Green over gray ammonia.
Simple.
By developing hydrogen plants that produce green ammonia, we are on a mission to accelerate the green transition.
Global ammonia production is at a turning point. Advancements in the hydrogen economy enable carbon-free ammonia production in locations with high-quality infrastructure, a reliable supply of renewable energy, and a stable investment environment.
Green North Energy is developing hydrogen plants first in Finland, further solidifying the country’s status as the forerunner in the new era of the hydrogen economy.
The current fossil-based production of ammonia accounts for ~2% of global CO2 emissions.
Green ammonia makes an impact.
Project Development
Green North Energy’s first project, a hydrogen plant focusing on green ammonia production, will be completed in Naantali in Southwestern Finland. The initial investment for the 280MW plant is approximately 600 million euros.
The uniqueness of our plant concept lies in its scalability. In addition to Naantali, we are looking ahead to developing hydrogen plants elsewhere in Finland. We also have the capability for project development beyond Finland’s borders. Especially in Europe, ammonia is a significant security of supply issue, to which we have the capacity to respond.
Read more about our projects.
Finland Enabling the Green Transition
The development of the hydrogen economy in Finland is in full momentum as planned investments continue to grow rapidly. Of all locations, the rise of the hydrogen economy in Finland is not without reason.
Finland’s ambitious and consistent goals for the green transition create exceptional conditions for the emergence of hydrogen economy ecosystems. These establish the conditions for Finland to become a global leader in green hydrogen production. We at Green North Energy are eagerly accelerating this initiative further.
We are part of the vibrant Finnish hydrogen economy front
First Food Production, Then the Maritime Industry
Food production requires fertilizers, and fertilizers require ammonia. Therefore, our societies are heavily dependent on a reliable supply of ammonia.
With the existing demand, there are vast global markets ready for ammonia produced in hydrogen plants. Market readiness is indicated by the expectation that green ammonia will achieve price parity with equivalent fossil products as the first end product of the hydrogen economy.
With a reliable green ammonia supply, Green North Energy can contribute to the security of supply and food security in Finland, and elsewhere in Europe.
In the coming decades, significant global markets are emerging for ammonia used as fuel in maritime traffic. Market development is driven by robust regulations aimed at emissions reduction. By championing the production of green ammonia now, Finland is at the forefront, creating capabilities to meet future market demand and enabling a future with cleaner maritime traffic.
News
Green North Energy’s pilot plant granted environmental permit
Green North Energy’s first green hydrogen and ammonia plant has been granted environmental and water management permits, allowing the Naantali project to proceed without interruption. The green hydrogen products will help replace climate-damaging fossil fuels, improve security of supply, and create jobs in the green transition sector.
Green North Energy partners with Meridiam to develop Finland’s first green ammonia plant
Green North Energy, a Finnish green energy project development company, is receiving the support of Meridiam, an independent Benefit Corporation specialized in the development, investment and asset management of sustainable infrastructure over the long term. Meridiam support will enable the final stages of development of the company’s first green hydrogen and ammonia plant, which is set to begin operations in Naantali, Finland.