Norway’s Enova awards USD 112m to maritime hydrogen hub, ship initiatives

June 24 (Renewables Now) – Norwegian state-run enterprise Enova SF on Thursday introduced NOK 1.12 billion (USD 112m/EUR 107m) in whole financing for plenty of inexperienced hydrogen hub initiatives and hydrogen-powered ships.

The corporate, which is owned by the Ministry of Local weather and Setting, is offering NOK 669 million in monetary assist to 5 inexperienced hydrogen manufacturing vegetation alongside the Norwegian coast, additionally known as hubs, and an additional NOK 451.3 million to seven hydrogen and ammonia-powered vessels.

In response to Nils Kristian Nakstad, CEO of Enova, the supported inexperienced hydrogen hubs may have the mixed capability to produce between 35 and 40 vessels, together with the financially-backed ships.

The desk beneath offers particulars in regards to the 5 hydrogen hub initiatives.

Venture (firm) identify Location Monetary assist House owners Finish-use Manufacturing start-up
Glomfjord Hydrogen AS Glomfjord, Meloy NOK 150m Greenstat ASA, Nel ASA, Meloy Energi AS, Troms Kraft AS Sea and land transport
Hydrogen hub Rørvik Rorvik NOK 125.7m NTE, H2 Marine A variety of vessels
Hydrogen hub Central Norway Hitra Industrial Park and Coastal Harbor, Josnoya NOK 113m TronderEnergi, Statkraft 2025
HyFuel AS Floro NOK 132m Fjord Base Holding (FBH), Sogn og Fjordane Energi AS (SFE), Gasnor AS
Hydrogen hub Agder Kristiansand NOK 148m Everfuel AS, Greenstat ASA, others Boats This autumn 2024

Everfuel and Nel ASA individually confirmed the awards to the initiatives they’re concerned in, saying that every will construct a 20-MW electrolyser.

On the identical time, Enova has awarded NOK 205.6 million to Faerder Tankers Norway AS so it might construct two tankers and two automotive carriers that use ammonia as gasoline. Ocean Infinity, in flip, has obtained NOK 148.6 million to construct the primary two container vessels that use hydrogen as gasoline, whereas Thor Dahl Bulk AS has received NOK 97 million for a bulk vessel utilising gasoline cells.

(NOK 1 = USD 0.100/EUR 0.095)

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