The Lundevågen site requires preparation and regulatory adjustments to support hydrogen production. Gen2 Energy plans to initiate this work promptly. The company is currently conducting a concept study to determine key details, such as the facility’s size and production methods, to ensure efficient development.
Jan Fredrik Råknes, Head of Business Development at Gen2 Energy, said: “We are very happy to have chosen Farsund as the location for large-scale production of green hydrogen. Farsund has a good mix of low-cost renewable energy, access to land for industrial purposes with good shipping possibilities and will be an important addition to our portfolio of production sites for green hydrogen along the Norwegian coast.”
Farsund’s Mayor, Ingrid Williamsen, expressed enthusiasm about the partnership, stating: “Today I signed an option agreement between Gen2 Energy and Farsund Municipality. It will be exciting to follow the process going forward. Looking forward to the collaboration.” The agreement marks a significant step toward establishing Farsund as a hub for sustainable energy production.
Gen2 Energy is advancing multiple green hydrogen projects across Norway, including facilities in Mosjøen in the Helgeland region and Åfjord in the Trøndelag region. These sites are also designed to support hydrogen exports via shipping, contributing to the company’s goal of expanding clean energy solutions.
The Farsund project aligns with Gen2 Energy’s broader strategy to leverage Norway’s renewable energy resources and strategic coastal locations. By developing a network of production facilities, the company aims to meet growing demand for green hydrogen in both domestic and European markets, supporting the transition to sustainable energy systems.
This initiative underscores the collaborative efforts between Gen2 Energy and local authorities to promote environmentally friendly industrial development. The Lundevågen facility is expected to enhance Farsund’s role in the green energy sector while providing efficient access to hydrogen markets through its well-positioned port infrastructure.
