A new platform company with a goal to produce hydrogen at $1.5kg by the end of this decade has today (19thFeb) been unveiled.
Launched by Aker Horizons, Aker Clean Hydrogen aims to emerge as the most efficient hydrogen value chain integrator on a global scale.
The company already boasts a portfolio of nine clean hydrogen projects and projects prospects with a total net capacity of 1.3GW under development, and additional pipeline and opportunities of 4.7GW.
Based on a proven execution model with scalability, the company aims to reach a net installed capacity of 5.0 GW by 2030.
Aker Clean Hydrogen’s portfolio includes the recently announced partnership with Norwegian industrial pioneers, Yara and Statkraft, for electrification of the ammonia plant at Herøya, as well as other green ammonia projects in Norway.
Other portfolio projects and prospects include emission-free shipping in the Arctic, green hydrogen production Rjuka, cooperation agreement with Greenstat, green hydrogen and ammonia production in Chile and emission-free shipping in Antarctica.
“Clean hydrogen is essential to decarbonise industrial processes,” said Knut Nyborg, CEO of Aker Clean Hydrogen.
“By building on the network effects from Aker Horizons’ green value chain, unique capabilities of in-house engineering experts, proven execution and alliance model, and Aker’s track record of developing modularised industrial production systems, Aker Clean Hydrogen is hitting the ground running.”
“This is just the beginning of a journey to develop the best-in-class, cost-efficient leader for industrial-scale hydrogen production.”