A major green hydrogen project in Norway involving Luxcara and GreenH has reached final investment decision (FID).
The Bodø Hydrogen Project, located at Langstranda in Bodø municipality, will in phase 1 have an electrolyser capacity of 20 MW and an annual production capacity of up to 3,100 tonnes of green hydrogen. In phase 2, an additional 10 MW will potentially be installed, raising annual production capacity to about 4,800 tonnes.
Luxcara and GreenH recently secured NOK129m (c.€11m) in funding from Enova, a state enterprise owned by the Norwegian Ministry of Climate and Environment, for the Bodø project in December 2024, enabling them to now move to FID.
Preparatory work on site is already underway and commercial operations are expected in 2026.
The hydrogen will be delivered to the Vestfjorden ferry connection operated by Torghatten Nord. The facility will be the first to supply pressurised green hydrogen directly from the facility to a maritime vessel.
Luxcara acquired a majority stake in the Bodø project company in early 2024. The Norwegian project developer, GreenH, will retain the minority stake.
Both companies have already been collaborating for over a year, complementing each other’s expertise in realising large-scale clean infrastructure projects.
The Bodø project is the second green hydrogen facility adding to Luxcara’s diverse clean energy transition portfolio. In 2023, Luxcara announced its majority involvement in the Hamburg Green Hydrogen Hub (HGHH) project in Germany.
Together with their consortium partner Hamburger Energiewerke, the local municipal energy provider, Luxcara is building a 100 MW green hydrogen infrastructure on the site of the former Moorburg coal-fired power plant.
Halvor Nessen, Investment Manager at Luxcara, said the Bodø project embodies all the key elements needed for a successful green hydrogen project: a strong and committed joint team, proximity to local demand through ferry operator Torghatten Nord and access to cheap baseload renewable power.
“Having the potential to monetise residual heat and oxygen, provides an extra layer of value. It is pioneering undertakings like this that will define the first wave of successful green hydrogen projects,” he said.
Morten Solberg Watle, CEO of GreenH, said hydrogen is the fuel of the future. “We are now moving full speed ahead with the actual construction of the hydrogen facility on the site in Bodø. The facility will be the first of its kind in Northern Europe and thus mark an exciting new chapter in the European green hydrogen market.”
