Metacon AB gets Klimatklivet grant
Analysis based on 6 articles · First reported Jul 02, 2026 · Last updated Jul 02, 2026
The grant to Metacon AB is expected to positively impact the renewable energy and hydrogen production sectors in Sweden, potentially boosting investor confidence in green technology. The project's focus on local green hydrogen production could reduce reliance on fossil fuels and long-distance transport, benefiting the environment and creating new market opportunities for Metacon AB.
Metacon AB has been granted approximately SEK 111 million from Klimatklivet, an investment support program administered by the Sweden — Environmental Protection Agency (Sweden), to construct a 10 MW electrolysis plant in Uppsala, Sweden. This plant, to be located at Uppsala Vatten och Avfall AB's Hovgarden waste management facility, will produce green hydrogen for industrial use and fossil-free transport in Central Sweden. The project, with a total investment of SEK 202 million, is expected to reduce carbon dioxide emissions by 23,000 tonnes annually. It also serves as a strategic reference plant for Metacon AB's technology and is partly financed by assets acquired from Hynion's bankruptcy estate. Construction is slated to begin in the second half of 2026, with commissioning by the first quarter of 2029. Christer Wikner, President and CEO of Metacon AB, emphasized the project's climate benefits and its role in demonstrating large-scale green hydrogen production.
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