Scores recomputed 4 days ago

HyFuel Floro/ Fjord base

Construction✓ Source-checked

Hyfuel AS = HYDS + Sogn og Fjordane Energi AS + Fjord Base Holding AS; engineering/installation with Moreld Apply; Nel electrolysers

Project Overview

Country: Norway
Region: Vestland, Noruega
Capacity: 20 MW
Technology: PEM Electrolysis
Investment: —
Subsidy Status: —

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Development Timeline

Announced2020

FID2025

Construction2026

Operational2027planned date

Readiness Score

45/ 100

Developing

Weighted checklist of public info. Not a prediction of success.

Development

✓Final Investment Decision(implied)+15

✓EPC Contract signed(implied)+10

✓Permits obtained(implied)+8

✓Grid connection secured(implied)+7

Commercial

✗Binding offtake agreement+15

✓MOU / offtake letter of intent(implied)+5

✗Confirmed price / tariff+5

✗Applied to government program+5

Financing

✗Project finance / debt secured+10

–Subsidy (not recorded)+0

Track Record

✗Developer has completed H2 project+5

✗Developer has completed RE project+3

✗Developer has energy experience+2

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