Metacon has been awarded climate investment support for hydrogen production to construct an electrolysis plant at Uppsala Vatten och Avfall AB’s Hovgården waste management plant located outside Uppsala. The assistance amounts to a maximum of approximately SEK 111 million, which is equivalent to 55% of the overall investment in the project, which amounts to SEK 202 million.

The support for hydrogen production through the intended plant will have a power output of 10 MW with a projected yearly production of 1,480 tonnes of hydrogen at full-capacity operation. The hydrogen is to be delivered to industrial customers and hydrogen refuelling stations located in Central Sweden, where today’s supply is limited and largely depends on transport from other countries and regions.

The project is based on manufacturing under real market circumstances with the aim to increase the availability of green hydrogen in the area. Interest in the production has been largely confirmed by letters of intent with national and local market players.

Climate gain and system integration

The approved application is projected to reduce emissions by around 23,000 tonnes of carbon dioxide annually, primarily by substituting diesel in heavy transport and decreasing the requirement to transport hydrogen over long distances.

The project also involves integration and collaboration with the existing operations at Hovgården. The oxygen generated in the electrolysis procedure will be utilized in Uppsala Vatten och Avfall’s method of leachate treatment, and the heat produced in the process will be reclaimed for heating within the premises. This leads to highly effective overall energy consumption and resource utilization in the system.

Metacon Strategic Investment

For Metacon, the project is also a strategic reference plant when it comes to commercial operation. The plant allows us to show the organization’s technology, system integration, and functioning under actual circumstances, which is essential to our conversations with customers and partners. One of the objectives is to reinforce the core operation within design, integration and delivery of hydrogen standards by building a full-scale reference environment for Metacon’s electrolysis modules for large-scale manufacturing of green hydrogen on market demand-based and competitive terms.

Funding

The received backing means that the net investment of Metacon is already partly funded with the purchase of assets from Hynion’s bankruptcy estate, disclosed on 14 October 2025. The project is also intended to have a lower need for capital in the early phases, meaning that most of the remaining financing requirements will be encountered later in the project.

Chronology

• Construction is planned to start in the 2nd half of 2026, and the official opening is targeted for the first quarter of 2029.

According to Christer Wikner, President and CEO of Metacon, “We are pleased that Klimatklivet wants to enable this initiative, which will show that green hydrogen can be produced efficiently and locally at a larger scale. The project brings climate benefits, increased resilience and a higher degree of self-sufficiency in the region and has clear relevance to market needs. For Metacon, the plant is also an important reference environment where customers and other decision-makers can evaluate a complete production module in practice – from technology and integration to operation and use.”