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Motor Oil Greece Green Hydrogen Plant

Construction✓ Source-checked

Motor Oil

Project Overview

Country
Greece
Region
Peloponnese
Capacity
50 MW
Technology
Alkaline Electrolysis
Investment
—
Subsidy Status
disbursing

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Development Timeline

Announced2023
FID—
Construction—
Operational2027planned date

Readiness Score

55/ 100
Advanced

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15
✓EPC Contract signed(implied)+10
✓Permits obtained(implied)+8
✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15
✓MOU / offtake letter of intent(implied)+5
✗Confirmed price / tariff+5
✗Applied to government program+5

Financing

✗Project finance / debt secured+10
✓Subsidy (disbursing)+10

Track Record

✗Developer has completed H2 project+5
✗Developer has completed RE project+3
✗Developer has energy experience+2