Norwegian and German firms explore green hydrogen offtake agreement

Norwegian green hydrogen firm Gen2 Energy intends to supply green hydrogen from its upcoming hydrogen plant in northern Norway’s Mosjøen.

PHOTO: A model of the proposed green hydrogen production plant in Mosjøen, Norway. Gen2 Energy

A Memorandum of Understanding (MOU) has been signed by Gen2 Energy and SEFE Securing Energy for Europe, a German energy firm, to pursue a potential offtake agreement of green hydrogen.

The green hydrogen production facility in Mosjøen is expected to commence operations in the next 2-3 years.

Gen2 Energy seeks to supply te green hydrogen produced from Mosjøen to SEFE through a long-term supply agreement. It says SEFE will receive hydrogen loaded in specially designed containers for transport on ships to ports in Germany, the Netherlands and the UK.  

Both parties are expected to reach a supply-purchase agreement within the next six months.  

Gen2 Energy is working on several green hydrogen projects in Norway. Last month, it secured land to build a green hydrogen plant in Monstad Havneområde in Åfjord, Norway. The company has also partnered with Norway’s hydrogen bunkering company Hyon to develop a hydrogen hub for maritime transport in Nordland.

By Nithin Chandran

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