Our value chainOur markets
TeamBoardIndustrial ownersNetworkSubsidiaries
Our storyOur purpose
CareersPress kitDocumentsContact us
Why green hydrogenFacts about hydrogenFAQ'sAbout hydrogen technology
Press release

Innovation Norway supports Norwegian Hydrogen's project at Hellesylt

Innovation Norway offers Norwegian Hydrogen a NOK 35 million ‘green growth loan’.

Hellesylt Hydrogen HUB

"Norway and the world are facing a tremendous transition in the coming years, and we are entirely dependent on the business sector leading the way. Therefore, we need companies like Norwegian Hydrogen to succeed in finding new, sustainable solutions," says Helge Gjerde, regional director for Møre and Romsdal at Innovation Norway.

Norwegian Hydrogen was established in Ålesund in 2020 by a group of investors with an ambition to create a new industry within zero-emission solutions. The company contributes to the green transition by developing and managing infrastructure for green hydrogen, primarily aimed at heavy transport, maritime customer segments, and industrial applications. The project now receiving support from Innovation Norway is the construction of the company's first hydrogen production facility in Norway, to be located at Hellesylt, in Møre and Romsdal county.

Almost ready

"We are almost ready to start production at what will be a fantastic facility, contributing to zero emissions in a number of sectors already this year. The green growth loan strengthens our ability to invest in other projects and further growth. We have big ambitions that take time to build up. It is very gratifying that Innovation Norway has chosen to support us further in this process, just as they did with the Pilot-E support, which contributed to the establishment of the Hellesylt Hydrogen Hub," says Jens Berge, CEO of Norwegian Hydrogen.

The pilot-factory will have a production capacity of 3 MW, and production is planned to start in the middle of 2024. The factory will be the important, first pilot plant that will help lay the foundation for the realization of the company's growth ambitions. The hydrogen plant at Hellesylt will also be an important showcase for continued growth in the company and for the entire industry.

Green growth loan

Innovation Norway has granted NOK 35 million green growth loan to Norwegian Hydrogen. The loan may finance, among other things, large projects in the form of capital-intensive industrial establishments and can be given to companies investing in circular production processes. Investments through the program are intended to contribute towards Norway’s 55-percent goal for greenhouse gas reduction by 2030 and to investments that contribute to green transition.

We hope that Norwegian Hydrogen succeeds, and hopefully their chances increase when we (Innovation Norway) can contribute to reducing the risk for investors.
Helge Gjerde, Innovation Norway

Press release from Innovation Norway (in Norwegian):
Link to press release from Innovation Norway

Contact for more informations

Marielle Furnes Mannseth
Marielle Furnes MannsethGroup Brand & Sustainability Officer
Other news
See all
Helen, Vireon and Norwegian Hydrogen
Helen and Vireon enter into a partnership for a hydrogen refueling station at Helsinki Hydrogen Hub
Following Helen Ltd's final investment decision (FID) earlier in April to build Helsinki's inaugural green hydrogen production facility in Vuosaari, Helen and Vireon have signed a letter of intent with the aim of developing an adjacent heavy-duty hydrogen refueling station. This partnership signifies a leap forward in the deployment of sustainable hydrogen fuel solutions, with Vireon set to construct a cutting-edge heavy-duty hydrogen refueling station adjacent to Helen's production facility.
Read more
Vireon
Vireon granted €9.2 million from EU to pioneer green hydrogen infrastructure in Finland and Denmark.
Vireon, a fully owned subsidiary of Norwegian Hydrogen and the leading hydrogen refueling company in the Nordics, has secured a pivotal EU grant of €9.2 million (NOK 106 million) to spearhead the construction of green hydrogen production and refueling stations for heavy-duty vehicles across Finland and Denmark. This marks a groundbreaking step in Vireon's mission to drive the transition to a decarbonized transportation network throughout Europe.
Read more
Grøn Brint
Grøn Brint initiates final commissioning tests, producing the very first hydrogen molecules in Hjørring
This week, Grøn Brint started their hot commissioning program, adding power and producing the first hydrogen molecules from its Hjørring plant. This marks a key milestone in the company's journey toward the production of green hydrogen for their customer, biogas company GrønGas.
Read more
Tornio image
Norwegian Hydrogen unveils expansion into Finland with a new hydrogen production plant in Tornio
Norwegian Hydrogen AS finally discloses some of their ambitions in Finland, by announcing an important green hydrogen project in Tornio. Tornio has been selected as one of Norwegian Hydrogen's locations for production of green hydrogen in Finland, and a 20-hectare area in the Arctic North industrial area has already been reserved for the company.
Read more
Hellesylt Hydrogen Hub
Norwegian Hydrogen welcomes key equipment deliveries at Hellesylt
This week, Norwegian Hydrogen reaches another big milestone as equipment has started to arrive at Hellesylt to be installed and prepared for commissioning over the next couple of months.
Read more