Hy2gen is awarded renewable electricity supply for its hydrogen and renewable ammonia production project Courant in Baie-Comeau, Quebec

07 June 2024

Hy2gen Canada Inc, the Canadian subsidiary of global renewable hydrogen producer Hy2gen, have been selected, subject to agreement with Hydro-Québec, to get a block of electricity for a renewable hydrogen and renewable ammonia production plant in Baie-Comeau. The electricity for the Courant project will be supplied by Hydro-Québec, and will be used to power hydrogen and renewable ammonia production. This is a pivotal milestone for project Courant as this marks the point where Front-End-Engineering can begin and the final investment decision (FID) is within reach.

If the final investment decision is positive, Hy2gen plans to start construction of the renewable ammonia plant in the second half of 2026, with first renewable ammonia production scheduled for 2029, depending on Hydro-Québec’s connection schedule. For Hy2gen, this is another decisive step forward. Since 2023, Hy2gen has been producing renewable hydrogen at its plant in Werlte, Germany.

The steady electricity supply from the hydro-electric-based power grid for the Courant production plant will allow for a constant operation of the electrolysis process in which water is broken up into oxygen and hydrogen. Together with nitrogen produced on site, this renewable hydrogen will be turned into renewable ammonia. Courant’s location appeals with short transport routes to off-takers where the renewable ammonia will be used to decarbonise chemicals production, enabling the transition to a sustainable and emission neutral industry.

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Cyril Dufau-Sansot, CEO of Hy2gen, is delighted with this achievement: “We are honoured by the Quebec government’s decision to award a block of energy to our Courant project in Baie-Comeau. This recognition is a vote of confidence in our vision and commitment to producing renewable hydrogen in Quebec. This is a giant step forward for Hy2gen Canada and the renewable energy industry, enabling us to make a significant contribution to decarbonising the economy and achieving Quebec’s ambitious sustainable development goals.”

Pietro Di Zanno, Director of Hy2gen Canada Inc. adds: “We are grateful to the Quebec government, Hydro-Québec and the people of Baie-Comeau for their help in developing this flagship project. We look forward to working with everyone to advance the project and reap the benefits for Quebec.”

Advancing the global energy transformation

Through its global subsidiaries, Hy2gen aims to become the largest and most reliable supplier of renewable hydrogen – a powerful accelerator of renewable transformation. The progress of the Courant project marks a further step on the road to large-scale, cost-effective production of renewable energy solutions such as hydrogen and renewable ammonia, and to market leadership with this concept. The award of the power supply contract for Courant demonstrates that Hy2gen has the confidence of decision-making institutions and is establishing itself as a serious player in the global renewable energy market.

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