H2Carrier, a pioneer in floating green ammonia production technology, and Greenstat Hydrogen India (GHI), a leader in green hydrogen development, have signed a Memorandum of Understanding (MoU) to collaborate on green hydrogen and ammonia projects in India and Sri Lanka. This partnership aims to support industrial decarbonization and accelerate the global energy transition.
Driving Clean Energy Innovation
Under the agreement, the two companies will work together to identify and develop green hydrogen and ammonia projects, conduct feasibility studies, and implement H2Carrier’s innovative P2XFloater™ technology—the world’s first floating green ammonia production facility.
Sturle Harald Pedersen, Chairman and CEO of GHI, commented:
“This partnership aligns with our mission to advance clean energy solutions. H2Carrier’s P2XFloater™ technology provides a scalable, cost-effective, and renewable energy-based approach to produce green hydrogen and ammonia, enabling large-scale production and export while supporting industrial decarbonization.”
Meeting Growing Demand for Green Ammonia
The collaboration will target sectors such as shipping, agriculture, and heavy industries, which are increasingly turning to green ammonia as a clean fuel and energy carrier.
Mårten Lunde, CEO of H2Carrier, emphasized:
“This partnership represents an exciting opportunity to implement floating production technologies that offer both economic and environmental benefits. Together, we aim to meet the rising demand for green ammonia in key markets while driving sustainable energy development.”
Key Objectives of the MoU
- Joint project identification and development in India and Sri Lanka.
- Leveraging H2Carrier’s floating P2XFloater™ technology for scalable production.
- Conducting feasibility studies and securing partnerships for financing and deployment.
- Supporting the global energy transition with sustainable hydrogen and ammonia solutions.
About Greenstat Hydrogen India (GHI)
Established in 2020 by Greenstat ASA, GHI focuses on developing green hydrogen and its derivatives in Asia and the Middle East. GHI contributes to industrial decarbonization and a cleaner future by delivering innovative energy solutions. Greenstat ASA, a Norwegian green energy company, is now part of Française De l’Énergie (FDE), a multi-energy producer offering low-carbon solutions.
About H2Carrier
H2Carrier is a global innovator in floating green hydrogen and ammonia production solutions. Its P2XFloater™ technology is a groundbreaking platform for producing green hydrogen and ammonia using renewable energy sources, offering flexibility and cost-efficiency for large-scale projects.
This collaboration underscores both companies’ commitment to advancing the clean energy transition and supporting industrial decarbonization in high-impact regions.
