Organization
Iverson eFuels is a project led by Hy2gen, Copenhagen Infrastructure Partners (CIP) and Trafigura. Hy2gen is an international company specialized in designing, building and operating green hydrogen and green hydrogen-based derivatives. CIP specializes in energy infrastructure investments and is among the largest fund managers globally within the field of renewable energy. Trafigura is one of the world’s leading independent commodity trading companies. The partners mentioned here are ready to invest in the project to ensure successful development and make the project’s vision a reality. A full project team is established to manage the project through the next phases of development and construction.
Project description
Iverson eFuels is a leading green ammonia project, deploying large-scale industrial use of electrolysis technology, at around 300 MW level. The hydrogen/ammonia plant will be powered by green electricity from renewable hydropower sources. Based on this CO2-free production process, Iverson will be able to offer green ammonia to the market for green fuels in the maritime sector.
Decarbonization
Iverson eFuels is spearheading the decarbonization of the hard-to-abate sectors by making large volumes of green ammonia available. The project will seek to optimize efficient use of power and establish systems for local and regional circular processes.
The next generation of renewable energy
Iverson eFuels will be among the first green ammonia plants in Europe on a larger scale, contributing to the much-needed acceleration of the decarbonization journey of the maritime sector towards carbon neutrality in 2050. In addition, it will be a key driver for the commercialization of a technology that can form the basis for the establishment of a hydrogen cluster in the region of Rogaland – the energy capital of Norway.
About Iverson eFuels AS
Iverson eFuels AS is established to develop, construct and operate production of large scale green ammonia at Sauda, Norway. Together with the local community and national authorities we are developing the future of green industry.
- Iverson eFuels was founded in 2022 by Hy2gen, CIP and Trafigura following a successful feasibility study.
- The owners of Iverson eFuels have a broad industrial background from the green energy industry, shipping, trading, investment management, and will jointly have a broad set of resources to allocate to Iverson eFuels to ensure successful development.
- Iverson has offices in Sauda and Sandnes, Norway.
