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Fortescue Future Industries (FFI) has secured renewable
power for its proposed Holmaneset
green energy project, entering into a long-term Power Purchase
Agreement (PPA) with Statkraft.
The conditional agreement signed in Oslo will see
Statkraft supply renewable power to support FFI’s operational plans
for a 300 megawatt green hydrogen and green ammonia facility.
FFI undertook a Scoping Study across Norway to
identify potential locations for the development of renewable energy
and port facilities. Through that process, the Holmaneset Project site
was identified as a prime location (approximately 8km west of Svelgen
in Bremanger municipality).
Currently in the feasibility phase of the
Holmaneset Project, FFI is conducting several environmental, viability
and social studies and is developing a project concept in line with
Norwegian regulations, FFI’s environmental and social policies and
values, and international good practice. The PPA is conditional upon a
positive Final Investment Decision for the Holmaneset Project.
Statkraft is a leading company in hydropower
internationally and Europe’s largest generator of renewable energy.
The Group produces hydropower, wind power, solar power, gas-fired
power and supplies district heating.
Green Play Ammonia™, Yielder® NFuel Energy.
Spokane, Washington. 99212
509 995 1879
Cell, Pacific Time Zone.
General office:
509-254
6854
4501 East Trent
Ave.
Spokane, WA 99212
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