On October 1, 2025, H2-Greenforce Greece IKE was founded by H2-Greenforce Group BV.

H2-Greenforce Greece IKE is developing the first stage of the planned 500MW electrolysis project.

Stage 1: 250 MW electrolysis project on Crete. Starting in 2030, this project will produce approximately 41,000 t/a of green hydrogen. The project does not require any subsidies and can/will offer hydrogen to the market for a maximum of €6/kg (plus gas network fees).