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
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
