Aker Clean Hydrogen invested to accelerate the development of green hydrogen production in Mid-Norway

30 June 2021

Aker Clean Hydrogen have invested to accelerate the development of green hydrogen production in Mid-Norway and decarbonize local transportation and industry.

Aker Clean Hydrogen has invested in a private placement in Meraker Hydrogen AS, resulting in a 20 percent ownership in the company. The aim of the investment is to accelerate the development of green hydrogen production in Mid-Norway and decarbonize local transportation and industry.

The company intends to build a plant producing up to 10 tons of green hydrogen per day, equivalent to 23 MW of installed electrolyser capacity, using local renewable energy sources. Production start is expected early in 2024.

The production plant will be built in Kopperå in Meråker municipality, in the immediate vicinity of the railway and the European route E14.

Read more: Norway: Norwegian hydrogen company acquires shares in a hub for hydrogen technology

“Meraker Hydrogen is well positioned to create green value chains and decarbonize local shipping and transportation sectors in addition to other potential industry users,” said Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen.

Aker Clean Hydrogen holds 22 percent of the shares in Greenstat AS which is one of the other main owners (25 percent) of Meraker Hydrogen AS, together with NTE Energi AS (25 percent) and Gen2 Energy AS (10 percent). The remaining shares are owned by local investors, amongst others Meråker municipality.


Author: KS / Source: Aker Clean Hydrogen / Photo: Unsplash