development Business Unit (RSD BU), according to an announcement on Thursday.
The plan is to build a hydrogen production facility that utilises the electricity generated from Mytilineos’s solar parks, providing local off-takers with a carbon neutral energy carrier alternative. The partners intend to work on other plants as well.
Pierroberto Folgiero, CEO of Maire Tecnimont and NextChem, pointed out the latter has four technological solutions for hydrogen production in its portfolio that differ when it comes to carbon intensity.
"Among these, green hydrogen is the most ambitious one from an economic and environmental point of view and we are already working on it, both in Italy and abroad,” Folgiero added.