Climate Minister Joko Alender and Minister of Economic Affairs and Industry Erkki Keldo met with representatives of the Dutch company Power2X on Thursday, August 29, where they confirmed that planning for Europe's largest methanol plant is ongoing. The goal is to attract investments of more than one billion euros to Estonia and support the transition to clean energy. :format(webp)/nginx/o/2024/09/01/16327421t1h40bc.jpg)
Climate Minister Joko Alender. Photo: Madis Veltman / Postimees
Climate Minister Joko Alender and Minister of Economy and Industry Erkki Keldo met with representatives of the Dutch company Power2X on Thursday, August 29, where they confirmed that planning for Europe's largest methanol plant is ongoing. The goal is to attract investments of more than one billion euros to Estonia and support the transition to clean energy.
Translation: Sergey Svetlov
The methanol plant and electrolyser are planned to be built in the Niidu industrial zone in Pärnu. The plant will produce 500,000 tons of green bio- and e-methanol per year, which can be used as an alternative raw material for the production of chemicals, plastics and durable building materials, as well as a replacement for fossil fuels.
