H2Carrier Partners to Develop Offshore Wind to Ammonia Project in Greenland

  • Greenland is uniquely positioned to take a leading role internationally for the supply of green ammonia and locally, a significant industrial project of this magnitude will be important to the Greenland society by way of employment opportunities and positive economic impact.
  • Clients are based internationally and Greenland will benefit from new employment and export revenues. This is a win/win project-  from the climate to the treasure.

Norway-based H2Carrier announced it has signed a letter of intent (LOI) with Greenland-based Anori to develop the first commercial wind farm in Greenland with subsequent production and export of green ammonia. The wind farm is projected to comprise 1.5 gigawatts (GW) of renewable energy which will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia. Green ammonia will be stored in tanks onboard the vessel, then exported to smaller shipping vessels and carried to the international market.

CEO Mårten Lunde in H2Carrier, said, “All industrial use of ammonia at present is associated with significant emissions of CO2. By building on established and proven technologies with a strong safety track record from oil and gas, we have developed zero-carbon solutions for ammonia which is a key ingredient in agriculture and the food industry. Greenland is uniquely positioned to take a leading role internationally for the supply of green ammonia and locally, a significant industrial project of this magnitude will be important to the Greenland society by way of employment opportunities and positive economic impact.”

Lunde said, “The innovative P2XFloater design represents a cost and time-efficient and flexible solution for the production of green ammonia on an industrial scale at a competitive price. The demand for green ammonia is rapidly increasing due to industrial decarbonization. This is an attractive project at the right location at the right time.”

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