A green hydrogen plant will be developed in Kristiansand
Norway funds maritime hydrogen network
Five marine hubs and seven vessels receive government funding
Norwegian state-backed environmental fund Enova is to provide NOK1.12bn ($110mn) to support the development of a hydrogen maritime refuelling network in Norway. Around NOK669mn will be spent establishing five green hydrogen production plants along the Norwegian coast, while NOK451mn will be used to develop seven hydrogen- and ammonia-powered vessels. “The government has significant ambitions related to the development of hydrogen and wants to contribute to building a coherent value chain for hydrogen produced with no or low emissions,” says Norwegian climate minister Espen Barth Eide. The five plants in Glomfjord, Rorvik, Hitra, Floro and Kristiansand will each house an electrolyser. N
Also in this section
17 January 2025
Bank’s UK arm signs first deal to finance a green hydrogen developer, but cost and offtake pressures mean the sector remains too risky for many lenders
15 January 2025
The country’s technology-neutral position and competitive business environment mean it is looking to be surfing the second wave of the energy transition while others are still grappling with the first
14 January 2025
With abundant wind and sunshine, Africa is poised to lead in green hydrogen production. Yet high costs and financing challenges require global partnerships to unlock the continent's potential
14 January 2025
The continent’s largest economy sees an opportunity to join the global export market, but funding gap and lack of regulatory framework present challenges
