June 24 (Renewables Now) – Norwegian state-run enterprise Enova SF on Thursday introduced NOK 1.12 billion (USD 112m/EUR 107m) in complete financing for quite a lot of inexperienced hydrogen hub initiatives and hydrogen-powered ships.

The corporate, which is owned by the Ministry of Local weather and Setting, is offering NOK 669 million in monetary assist to 5 inexperienced hydrogen manufacturing vegetation alongside the Norwegian coast, additionally known as hubs, and an extra NOK 451.3 million to seven hydrogen and ammonia-powered vessels.

In line with Nils Kristian Nakstad, CEO of Enova, the supported inexperienced hydrogen hubs could have the mixed capability to produce between 35 and 40 vessels, together with the financially-backed ships.

The desk beneath provides particulars in regards to the 5 hydrogen hub initiatives.

Undertaking (firm) title Location Monetary assist Homeowners Finish-use Manufacturing start-up
Glomfjord Hydrogen AS Glomfjord, Meloy NOK 150m Greenstat ASA, Nel ASA, Meloy Energi AS, Troms Kraft AS Sea and land transport
Hydrogen hub Rørvik Rorvik NOK 125.7m NTE, H2 Marine A variety of vessels
Hydrogen hub Central Norway Hitra Industrial Park and Coastal Harbor, Josnoya NOK 113m TronderEnergi, Statkraft 2025
HyFuel AS Floro NOK 132m Fjord Base Holding (FBH), Sogn og Fjordane Energi AS (SFE), Gasnor AS
Hydrogen hub Agder Kristiansand NOK 148m Everfuel AS, Greenstat ASA, others Boats This fall 2024

Everfuel and Nel ASA individually confirmed the awards to the initiatives they’re concerned in, saying that every will construct a 20-MW electrolyser.

On the similar time, Enova has awarded NOK 205.6 million to Faerder Tankers Norway AS so it might construct two tankers and two automotive carriers that use ammonia as gasoline. Ocean Infinity, in flip, has acquired NOK 148.6 million to construct the primary two container vessels that use hydrogen as gasoline, whereas Thor Dahl Bulk AS has gained NOK 97 million for a bulk vessel utilising gasoline cells.

(NOK 1 = USD 0.100/EUR 0.095)

Be a part of Renewables Now’s free day by day e-newsletter now!