Greenstat Hydrogen India (GHI), a developer of green hydrogen and its derivatives, and H2Carrier, a pioneer in floating green ammonia production solutions, signed of a Memorandum of Understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka.

Under the MoU, GHI and H2Carrier will collaborate on project identification, feasibility studies, and the implementation of green hydrogen and ammonia production facilities, with a particular focus on leveraging H2Carrier’s P2XFloater technology for floating production solutions.

Key objectives of the MoU include:

• Joint identification and development of green hydrogen and ammonia projects in India and Sri Lanka

• Exploring opportunities to implement H2Carrier’s floating production technologies

• Feasibility studies and partnerships for project financing and deployment

• Supporting the global energy transition through scalable and sustainable solutions

GHI was established in 2020 by Greenstat ASA which is a Norwegian green energy company that develops and owns its own projects and invests in external companies that contribute to zero-emission solutions and create green value. Greenstat ASA is today part of FDE (Française De l’Énergie), a multi-energies producer, which offers low carbon footprint solutions.

H2Carrier provides floating green ammonia production technology through its P2XFloater solution. H2Carrier delivers cost-effective and scalable solutions for green hydrogen and ammonia production and distribution worldwide.