In Norway, Horisont Energi, a clean energy and carbon transport and storage services provider, and Lhyfe, a global player in renewable green hydrogen, entered a memorandum of understanding (MoU) for the joint development of green ammonia-producing plants in Europe fed by green hydrogen plants.
Through this agreement, Lhyfe and Horisont Energi wish to collaborate for the joint development of solutions to provide renewable green hydrogen to ammonia-producing plants in Norway and in Europe to supply the ammonia market as Norway has a very strong maritime sector. A first development project consisting in renewable hydrogen and green ammonia production plants could be located in the northern part of Europe. The two companies will also jointly search for strategic positions in renewable energy in Europe to identify new and existing project opportunities for industrial scale green ammonia plants. Building upon the core competency of Lhyfe within the production of renewable green hydrogen and Horisont Energi’s competency within clean ammonia, there is substantial potential for growth in the partnership.
