Atome is developing two projects in Paraguay
Atome expects first revenues next year
Newly established green hydrogen production company is pursuing two projects in Paraguay and one in Iceland and is eyeing further expansion
Newly established green hydrogen production company Atome expects to generate its first revenues in 2023, the firm said in its inaugural annual results statement. Atome listed on the AIM branch of the London Stock Exchange in December after being spun off from independent oil and gas company President Energy with a £9mn ($11.2mn) fundraise at 80p per share. “In the short period since the IPO, while not losing focus on our core projects, we have signed a world-class power-purchase agreement [PPA] for 60MW in Paraguay as well as creating our mobility division and ordered our first electrolyser,” says Atome chair Peter Levine. “All this means in 2023 we expect to be generating our first revenue
Also in this section
23 December 2025
Government backing and inflow of private capital point to breakthrough year for rising star of the country’s clean energy sector
19 December 2025
The hydrogen industry faces an important choice: coordinated co-evolution or patched-together piecemeal development. The way forward is integrated co-evolution, and freight corridors are a good example
10 December 2025
Project developer Meld Energy ready to accelerate 100MW project in Humber region after securing investment from energy transition arm of private equity firm Schroders Capital
9 December 2025
BP and Engie abandon large-scale green hydrogen projects in Gulf state as developers in all regions continue to struggle with lack of firm offtake
