Norway's Enova awards USD 112m to maritime hydrogen hub, ship projects

Hydrogen-powered vessel. Source: Samskip.

Norwegian state-run enterprise Enova SF on Thursday announced NOK 1.12 billion (USD 112m/EUR 107m) in total financing for a number of green hydrogen hub projects and hydrogen-powered ships.

The company, which is owned by the Ministry of Climate and Environment, is providing NOK 669 million in financial support to five green hydrogen production plants along the Norwegian coast, also referred to as hubs, and a further NOK 451.3 million to seven hydrogen and ammonia-powered vessels.

According to Nils Kristian Nakstad, CEO of Enova, the supported green hydrogen hubs will have the combined capacity to supply between 35 and 40 vessels, including the financially-backed ships.

The table below gives details about the five hydrogen hub projects.

Project (company) name	Location	Financial support	Owners	End-use	Production start-up
Glomfjord Hydrogen AS	Glomfjord, Meloy	NOK 150m	Greenstat ASA, Nel ASA, Meloy Energi AS, Troms Kraft AS	Sea and land transport	--
Hydrogen hub Rørvik	Rorvik	NOK 125.7m	NTE, H2 Marine	A wide range of vessels	--
Hydrogen hub Central Norway	Hitra Industrial Park and Coastal Harbor, Josnoya	NOK 113m	TronderEnergi, Statkraft	--	2025
HyFuel AS	Floro	NOK 132m	Fjord Base Holding (FBH), Sogn og Fjordane Energi AS (SFE), Gasnor AS	--	--
Hydrogen hub Agder	Kristiansand	NOK 148m	Everfuel AS, Greenstat ASA, others	Boats	Q4 2024

Everfuel and Nel ASA separately confirmed the awards to the projects they are involved in, saying that each will build a 20-MW electrolyser.

At the same time, Enova has awarded NOK 205.6 million to Faerder Tankers Norway AS so it could build two tankers and two car carriers that use ammonia as fuel. Ocean Infinity, in turn, has received NOK 148.6 million to build the first two container vessels that use hydrogen as fuel, while Thor Dahl Bulk AS has won NOK 97 million for a bulk vessel utilising fuel cells.

(NOK 1 = USD 0.100/EUR 0.095)

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