GreenH and Luxcara Spearhead Groundbreaking Green Hydrogen Project in Bodø
Key Ideas
  • GreenH Bodø secures NOK 1 billion financing for a pioneering green hydrogen facility, with the capacity to produce up to 8.5 tons of hydrogen daily.
  • Luxcara and SWEN Capital Partners play a crucial role in funding the Bodø project, aiming to deliver up to 3,100t of green hydrogen annually to maritime vessels.
  • Enova's support has been instrumental in propelling the Bodø project, marking significant progress towards a zero-emission maritime sector in Norway by 2050.
  • Investors' confidence in GreenH reflects a promising future for the European green hydrogen market, setting new standards and paving the way for sustainable energy solutions.
The board of GreenH Bodø has approved the development of a green hydrogen facility in Bodø, supported by a NOK 1 billion financing package. This milestone project, backed by Enova, Luxcara, SWEN Capital Partners, and Norwegian financial backers, aims to be the first of its kind in Northern Europe, producing 8.5 tons of hydrogen daily. The investment will accelerate construction, with a focus on delivering green hydrogen to maritime vessels. Enova's funding played a key role in reaching the Final Investment Decision (FID), highlighting the importance of creating hydrogen hubs along the Norwegian coast. The collaboration between GreenH and investors like Luxcara and SWEN Capital Partners signifies a significant step towards a sustainable energy future. The project's electrolyser capacity and annual hydrogen production targets demonstrate the commitment to supplying green hydrogen to Torghatten Nord's ferry connection, contributing to a zero-emission maritime sector by 2050. The Bodø facility's innovative approach, including the utilization of residual heat and oxygen, distinguishes it as a pioneering green hydrogen project. Morten Solberg Watle's vision for the future emphasizes the necessity of continued technological advancements to drive large-scale hydrogen deployment. The strategic partnership between GreenH, Luxcara, and SWEN Capital Partners sets a high standard for the European green hydrogen market, showcasing the potential for sustainable energy solutions.
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