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Vitol buys into Norwegian green hydrogen company


Vitol buys into Norwegian green hydrogen company
Apr 26, 2021 4:31:pm
Summary
Dutch trader takes a minority stake in Gen2 Energy, which has Norwegian projects in the nascent stage.
by: Daniel Graeber
Posted in:
Vitol buys into Norwegian green hydrogen company
Dutch energy and commodity trading company Vitol said April 26 it had acquired a minority interest in a Norwegian producer of green hydrogen.
For an undisclosed sum, Vitol took a 10% stake in Gen2 Energy, which aims to develop, build and operate a value chain for green hydrogen derived from 100% renewable energy by 2023.
Gen2 Energy is at work on a project in northern Norway that could eventually produce 11kt/yr of green hydrogen from an 80 MW electrolyser. A second electrolyser with a capacity of 300 MW is also under development in southwest Norway. ....

Chris Bake , State Controlled Energy , Renewable Energy Capacity , Gen2 Energy , Renewable Energy , Net Zero Greenhouse Gas Emissions , Northern Norway , Energy Mix , Value Chain , Managing Director , Southwest Norway , கிறிஸ் சுட்டுக்கொள்ள , புதுப்பிக்கத்தக்க ஆற்றல் திறன் , புதுப்பிக்கத்தக்க ஆற்றல் , நிகர பூஜ்யம் கிரீன்ஹவுஸ் வாயு உமிழ்வு , வடக்கு நோர்வே , ஆற்றல் கலவை , மதிப்பு சங்கிலி , நிர்வகித்தல் இயக்குனர் ,