Aker Clean Hydrogen has invested in Meraker Hydrogen AS through a private placement, acquiring a 20% stake in the company.

The investment aims to catalyze the growth of green hydrogen production in Mid-Norway and to decarbonize local transportation and industries.

The company wants to construct a plant capable of producing up to ten tons of green hydrogen per day, which is equivalent to 23 MW of installed electrolyzer capacity, using renewable energy sources in the area. Production is scheduled to begin in early 2024.

The manufacturing plant will be located in Kopper, Merker municipality, close to the railway and European road E14.

“Meraker Hydrogen is well positioned to create green value chains and decarbonize local shipping and transportation sectors in addition to other potential industry users,” said Knut Nyborg, Chief Executive Officer of Aker Clean Hydrogen.