We are pleased to announce the first stage of the Green Energy Park journey

We are pleased to announce the first stage of the Green Energy Park journey

Today, at Gastech 2023 in Singapore, Bart Biebuyck, Tobias Puklavec, Mindaugas Zakaras and Mario Reinisch are introducing Green Energy Park Krk. With an initial capacity of 10 million tons of ammonia throughput per year, Green Energy Park Krk is set to become the Gateway for renewable energy import into Central Europe.

At completion of this development program, Green Energy Park Krk will be able to supply the industrial heartlands of Northern Italy, Southern Germany, and surrounding regions, with the equivalent of about 1,8 million tons of hydrogen per year. This is nearly 18% of the European Union’s official import target of 10 million tons of hydrogen by 2030.

With the energy transition gathering momentum, the world’s leading Gastech conference in Singapore is an excellent venue for introducing our 153ha renewable energy facility in the heart of Europe. Our property estate features a deep-water seaport, terminal facilities, storage assets, and a solar energy park.

The staged development program will start ammonia trading through on-site bunker vessels, operating as a storage hub, until the completion of the first 100,000m3 purpose-built ammonia storage tank expected for mid-2027.