Horisont Energi signs a MoU with Lhyfe to Use Green Hydrogen

Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen

By Saur News Bureau/ Updated On Tue, Jun 7th, 2022

Highlights :

Horisont Energi and Lhyfe announce that they have entered a memorandum of understanding (MoU) for the joint development of green ammonia-producing plants in Europe fed by green hydrogen plants.

Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe.

In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport of blue ammonia from Norway to Rotterdam.

Horisont Energi intends to ship blue ammonia, produced in Northern Norway, from natural gas with carbon capture and storage, to the port of Rotterdam, where it will be received for further distribution to meet expected demand in North-western Europe.

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Nantes, France-based Lhyfe connects its production sites directly to local renewable energy sources to fuel local industry and mobility uses, already has 93 projects in development in Europe (more than 4.8 GW of total installed capacity), a first industrial plant inaugurated in September 2021 and a first offshore plant demonstrator to be inaugurated in September 2022.

Through this agreement, Lhyfe and Horisont Energi wish to collaborate for the joint development of solutions to provide renewable green hydrogen to ammonia-producing plants in Norway and in Europe to supply the ammonia market as Norway has a very strong maritime sector. A first development project consisting in renewable hydrogen and green ammonia production plants could be located in the northern part of Europe.

“This agreement with an innovative producer of clean ammonia in Norway gives us both the opportunity to develop projects to fuel the green hydrogen development in Norway, but also to look for joint development of projects to provide new green ammonia-producing plants in Europe. We are very happy to have reached this agreement, and we look forward to work with the Horisont Energi team,” said Björn Arvidsson, Area Manager Nordics & UK at Lhyfe.