Large-scale green hydrogen production projects for off-takers in the Nordics and Brazil are being investigated by the Norwegian company Hydro Havrand and the Swedish company H2 Green Steel.
In accordance with a signed Memorandum of Understanding (MoU), the firms will look into potential green hydrogen production projects in Brazil that may produce up to five million tonnes of green steel directly in a plant owned by H2 Green Steel.
The partners have also stated that they will look into the possibility of building a sizable green hydrogen production facility in the Nordic region. The companies will work together on design specifications, standardization, and optimization of hydrogen generation, storage, and use in order to achieve its objectives.
H2 Green Steel and Hydro Havrand want to reduce emissions from industrial operations and establish sustainable jobs by investing in hydrogen production.
