Hy2gen plans to produce green ammonia as a fuel for the maritime sector, in the municipality of Sauda, on the southwestern coast of Norway.
The green ammonia production facility, named Iverson eFuels AS, will be owned by Hy2gen, Trafigura, and Copenhagen Infrastructure Partners (CIP), a Danish fund management company focused on renewable energy infrastructure.
The consortium plans to invest significant capital in the production, storage and shipping facility which will bring jobs to the local community.
Together with Norconsult, a pre-study was completed in 2021 and the project owners have now started the Front-End Engineering Design (FEED) phase, resulting in a full plan for the construction of the facility by 2023.
Following a final investment decision, the commencement of construction is scheduled in the first quarter of 2024, and the facility will be fully operational at the beginning of 2027.
The Iverson project will have an initial electrolyzer capacity of 240 megawatts to produce 600 metric tons of green ammonia per day, with the aim to significantly scale up production in the future.
We will produce green ammonia through electrolysis technology, using clean electricity to provide green ammonia for vessels, and thereby contributing to minimize emissions for maritime transportation
said Gunnar A Gauthun, Hy2gen´s Hub Coordinator in Sauda.
As for Asbjørn Birkeland, Mayor of Sauda, he believes that this project is extremely interesting, as it will put Sauda on the map of the energy transition.
