Hy2gen cancels Norwegian green ammonia project with bunkering potential

Hy2Gen-owned Iverson eFuels has pulled the plug on its planned green ammonia project in Sauda district, which had potential bunkering allocation.

IMAGE: Aerial view of Birkeland industrial site in Sauda, Norway. New Kaupang

Iverson eFuels is a project developer, jointly established by global green hydrogen producer Hy2gen and Danish fund manager Copenhagen Infrastructure Partners (CIP).

This decision was prompted by the withdrawal of allocated grid capacity and uncertainty over future grid access, according to the company.

Iverson’s green ammonia project at the Birkeland industrial site in Sauda was allocated 270 megawatts (MW) of hydropower-based grid capacity to power onsite green hydrogen electrolysis.

But Norwegian state-owned grid operator Statnett withdrew the project's allocated grid capacity in December 2025, after development fell over two years behind schedule.

“Statnett has stated that new capacity may only become available once the upgraded grid is completed, expected in the period 2033–2035. At the same time, there is no guarantee as to when the upgraded grid will be ready,” the company explained.

The project’s final targeted ammonia production capacity had not been disclosed. But ENGINE reported last year that part of the output was expected to be allocated to marine bunkering, alongside other sectors.

The developers now intend to build a data center at the site, effectively closing the door on a green ammonia plant at the location.

By Konica Bhatt

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