Greenfield and Hy2gen form joint venture

Greenfield and Hy2gen form joint venture

Greenfield Global Inc., Canada’s largest ethanol producer, and Hy2gen Canada, a green hydrogen focused company, have entered into an agreement to develop and operate an industrial scale green hydrogen production facility in Varennes, Quebec.

The new facility which will be established through the joint venture will feature the latest electrolysis technologies powered by hydroelectricity. The facility will originally be built at 29 MW with potential to be expanded to 80 MW in 2024 in order to meet demand.

“Greenfield Global and Hy2gen Canada coming together is driven by our shared values and mission to reduce the impacts of fossil fuels by providing the greenest, most sustainable energy products for our customers, communities, and ultimately, the health of the planet,” said Howard Field, Greenfield President and CEO.

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