Gen2 Energy AS and Farsund Municipality have signed an agreement enabling Gen2 Energy to secure long-term access to the Lundevågen Havneområde industrial site in Farsund. The agreement paves the way for the construction of a large-scale green hydrogen production facility, including access to quay infrastructure for the export of hydrogen to markets across Europe and within Norway.
Under the agreement, Gen2 Energy plans to establish a plant at the site to support high-volume green hydrogen production. The facility will benefit from Farsund’s favourable conditions, including access to low-cost renewable energy, suitable industrial land, and strategic maritime logistics.
“We are very happy to have chosen Farsund as the location for large-scale production of green hydrogen,” said Jan Fredrik Råknes, head of business development at Gen2 Energy. “Farsund offers a compelling combination of renewable energy resources, industrial zoning potential, and efficient shipping access, making it a valuable addition to our portfolio of coastal hydrogen production sites in Norway.”
Mayor Ingrid Williamsen of Farsund Municipality welcomed the collaboration, stating, “Today I signed an option agreement between Gen2 Energy and Farsund Municipality. It will be exciting to follow the process going forward, and we look forward to the collaboration.”
The agreement grants Gen2 Energy access to more than 60 acres of land at the Lundevågen site, which will require preparation and zoning for hydrogen production. This preparatory work is set to begin promptly. In parallel, the company is conducting a concept study to determine the scale and technology approach for the facility.
A key component of the agreement is the access to quay facilities, enabling the large-scale export of green hydrogen to European markets, reinforcing Gen2 Energy’s role in supporting the energy transition.
For more information visit www.gen2energy.com
