L&T Partners With Norway-Based H2Carrier To Develop Floating Green Hydrogen, Green Ammonia Projects

Construction and engineering major Larsen & Toubro (L&T) on Friday (13 January) signed a Memorandum of Understanding (MoU) with the Norway-based H2Carrier (H2C) to develop floating green hydrogen and green ammonia projects.

H2C has expertise in developing and integrating Power-to-X (PtX) projects based on affordable, often stranded, non-commercial renewable power.

Under the terms of the MoU, L&T will become a partner for Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) of the topsides for H2C’s floating process plants.

H2C plans to build the P2XFloater hull at yards in Asia, and L&T will design and fabricate the topside process and utility modules to produce green hydrogen and green ammonia, including electrolysers, nitrogen generation plant, and ammonia synthesis unit.

Subramanian Sarma, whole-time director and senior executive Vice President (Energy) at L&T said, "We are delighted to collaborate with H2C on their unique and novel P2XFloater™ design and we strongly believe that L&T, with its globally recognised expertise in Ammonia and Hydrogen production as well as vast experience in design & fabrication of complex process modules, is poised to be the ideal partner for H2C in this venture".

H2C CEO Marten Lunde said, "Our P2XFloater™ design represents a solution which addresses a number of concerns for renewable energy projects: costs, time, use of land and environmental footprint, lengthy planning and regulation processes etc. By teaming up with L&T, we have taken a significant step towards creating an optimal supply chain for delivering P2XFloaters™ on a large scale to projects anywhere in the world".

"We are excited by the markets' response to our P2XFloater™, and through the collaboration with L&T, we are confident of being able to establish a high and reliable production capacity to serve our global customers," Lunde added.