Metacon granted approximately SEK 111 million from Klimatklivet for hydrogen production reference plant in Uppsala

Metacon AB (publ) received support of up to SEK 111M from Klimatklivet to build a 10 MW electrolysis plant in Uppsala. The project targets local green hydrogen production for industrial use and fossil-free transport, supporting the company’s renewable hydrogen initiative. Funding approval is a positive but likely limited near-term market catalyst.

Analysis

Metacon AB (publ) received support of up to SEK 111M from Klimatklivet to build a 10 MW electrolysis plant in Uppsala. The project targets local green hydrogen production for industrial use and fossil-free transport, supporting the company’s renewable hydrogen initiative. Funding approval is a positive but likely limited near-term market catalyst.