HYDS Accelerates Green Hydrogen Revolution with New Projects

2025-11-07 investment

London, Friday, 7 November 2025.
HYDS has committed to two 20 MW green hydrogen plants in Norway, signaling a shift towards sustainable energy. These projects highlight the growing momentum of hydrogen as a fossil fuel alternative.

A New Era for Green Hydrogen in Norway

HYDS has taken a significant step in the green energy sector by finalising investment decisions for two 20 MW green hydrogen projects in Norway, named HyFuel and Kaupanes Hydrogen. Located in Florø and Egersund, respectively, these facilities aim to support a wide range of sectors, including maritime, transportation, and construction, by providing a sustainable alternative to fossil fuels [1][2].

Collaborative Efforts and Technological Advancements

These projects are not just about energy; they’re a symphony of collaboration. HYDS has partnered with local energy companies and is leveraging the expertise of NEL Hydrogen, which will supply the PEM electrolysers for both plants. This collaboration highlights the importance of local partnerships in driving technological advancements and economic growth in Norway [1][3][5].

Government Support and Economic Impact

The Norwegian government, through Enova, has backed these projects, recognising their potential to contribute significantly to the national economy and environmental goals. Both HyFuel and Kaupanes Hydrogen have received substantial financial support, totalling NOK 386 million, showcasing the government’s commitment to fostering green technology and reducing carbon emissions [6][7].

Future Prospects and Global Implications

As these projects move into the construction phase, they are set to become benchmarks for future green hydrogen initiatives. By advancing these facilities, HYDS not only strengthens Norway’s position in the global hydrogen market but also sets an example for other countries striving for sustainable energy solutions [4][5].

Engaging with the Local Community

A key aspect of these projects is community engagement, which aims to create jobs and boost local economies. By involving local engineering firms like Moreld Apply, HYDS ensures that the benefits of these projects extend beyond energy production to include economic and social growth in the regions [3][5].

Bronnen

green hydrogen investment