Gen2 Energy's Green Hydrogen Production Facility in Farsund: A Promising Collaboration
Key Ideas
  • Gen2 Energy and Farsund municipality have agreed for a long-term lease of an industrial site in Farsund to build a green hydrogen production facility.
  • The location offers low-cost renewable energy, land for industrial purposes, and access to quay facilities for hydrogen transport.
  • The agreement emphasizes the importance of securing power, land, and quay facilities to enable large-scale green hydrogen production and transport.
  • Gen2 Energy is conducting a concept study to determine the size and production method for the hydrogen plant in Farsund.
Gen2 Energy AS and Farsund municipality have entered into an agreement to establish a green hydrogen production facility in Farsund, Norway. The agreement allows Gen2 Energy to secure the industrial site Lundevågen Havneområde for building the plant and accessing quay facilities for hydrogen transport to markets in Norway and Europe. The company aims to construct a plant that can ensure high volumes of green hydrogen production. Jan Fredrik Råknes, Head of Business Development at Gen2 Energy, expressed delight in choosing Farsund due to its mix of low-cost renewable energy, suitable land for industrial purposes, and good shipping opportunities. Ingrid Williamsen, the mayor of Farsund, also welcomed the collaboration and signed an option agreement with Gen2 Energy. The agreement includes preparations to regulate the area for hydrogen production on the 60+ acre industrial site. Gen2 Energy is currently engaged in a concept study to finalize details such as the plant's size and production methods. Key elements of the agreement highlight Gen2 Energy's access to essential resources like power, land, and quay facilities crucial for the production and transportation of significant quantities of green hydrogen. This partnership signifies a positive step towards establishing sustainable hydrogen production infrastructure in Farsund.
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