Elomatic’s subsidiary Green NortH2 Energy Oy welcomes Flexens Oy Ab as a shareholder. The joint Power-to-X expertise of Elomatic and Flexens strengthens their position in advancing hydrogen economy in Southwestern Finland, especially in the marine sector.
Chairman of the board of Green NortH2 Energy Oy and CEO of Elomatic, Patrik Rautaheimo, welcomes the collaboration with Flexens. As the demand for green electricity rapidly increases for Green NortH2 Energy’s hydrogen production project in Naantali, Rautaheimo sees a special strength in Flexens’ local knowledge and contacts in energy production in the nearby Åland archipelago. Combined with Elomatic’s know-how in land based industrial projects and world class expertise in maritime industry, the collaboration builds on the unique competitive advantage for implementing hydrogen economy in the marine sector of Southwestern Finland.
For Flexens, this is an important step towards becoming a key player in the renewable energy sector, as they invest in energy infrastructure outside the Åland Islands for the first time. Flexens has built its capabilities in the hydrogen sector by initiating and developing the Power2AX project, which aims to implement a hydrogen ferry and local green hydrogen production in the Åland archipelago. Flexens is also a founding member of Hydrogen Cluster Finland (HCF).
Berndt Schalin, CEO of Flexens Oy Ab, is excited about the possibilities of the collaboration.
“Flexens cooperated with Elomatic in the Power2AX project, and we were impressed with their capabilities. We are happy to partner up with Green NortH2 as we expand our activities in green fuel solutions in the maritime industry,” Schalin states.
Green NortH2 Energy Oy is a company founded by Elomatic with the aim of kick-starting the hydrogen economy of Southwestern Finland by producing hydrogen in the city of Naantali. In the first phase, hydrogen will be produced for direct use in the marine and heavy traffic sectors with co-production of district heat. In the second phase, the plan is to refine hydrogen to produce synthetic fuels, such as methane and ammonia.