Greenstat and Hy2gen sign agreement

Greenstat and Hy2gen sign agreement

Greenstat and Hy2gen are joining forces to develop projects related to green hydrogen production in Norway.

The partnership has a goal of a minimum of 100MW installed electrolyser capacity by 2025, leading to a yearly production of approximately 15,000 tonnes of hydrogen, which the two companies said will secure stable supply of green hydrogen to the growing hydrogen market within transport, heavy duty vehicles, maritime and industry.

By working together as part of a joint venture, Greenstat and Hy2gen will develop local value by using Norway’s existing resources of green power from renewable energy resources to develop Norwegian hydrogen industry and infrastructure.

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