Vision Hydrogen and Virya Energy awarded Permits for scalable 25-75 MW Green Hydrogen Production facility.
Vision Hydrogen Corporation (OTCQB: VIHD) (“VisionH2” or the “Company”) announce that it has been granted Permits for a 25 MW Green Hydrogen Plant in North Sea Port of Terneuzen, the Netherlands.
Vision Hydrogen subsidiary VoltH2, in partnership with Virya Energy, reaches a critical developmental milestone towards development of a 25 MW green hydrogen production facility with tube-trailer loading and integrated distribution facilities.
This scalable platform allows the partnership to scale up production capacity at this Site to 75 MW. At 25 MW the plant will produce up to 3.5 million kilograms of green hydrogen per year, and up to 10.5 million kilograms of H2 output at 75 MW.
The Project Site is strategically located in the North Sea Port of Terneuzen, proximate to existing high voltage power and gas infrastructure as well as large renewable power producing assets for the supply of green electrons and large industrial customers for future offtake of clean hydrogen.
Less than 1,500 metres from the Project Site is the 150kV ground station of TenneT, the Dutch national high voltage grid operator, and less than 1,400 metres away is the connection point to the Yara-Dow-Zeeland Refinery Pipeline which may be repurposed for H2 transport to the Zeeland Refinery in future.
Adjacent to the Project Site is the Ghent-Terneuzen Canal, providing water access to the major European Port of Ghent.
VisionH2 and Virya plan to build the initial 25 MW electrolysis plant using proven, commercially available technology. Projected development costs for the initial phase of the project are estimated at €35 – €40 million.
VisionH2’s partner, Virya Energy contributes its extensive experience and knowledge, developed in the construction of previous green hydrogen applications, and continues to be at the forefront of innovation in development and adaptation of renewable and sustainable energy practices.
The parties have received all Environmental and Construction Permits required to proceed with development, and they are now in the final statutory consultation and review period.
Vision Hydrogen and Virya Energy Awarded Permits for Scalable 25-75 MW Green Hydrogen Production Facility, November 22, 2021
