Infinium to develop commercial eFuels project at Mo Industrial Park in Norway
The California-based eFuels company Infinium and Mo Industrial Park have signed a memorandum of understanding to develop Norway’s first advanced eFuels production facility in Mo i Rana, Norway.
Infinium eFuels are made using waste carbon dioxide (CO2) and green hydrogen and can help decarbonize hard-to-abate sectors including aviation and maritime shipping.
Mo i Rana has committed land for the eFuels project and renewable power required to produce green hydrogen as a feedstock for the Infinium process.
Mo Industrial Park is the leading industrial development zone in Northern Norway.
Occupying the park are 110 businesses ranging from recycled steel product manufacturers to industrial laboratories.
In total, around 2,900 people work within the companies in the industry park, which is known for its ambitious goals relating to climate, sustainability and the circular economy.
Infinium has previously announced eFuels projects in South Texas and West Texas in the United States, with offtake commitments from Amazon and American Airlines, respectively, and in Dunkirk, France, in partnership with Engie.
The new Norwegian project will have the capacity to produce an initial 84,000 gallons per day of eFuels including eSAF, eDiesel and eNaphtha with the capacity to expand.
Infinium has more than a dozen projects in development globally.
“The industry in Mo Industrial Park provides ample access to the CO2 we use as a feedstock in our proprietary production process and its leaders have a very clear vision and a well-developed, sophisticated plan for achieving emissions reductions,” said Robert Schuetzle, CEO at Infinium. “The synergies of our partnership will allow Mo i Rana to play a leading and decisive role in advancing the development of eFuels in Europe.”
Arve Ulriksen, CEO of Mo Industrial Park, added, “Carbon capture, utilization and storage will provide solutions for strengthening our existing industry as well as offer competitive advantages for new industrial projects. We see eFuels as valuable and innovative solutions to reduce the overall CO2 impact of the park while also helping reduce transport emissions in sectors that are particularly challenged. Infinium, as a world leader with commercial eFuels projects well underway and an impressive track record of forging commercial partnerships, was the obvious partner for us. We look forward to leading the development of the eFuels industry in Norway and supporting Europe’s efforts to achieve net zero.”