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Hy2gen wins renewable electricity supply for its H2 and green ammonia production project
Hy2gen Canada Inc, the Canadian subsidiary of global green H2 producer Hy2gen, have been selected, subject to agreement with Hydro-Québec, to get a block of electricity for a green H2 and green ammonia production plant in Baie-Comeau. The electricity from the Courant project will be supplied by Hydro-Québec and will be used to power H2 and green ammonia production. This is a pivotal milestone for project Courant as this marks the point where front-end-engineering can begin, and the final investment decision (FID) is within reach.
If the final investment decision is positive, Hy2gen plans to start construction of the green ammonia plant in the second half of 2026, with first green ammonia production scheduled for 2029, depending on Hydro-Québec's connection schedule. For Hy2gen, this is another decisive step forward. Since 2023, Hy2gen has been producing green H2 at its plant in Werlte, Germany.
The steady electricity supply of from hydroelectric-based power grid for the Courant production plant will allow for a constant operation of the electrolysis process in which water is broken up into oxygen and H2. Together with nitrogen produced onsite, this green H2 will be turned into green ammonia. Courant’s location appeals with short transport routes to off-takers where the green ammonia will be used to decarbonize chemicals production, enabling the transition to a sustainable and emission neutral industry.
Cyril Dufau-Sansot, CEO of Hy2gen, said, "We are honored by the Quebec government's decision to award a block of energy to our Courant project in Baie-Comeau. This recognition is a vote of confidence in our vision and commitment to producing green H2 in Quebec. This is a giant step forward for Hy2gen Canada and the renewable energy industry, enabling us to make a significant contribution to decarbonizing the economy and achieving Quebec's ambitious sustainable development goals."
Pietro Di Zanno, Director of Hy2gen Canada Inc., said, "We are grateful to the Quebec government, Hydro-Québec and the people of Baie-Comeau for their help in developing this flagship project. We look forward to working with everyone to advance the project and reap the benefits for Quebec."
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