Norway funds floating ammonia-to-hydrogen project
The government has provided a project led by Hoegh LNG and Wartsila with NOK60mn, equivalent to 50pc of expected costs
An ammonia-to-hydrogen project led by Norway’s Hoegh LNG and Finland’s Wartsila has received NOK60mn ($5.78mn) in funding from the Norwegian government, equivalent to 50pc of the expected cost. The project aims to develop a system installed onboard a floating receiving terminal that can convert ammonia to hydrogen. “As a world leading provider of fast-track floating LNG terminals, we are well-positioned to support the transition to clean, carbon-free energy. New and innovative solutions will need to be developed, and we look forward to working together to ensure we remain at the forefront of the energy transition,” says Erik Nyheim, CEO of Hoegh LNG. The firm aims to ensure future terminals
Also in this section
6 September 2024
Emirati NOC signs groundbreaking deal to take 35% stake in ExxonMobil’s large-scale Baytown project, despite uncertainty over US government support
5 September 2024
French green hydrogen producer to supply German firm’s network of refuelling stations under its first major long-term offtake agreement
3 September 2024
Beijing-based electrolyser manufacture will also develop projects with strategic partners in boost for Andalucia region’s green hydrogen ambitions
3 September 2024
As all-electric car sales growth grinds to a halt, firms are eyeing a long-term future for zero-emissions liquid fuels