In the realm of sustainable innovation, Aker Horizons stands as an avant-garde catalyst, igniting the metamorphosis towards a carbon-neutral epoch. Founded as a strategic arm of the esteemed Aker Group, Aker Horizons integrates profound industrial acumen, cutting-edge technological innovation, and formidable financial prowess to lead global efforts in decarbonization. The company's visionary initiatives encompass renewable energy, advanced carbon capture technologies, and hydrogen solutions, envisioning a harmonious coexistence of green energy and sustainable industries.
Since its inception in November 2020, Aker Horizons has positioned itself at the forefront of industrial transformation, dedicating its endeavors to mitigating CO₂ emissions through strategic investments and transformative partnerships. Under the astute leadership of CEO Mr. Kristian Røkke, the company's mission resonates globally, aiming to revolutionize sectors crucial to achieving net-zero emissions by 2050. This vision includes pioneering advancements in green ammonia, green methanol, and green iron production, essential for fostering sustainable industrial processes worldwide.
One exemplary initiative is the 2,500 MW low-carbon blue hydrogen production facility in Aukra, Norway, undertaken in collaboration with CapeOmega and Shell. Situated near the Ormen Lange gas field, this landmark project aims to abate millions of tons of CO₂ annually, utilizing established technologies such as Steam Methane Reforming. The hydrogen produced meets stringent quality standards for seamless integration into Europe's evolving hydrogen transmission grid, exemplifying Aker Horizons' steadfast commitment to global energy transformation and sustainability.
In Eastern Norway's Rjukan, Aker Horizons collaborates with local stakeholders to develop a green hydrogen production facility on an existing industrial site. This transformative initiative, executed in two phases, promises to supply hydrogen to diverse sectors including heavy industry, maritime shipping, and clean mobility solutions, thereby catalyzing regional economic growth while significantly reducing carbon footprints.
Further north, in Berlevåg, Aker Horizons joins forces with Varanger Kraft to pioneer a 100 MW green ammonia production facility. Powered by renewable energy sourced from Varanger Kraft's adjacent wind farm on Raggovidda, this ambitious project aims to meet the energy demands of Arctic shipping and off-grid communities, demonstrating Aker Horizons' commitment to deploying sustainable energy solutions in challenging environmental contexts.
In Narvik, Norway, Aker Horizons is spearheading the development of a large-scale green industrial hub for ammonia production, slated for completion by 2028. Supported by a pivotal 10-year power purchase agreement with Statkraft, this transformative hub underscores Norway's pivotal role in Europe's burgeoning green hydrogen economy. The facility aims to produce up to 1,500 metric tons of green ammonia daily, providing critical support for Europe's transition to cleaner industrial practices and sustainable energy solutions.
Internationally, Aker Horizons collaborates with Mainstream Renewable Power in Chile to develop a groundbreaking 2,400 MW ammonia production facility driven by advanced electrolyzer technology. This ambitious venture underscores Aker Horizons' global leadership in renewable energy development, contributing to sustainable growth, and fostering local employment opportunities.
The company's strategic partnerships extend to the UK's Celtic Sea, where Mainstream Renewable Power and Maple Power are poised to develop 4 GW of floating offshore wind capacity. This visionary initiative aligns with the UK's ambitious renewable energy targets, highlighting Aker Horizons' pivotal role in advancing offshore wind technology and enhancing regional energy security.
Through collaborative efforts with industry leaders such as VNG in Germany, Aker Horizons aims to supply up to 200,000 metric tons of green ammonia annually. This strategic partnership is designed to support the decarbonization of industrial operations across Europe, promoting sustainable practices, and strengthening energy ties between Norway and Germany.
As Aker Horizons continues to expand its portfolio and forge new alliances, the company remains steadfastly committed to pioneering sustainable solutions that redefine global industrial norms. With an unwavering focus on innovation, environmental stewardship, and transformative impact, Aker Horizons exemplifies a visionary approach towards building a carbon-neutral utopia for future generations, fostering a world where sustainable development and economic prosperity go hand in hand.
