Hydrogen Central

Veidekke becomes co-owner of Applied Hydrogen – Applied Hydrogen to deliver 30-ton excavator

Applied Hydrogen excavator

Veidekke becomes co-owner of Applied Hydrogen – Applied Hydrogen to deliver 30-ton excavator.

Veidekke expands the collaboration and becomes co-owner of Applied Hydrogen at
Kongsberg.

Berit Laanke, Director of Business Development Sustainability at Veidekke Infrastruktur, says:

In order for the building and construction industry to halve CO\2\
emissions by 2030, we need to work with a broader range of sustainable energy solutions than we have done so far.

“We are now taking action on this development together with Applied Hydrogen,”

Greenhouse gas emissions at Veidekke are largely linked to the consumption of
building materials. Construction activity also has a significant footprint from
the heavy part of the machinery fleet in particular.

“We were early adopters of battery-electric excavators, but believe that our
energy consumption will be covered by several different energy carriers and that
hydrogen will play a role in the heaviest operations. New energy solutions are
also in demand from our customers, which is why we are now taking greater
responsibility together with a very interesting partner,” Laanke continues.

Applied Hydrogen AS was established in Kongsberg in 2020. The company is
converting heavy construction machinery from diesel to hydrogen operation, and
will simultaneously establish a distribution network for hydrogen to building
and construction sites. Veidekke has secured a 20% ownership interest in the
company, and Director Neal Nordahl of Veidekke Anlegg will represent Veidekke on
the board.

Neal Nordahl, director of Veidekke Anlegg, says:

Applied Hydrogen represents a unique competence environment with insight and experience from industrial production, technology, energy, sustainability as well as mechanical and digital solutions.

“The company has a holistic and long-term approach throughout the value chain, from energy production and distribution to machinery and equipment. Fortunately, it is also important to
compete on climate and the environment, so we strongly believe that the collaboration with Applied Hydrogen will strengthen our competitiveness,”

Veidekke and Applied Hydrogen have been working together for almost a year, and
the first large 30-ton excavator is currently being converted to hydrogen
operation in Kongsberg.

Vidar Sten-Halvorsen, General Manager of Applied Hydrogen, says:

We greatly appreciate that Norway’s largest contractor is coming in on the
ownership side and that they recognize our work so far.

“This is an important milestone for further growth and development for the company, and it also
ensures a safe and realistic trial in a professional operational environment,”

READ the latest news shaping the hydrogen market at Hydrogen Central

Veidekke becomes co-owner of Applied Hydrogen – Applied Hydrogen to deliver 30-ton excavator. source

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