Wednesday, March 11, 2026

MOL GROUP Launches Green Hydrogen Production Using Plug Electrolyzers

Plug Power, Inc.MOL builds one of the largest capacity green hydrogen plants in
Europe in Százhalombatta, HungaryPlug provides 10 MW Electrolysis Unit to Generate 1,600 Tons Per Year of Green HydrogenBUDAPEST, Hungary and LATHAM, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — MOL Group, an international, integrated oil, gas, petrochemicals, and consumer retail company, has teamed up with Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, to build one of Europe’s largest-capacity green hydrogen production facilities at MOL’s Danube Refinery in Százhalombatta, Hungary. Green hydrogen will reduce the carbon footprint of the Danube Refinery operation and enable emission-free mobility in the longer term.Utilizing a 10-megawatt (MW) electrolysis unit from Plug Power, MOL’s €22 million facility will be able to produce…

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