ECOLOG and DESFA have secured funding of 169.3 million euros for the project APOLLOCO2 in Greece

source: ECOLOG LinkedIn

The APOLLOCO2 project in Greece, initiated and led by ECOLOG and DESFA has secured a grant of 169.3 million Euro from the #EU Innovation Fund. This critical funding will enable the construction of a Floating Liquefaction and Storage Unit with a liquefaction capacity of 3mtpa expandable to 5mtpa.

The facility will also benefit from cold energy produced via heat exchangers for the liquefaction of CO2, due to its co-location with the neighbouring LNG import terminal on Revithoussa Island.

This terminal will support large and small emitters undertaking carbon capture to decarbonise their businesses in Southern Greece. This is an important step for Greece and its ambitions to decarbonise heavy industry and maintain jobs.

source: ECOLOG LinkedIn