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Mitsui takes up major stake in Norwegian Hydrogen
© Norwegian Hydrogen
Mitsui takes up major stake in Norwegian Hydrogen
© Norwegian Hydrogen

Mitsui takes up major stake in Norwegian Hydrogen

Japanese-based Mitsui & Co. has become the second largest owner of Norwegian Hydrogen, following a NOK70m ($7.2m) investment, taking a stake of approximately 15%.

H2 View understands some of the capital will be used for the development of Norwegian Hydrogen’s Hellesylt factory, which is set to boast a 3MW electrolyser, offering green hydrogen production capacity of up to 1,300kg per day.

Read more: Major milestone achieved at Norwegian hydrogen hub

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