Luxcara, GreenH make final investment decision for large-scale green hydrogen project in Norway

January 30, 2025 |

In Germany, Luxcara, an independent German asset manager for clean energy infrastructure projects, said it is investing in one of Norway’s first large-scale green hydrogen projects. The Bodø Hydrogen Project, located at Langstranda in Bodø municipality, will in phase 1 have an electrolyzer capacity of 20 MW and an annual production capacity of up to 3,100 tons of green hydrogen. In phase 2 an additional 10 MW will potentially be installed totaling 30 MW of electrolyzer capacity and an annual production capacity of about 4,800 tons green hydrogen. Luxcara and GreenH recently secured funding from Enova, a state enterprise owned by the Norwegian Ministry of Climate and Environment, for the Bodø project in December 2024 enabling them to now make the final investment decision. Preparatory work on site is already underway and COD is expected to be in 2026. The hydrogen will be delivered to the Vestfjorden ferry connection operated by Torghatten Nord, with a planned start of operation in 2026. The facility will be the first to supply pressurized green hydrogen directly from the facility to a maritime vessel, the German firm said. Luxcara acquired a majority stake in the Bodø project company in early 2024. The Norwegian project developer, GreenH AS, will retain the minority stake.

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Category: Hydrogen

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