As part of the MoU, the companies will establish framework and carry out investment projects related to green hydrogen through a joint venture scheme.
Through this, both Motor Oil and Public Power are looking to bolster the hydrogen economy and extend its reach into the lucrative hydrogen market for both profitable means whilst also supporting decarbonisation.
This could see multiple investments within the sphere of green hydrogen and enable the companies to develop its hydrogen portfolio with an emphasis on developing projects in Greece.
The main objective of the joint venture will be the development of projects for the production and storage of green hydrogen thus facilitating the process of Greece’s energy transition to an environment of net zero carbon emissions.
Making hydrogen happen
This March, H2 View will explore A Climate for Action and Investment in Europe in an immersive event that features some of the leading stakeholders and influencers in hydrogen, as well as a return to in-person networking and the opportunity to meet the Women in Hydrogen driving the agenda forward.
Taking place in Munich, Germany, confirmed speakers already include the Hydrogen Council, Hydrogen Europe, Clean Hydrogen Partnership, FiveT Hydrogen, Airbus, Nel and Michelin.
Further information on the event, agenda and confirmed speakers can be found here.
To book your ticket, click here.