Over the next three years, the partners will study and structure a supply chain linking Gen2 Energy’s planned hydrogen projects in Nesbruket and Holandsvika, both slated to begin production in 2027, with potential offtake markets in Germany.

The collaboration is intended to strengthen Gen2 Energy’s financing and permitting prospects, both essential steps toward reaching a final investment decision (FID).

H2 View understands that they will assess technical, economic, and safety feasibility, explore transport options from Norway to Germany, and identify import, storage, and distribution sites.

“Our collaboration with MB Energy provides access to the German market,” according to Gen2’s CEO Lena Halvari. “Producing renewable fuel of non-biological origin (RFNBO) compliant liquid hydrogen at an industrial scale requires access to a significant hydrogen market.”

Meanwhile, MB Energy plans to position itself as a future importer and distributor of liquid hydrogen in Germany.

“We believe in the long-run potential of liquid hydrogen as an important enabler for the energy transition and particularly for the commercial transport sector,” MB Energy’s Volker Ebeling said.

However, the agreement was signed under a Memorandum of Understanding, meaning offtake volumes, investment, or timelines are not locked in yet.

The signing builds on Gen2 Energy’s growing export focus. Earlier this year, it inked a land agreement with Farsund Municipality for a potential hydrogen production and export site at Lundevågen.

The company also agreed to explore exporting liquid hydrogen to Tata Steel’s Dutch operations last year.