hydrogen

Norwegian Hydrogen Closes Deal with Billion NOK Potential

Growth company Norwegian Hydrogen has partnered with German cleantech company Quantron AG to become a strategic partner in Quantron´s Clean Transportation Alliance and support the unique Quantron-as-a-Service offering for customers in the transport and logistics industry.
Norwegian Hydrogen Closes Deal with Billion NOK Potential
Illustration of refueling station. Copyright: Vireon

Since the Quantron-as-a-Service concept works in such a way that Quantron’s customers will only fuel their trucks with hydrogen from Quantron’s preferred hydrogen suppliers, this is a substantial contract for green hydrogen producer Norwegian Hydrogen and their refueling company Vireon.

"Norwegian Hydrogen is now working to establish hydrogen refueling stations in key areas of the Nordic region. This is being done through its newly established subsidiary Vireon.

"The agreement with Quantron is a fantastic start for this first step of our planned roll-out in Europe. At the same time, it is a tremendous recognition that such an innovative player as QUANTRON has chosen us as a partner. We look forward to see hundreds of Quantron trucks operating on Nordic roads over the next few years," says Jens Berge, CEO of Norwegian Hydrogen.

Quantron is a German-based company that specializes in zero-emission passenger and freight transport and is offering a unique value proposition with Quantron-as-a-Service to its customers.

"Quantron is setting a new standard for zero-emission transportation of goods and people. We are working on holistic solutions that include not only the vehicles themselves, but also the energy supply and the necessary infrastructure. In Norwegian Hydrogen and Vireon, we have an excellent partner to realize our ambitions in the Nordic market," says Anil Reddi, Director Quantron-as-a-Service at Quantron.

Norwegian Hydrogen produces, distributes and supplies green hydrogen for both mobility and industrial purposes.  As part of this strategy, the company is developing a number of hydrogen projects in the Nordic region, including the development of a network of refueling stations in all Nordic countries under the brand name Vireon. The partnership with QUANTRON will contribute to accelerating Vireon’s ambition to roll out a network of 30-50 large-scale hydrogen refueling stations by 2027.

There is a strong interest and demand for Fuel Cell powered heavy-duty / long-haul trucks in the Nordics and in the rest of Europe. Vireon estimates that there will be more than 1,500 hydrogen-powered trucks in the Nordic countries before 2027. Those vehicles will require an extensive network of refueling stations and the delivery of more than 20,000 tons of hydrogen per year. From there on, the number of trucks will grow rapidly.

"Our planned refueling activities in the Nordics provide a very good basis for further expansion into Europe in the coming years" Berge says.

It is estimated that 1500 hydrogen trucks on Nordic roads will save up to 250,000 tons of CO2 per year compared to diesel vehicles. This is more than the annual CO2 consumption of all inhabitants in a fairly large Norwegian city.

"We are proud of what we at Quantron and Norwegian Hydrogen can achieve through this partnership. Together, we empower Quantron's vision of providing clean and emission-free transportation solutions that have a positive impact on the future of our planet," says Michael Perschke, CEO of Quantron.

 

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