The plant, which will generate green hydrogen using renewable electricity and purified wastewater, is now waiting on a final investment decision (FID).

Project Air is a collaboration between Perstorp Group and Uniper and aims to combine carbon capture and utilisation (CCU) for converting carbon dioxide (CO2) residue streams, renewable hydrogen and biomethane in pursuit of decarbonising methanol production.

Nils Aldag, Sunfire CEO, said, “We are proud to contribute our proven alkaline technology to Project Air.

“Through its multipurpose potential in different sectors, green hydrogen is a master key for climate protection, energy security, creating new jobs and helping our economies thrive.”

Perstorp will build a CCU plant in Stenungsund, Sweden, that will convert CO2 emissions captured from its operations, as well as other residue streams, biogas and renewable hydrogen to methanol.

The renewable hydrogen will be supplied by Sunfire’s pressurised alkaline electrolyser that it developed and manufactured.

According to Perstorp and Uniper, the CO2, renewable hydrogen and biomethane production method is projected to lead to a sharp drop in greenhouse gas emissions.

Project Air recently announced it will receive €97m ($105m) funding from the European Climate, Infrastructure, and Environment Executive Agency (CINEA) from the Innovation Fund.

Read more: Perstorp, Uniper sustainable methanol project to receive €97m from Innovation Fund

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