27 April 2022
Everfuel and Greenstat in collaboration on 60 MW hydrogen hub
Everfuel and Greenstat have announced their plan of establishing a hydrogen plant in Agder with a capacity of 60 MW by 2027. Construction will begin in 2024 at the earliest. During the first construction phase of the facility, the plant is expected to reach a capacity of 20 MW and have a daily hydrogen production of 8 tonnes. Once the second phase is completed in 2027, the rate will increase to 24 tonnes. Everfuel and Greenstat will also establish a hydrogen distribution centre for the maritime sector as well as the construction industry, trucks, buses and other green energy supplies to industrial customers. Everfuel will own 51% of the project and Greenstat will own the remaining 49%.
Nel ASA receives two purchase orders for H2Station
Nel ASA’s subsidiary Nel Hydrogen Fueling has received two firm purchase orders from a European client for the company’s H2Station modules. The purchase orders have a combined value of EUR 3 million. “We are very pleased to receive these orders from the client for the H2Station systems. The H2Station is our state-of-the-art generation which is developed for fast refuelling of heavy-duty vehicles, such as buses and trucks”, said Christian Vinther, Regional Sales Manager of Nel Hydrogen Fueling.
Statkraft to supply wind power for Solvay in Finland
Solvay has signed a 10-year Utility Power Purchasing Agreement (PPA) with hydropower company Statkraft to purchase electricity produced by the Pajuperankangas wind farm. The agreement will enable the Group’s Voikka site in Finland to operate on 100% wind-generated electricity, help to decarbonise the production of hydrogen at the site and contribute to the achievement of Solvay’s sustainability targets. The Pajuperankangas wind farm will have an installed capacity of 86.8 MW and produce enough electricity to supply 14,000 electricity-heated Finnish homes.
Increased deficit for Aker Offshore Wind
Aker Offshore Wind reported its results for 1Q22. The results show that the company has lost NOK 103 million in profit during the first quarter, with the deficit increasing from NOK 52.6 million in 1Q21. The company’s gross operating profit before depreciation and amortisation presented a loss of NOK 86.7 million, compared with a loss of NOK 40.8 million in 1Q21. The cash balance shrank from NOK 178 million in 4Q21 to NOK 66.5 million at the end of 1Q22. At the same time, Aker’s turnover increased to NOK 8.6 million, compared with NOK 538,000 the year before.
Norway becomes a member of the International Solar Alliance
During a visit to India, the Minister for Foreign Affairs in Norway, Anniken Huitfeldt, announced that Norway has become a member of the International Solar Alliance (ISA), which is working to scale up the use of solar energy worldwide. The Minister believes that Norway can contribute expertise related to, among other things, electrification, smart grid and financing for the development of renewable energy.
Polestar announces updates to Polestar 2
Polestar has announced 4 new updates to Polestar 2. The updates include a reduced CO2e footprint, increased battery capacity and faster charging for the standard range single motor variant, introduced blockchain technology that can track cobalt and mica, as well as new colours, rims and interior. “With all our updates, we want to be at the forefront of improvements that can help reduce the burden on the environment. Product updates are common in the automotive industry, but we choose a more in-depth approach and combine our updates, which provide a lower CO2e-imprint”, said Fredrika Klarén, Head of Sustainability at Polestar.
Possible Danish-German hydrogen compound moved forward to 2030
According to the latest edition of the pan-European vision for hydrogen infrastructure European Hydrogen Backbone (EHB), the Danish-German hydrogen compound has been advanced and pushed forward from 2035 and 2030. The acceleration is partly due to a political PtX agreement with ambitions for Denmark as a net exporter of renewable energy, including green hydrogen.
EIT InnoEnergy invests in Mine Storage
The EU-funded investment company EIT InnoEnergy is investing in the Swedish company Mine Storage, which is currently working on the development of its future construction of hydropower plants in closed mines. The investment, which has not been announced up until now, was made at the beginning of April, contains both support in the form of an undisclosed capital grant and other value-added services. However, there are still a couple of years left until the company receives any revenue. According to Thomas Johansson, CEO of Mine Storage, it takes approximately 2-3 years to build a pumped-storage power plant once the permits are in place. The cost estimate is expected between SEK 200 million and SEK 1 billion per mine. Nevertheless, once the mine is put into operation, Mine Storage expects an annual return of 14-17%.
Smarter Mobility and Castellum merge with Invest in Skåne
Smarter Mobility and Castellum, which runs the Mobility Innovation Arena (MIA), will merge with Invest in Skåne to attract German, French and Italian mobility companies to Skåne. The aim of the merger is to create international collaborations within smart mobility solutions. In concrete terms, this means that foreign companies are offered a free workplace at Ideon Science Park in Lund, while Invest in Skåne offers them to take part in Skåne’s ecosystem for smart mobility for a few weeks.
About Nordic Green News
The Nordic countries are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Mundus Nordic Green News is covering this transition for the international community. Every day we curate the stories of most relevance to international businesspeople and policy experts from the flow of news. Mundus Nordic Green Indices summarise the meta-data from our daily coverage to enable easy tracking of trends. We supplement these with our own opinion pieces and commentary.
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