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Holmaneset Green Hydrogen/Ammonia Project Power Purchase Agreement Extension

Sector: Power Generation (CCGT) • Location: Norway

Source: TS2

Project
Planned

Statkraft and Fortescue revised their power purchase agreement for the planned Holmaneset green hydrogen/ammonia development in Norway. The revised agreement extends the timeframe to 2029 and provides for a ten-year power supply, subject to financial close and start of commercial operations. The project is planned with about 300 MW power demand and estimated output of more than 40,000 tonnes of gr

Status
Prospective
Sector
Power Generation (CCGT), Hydrogen, Metal, Commercial
Location
Norway
Updated
22 Jul 2026
Source
TS2

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Project Information

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The project “Holmaneset Green Hydrogen/Ammonia Project Power Purchase Agreement Extension” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Norway. Taiyo aggregates data on it from TS2.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Statkraft and Fortescue revised their power purchase agreement for the planned Holmaneset green hydrogen/ammonia development in Norway. The revised agreement extends the timeframe to 2029 and provides for a ten-year power supply, subject to financial close and start of commercial operations. The project is planned with about 300 MW power demand and estimated output of more than 40,000 tonnes of green hydrogen and around 225,000 tonnes of ammonia per year once operational.

Original sector

Renewable Energy

Location

Country

Norway

Source

Source

TS2

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Hydrogen, Metal, Commercial

Article published date

2025-12-19

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