Eurowind Energy and H2Carrier have signed a memorandum of understanding (MoU) for developing low carbon fuels from wind and solar power.
The cooperation aims to produce e-ammonia for the maritime sector, using intermittent and stranded European wind and solar resources as feedstock for H2Carrier’s floating hydrogen and ammonia production and storage concept.
The P2XFloater is the world’s first floating production unit for producing green ammonia at an industrial scale.
Eurowind Energy is one of Denmark’s largest onshore wind players and also has solar assets.
It also develops projects in Germany, Poland, Romania, Sweden, Bulgaria the UK and Southern Europe.
“We are excited to join forces with Eurowind Energy A/S with the aim of offering green ammonia to the industrial and marine fuel market.
“Eurowind Energy has access to a primary market with +25,000km of coastline which, matched with the P2XFloater system, represents major opportunities for near shore production of low carbon fuels” said H2Carrier CEO Marten Lunde.
Henrik Lykke Sorensen, head of strategic business development at Eurowind Energy, added: “H2Carrier’s innovative P2XFloater provides Eurowind with the opportunity for a fast-track development of renewable power resources and enable us to participate in the rapidly growing market for low carbon fuels.
“We are excited to engage with H2Carrier as partners in exploration of the opportunities for deployment of the P2XFloater technology.”