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Statkraft secures power-to-X PPA

April 14, 2023

Fortescue Future Industries has signed a long-term power purchase agreement (PPA) with Statkraft for electricity for a 300MW power-to-X plant in Norway.

Norwegian utility Statkraft has agreed to supply electricity for the Holmaneset green hydrogen and green ammonia facility that FFI is planning in Norway’s Bermanger municipality. The project is still in its early feasibility stage.

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