Statkraft and Fortescue extend power supply deal for hydrogen project in Norway
The conditional power supply agreement for the Holmaneset project is extended to 2029, covering a ten-year electricity delivery period, as Fortescue continues feasibility studies.
| Sector | Énergie Hydrogène, Hydrogène vert |
|---|---|
| Theme | Investissements & Transactions, Contrats |
Norwegian state-owned utility Statkraft and Australian group Fortescue have agreed to amend and extend their power purchase agreement (PPA) related to the Holmaneset project, focused on green hydrogen and green ammonia production. The project, located in Norway, remains in the feasibility study phase.
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