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Hy2gen Norge, a subsidiary of Hy2gen AG, is changing its name to Hy2gen Nordic. This change signifies the company’s strategic expansion beyond Norway into other Nordic countries. Hy2gen is a global leader in developing, financing, building, owning and operating renewable hydrogen and hydrogen-based e-fuel plants.
Founded in 2019, Hy2gen Norge has been leading the development of renewable hydrogen projects in Norway to reduce carbon emissions in hard-to-abate sectors such as the maritime industry. The decision to rebrand as Hy2gen Nordic comes as the company sets off an ambitious plan to extend its business in Sweden, Finland, Iceland and Denmark.
“Our new name, Hy2gen Nordic, better represents our vision and commitment to develop innovative renewable hydrogen projects across the entire Nordic region,” says Hege Økland, Managing Director of Hy2gen Nordic (pictured). “As we grow, we remain dedicated to our mission of decarbonising carbon-intensive industries through renewable energy production.”
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Expanding into all Nordic countries will involve establishing new partnerships, launching new production projects, and exploring innovative initiatives to maximise the region’s renewable energy potential and promote synergies across industries. Hy2gen Nordic aims to build on its success by capitalising on the experience gained in Norway and other projects in Hy2gen’s portfolio.
Key initiatives in the expansion plan include:
- Hy2gen Nordic plans to set up state-of-the-art renewable hydrogen and hydrogen-derivate production plants in strategic locations in Sweden, Finland, Iceland, and Denmark.
- The company is actively seeking partnerships with local governments, industries, and other renewable energy providers to foster collaboration and accelerate the adoption of renewable hydrogen technologies.
- Hy2gen Nordic will continue to invest in cutting-edge research and development to enhance the efficiency and scalability of its hydrogen production processes.
“We are excited about bringing our expertise to new markets and contributing to our customers’ energy transition”, says Økland.
