The parties have agreed that Gen2 Energy can secure, on a long-term basis, the industrial site Lundevågen Havneområde in Farsund to build a production facility for green hydrogen, as well as gain access to quay facilities for the transport of green hydrogen to relevant markets in Norway and Europe. Gen2 Energys ambitions are to build a plant that ensures large-volumes of green hydrogen.
Jan Fredrik Råknes, Head of Business Development in Gen2 Energy says, – We are very happy to have chosen Farsund as the location for large-scale production of green hydrogen. Farsund has a good mix of low-cost renewable energy, access to land for industrial purposes with good shipping possibilities and will be an important addition to our portfolio of production sites for green hydrogen along the Norwegian coast.
Ingrid Williamsen, mayor of Farsund municipality says, – Today I signed an option agreement between Gen2 Energy and Farsund Municipality. It will be exciting to follow the process going forward. Looking forward to the collaboration.
The agreement gives Gen2 Energy the opportunity to build a production plant on the industrial area Lundevågen (60+ acres). The area must be prepared and regulated for hydrogen production and this work starts at the first opportunity. Gen2 Energy is currently conducting a concept study related to the hydrogen plant in Farsund in order to clarify important matters such as the size of the plant and the form of production.
The important parts of the agreement are Gen2 Energys access to power, land and quay facilities enabling production and transport of large quantities of green hydrogen.
For more information, contact
Gen2 Energy:
Kjetil Bøhn, CEO. Tel. +47 915 73 818, kjetil.bohn@gen2energy.no
Jan Fredrik Råknes, Head of Buisiness Development, Tel. +47 992 67 730, Jan.fredrik.raknes@gen2energy.no
Farsund municipality:
Mayor Ingrid Williamsen, Tel + 47 975 15 233, ingrid.williamsen@farsund.kommune.no
Chief Executive Ståle Mannevik, Tel +47 489 97 031, stale.mannerak.kongsvik@farsund.kommune.noGen2 Energy in brief
Gen2 Energy is a Norwegian company dedicated to developing, build, own and operate an integrated value chain for green hydrogen. The company target to have several large-scale production facilities for green hydrogen located in Norway and Northern-Europe as well as a distribution network ensuring customers safe and reliable delivery. We also aim to use low/zero emission fuel in our distribution system, taking a wholistic view on the environmental footprint of the hydrogen value chain. For more information, visit www.gen2energy.com
