Q2 2024: North Ammonia signs land lease agreement and starts pre-FEED study for Eydehavn Green Ammonia

North Ammonia AS has signed a long-term land lease agreement with Arendal Havn and starts execution of the pre-FEED study with Genesis, part of Technip Energies, for our 171 MW Eydehavn Green Ammonia project.

“We are very pleased to have reached new important milestones related to our development work in Arendal. We are making good progress across all main work streams for our first green ammonia production facility. We are seeing a growing market for green ammonia in the years to come, especially within the maritime industry as a zero-emission fuel”, says Mikkel Tørud, CEO of North Ammonia.

The land lease agreement secures North Ammonia access to area for the full production facility, storage tank and access to required infrastructure at the industrial port at Eydehavn.

In the pre-FEED study, the technical concept for the production, storage and loading facility will be further matured and will form the basis for the environmental impact assessments and permitting processes.

In May 2024, North Ammonia secured a grid capacity reservation of 171MW to ensure stable supply of renewable poewr for the production facility.