Green NortH2 Energy receives EUR 2.3 million in R&D funding from Business Finland for the development of green hydrogen and ammonia productionBusiness Finland has awarded R&D funding to Green NortH2 Energy, a pioneer of green ammonia production in Finland. With the loan, the company is developing a green hydrogen and ammonia production concept.The company plays an important role in Finland's security of supply and the green transition.
Green NortH2 Energy, Meriaura and Wärtsilä cooperate in building a cargo vessel that runs on green ammoniaGreen NortH2 Energy, Meriaura and Wärtsilä have signed Letter of Intent for building of a cargo vessel that runs on green ammonia. The vessel, equipped with Wärtsilä’s modular multifuel main engines, will be ordered and operated by Meriaura, and Green NortH2 Energy is responsible for supplying green ammonia fuel, which is produced with renewable electricity. The delivery of the vessel is targeted for 2024 and it is planned to start operating on green ammonia in 2026.
Green NortH2 Energy has made a reservation for a site for its green hydrogen project in NaantaliGreen NortH2 Energy Oy has made a reservation for a plot of land in the Luolala area of Naantali to advance the planning of the company’s green hydrogen project. The intention of the project is to produce hydrogen products, such as green ammonia, on the basis of renewable electricity. This enables both global and local green transition and improves Finland’s security of supply. Currently, the company is investigating alternative locations for the production plant.