Statkraft’s renewables portfolio is dominated by hydropower
FFI signs renewable PPA for 300MW Norway project
Statkraft will supply renewable power to planned Holmaneset green hydrogen and ammonia plant if FID is taken
Australia’s Fortescue Future Industries (FFI) has signed a conditional renewable power-purchase agreement (PPA) with Norway’s Statkraft for its planned 300MW Holmaneset green hydrogen and ammonia plant. Feasibility studies for the project are underway, with the PPA conditional on FFI taking positive FID. The Australian developer aims to begin construction by 2025, with hydrogen production starting in 2027. “FFI has chosen to partner with Statkraft to develop one of its first green ammonia projects, because they are Europe’s largest renewable power generator and will play a key role to enable ambitious goals to reduce European greenhouse emissions and assist FFI to become a leader in green hy
Also in this section
21 March 2025
European Hydrogen Bank auction is four times oversubscribed, while industry remains on pause in US amid IRA subsidy uncertainty
21 March 2025
The country is engaging with potential investors from North America and China as it refines its auction process to reflect shifting dynamics in green hydrogen, Hydrom’s managing director tells Hydrogen Economist
13 March 2025
Government awards €1.21b of funding to seven large-scale projects as it chases capacity target of 12GW by 2030
12 March 2025
Speakers at this year’s CERAWeek conference noted the growing interest in green hydrogen, but hurdles such as cost remain to its adoption at scale
