H2Carrier, a company based in Norway, and Eurowind Energy, a Danish renewable energy project developer, have signed a memorandum of understanding (MoU) in order to develop low carbon fuels from wind and solar power.
The aim of this cooperation is to produce e-ammonia for the maritime sector using intermittent and stranded European wind and solar resources as feedstock for H2Carrier’s floating hydrogen and ammonia production and storage concept.
Precisely, the parties will convert renewable wind power to green ammonia by using H2Carrier’s floating production unit, the P2XFloater. As described, the P2XFloater is the world’s first floating production unit for producing green ammonia at an industrial scale.
We are excited to join forces with Eurowind with the aim of offering green ammonia to the industrial and marine fuel market. Eurowind Energy has access to a primary market with + 25,000 kilometres of coastline which, matched with the P2XFloater system, represent major opportunities for near-shore production of low carbon fuels
…said H2Carrier CEO Marten Lunde.
H2Carrier’s innovative P2XFloater provides Eurowind with the opportunity for a fast-track development of renewable power resources and enable us to participate in the rapidly growing market for low carbon fuels. We are excited to engage with H2Carrier as partners in exploration of the opportunities for deployment of the P2XFloater technology
…Henrik Lykke Sorensen, head of strategic business development at Eurowind Energy, added.