Hy2gen Canada Inc, the Canadian subsidiary of Germany-headed global renewable hydrogen producer Hy2gen AG, has announced that it has been selected, subject to agreement with Hydro-Québec, to get a block of electricity for Project COURANT, a planned renewable hydrogen and renewable ammonia production plant in Baie-Comeau, Quebec.
Subject to agreement, the electricity for Project COURANT is to be supplied by Hydro-Québec and used to power hydrogen and renewable ammonia production.
According to Hy2gen Canada, this is “a pivotal milestone” for Project COURANT marking the point where Front-End-Engineering can begin and the final investment decision (FID) is within reach.
If the FID is positive, Hy2gen plans to start the construction of the renewable ammonia plant in the second half of 2026, with the first renewable ammonia production scheduled for 2029, depending on Hydro-Québec’s connection schedule.
For Hy2gen, this is another decisive step forward. Since 2023, Hy2gen has been producing renewable hydrogen at its plant in Werlte, Germany.
Strategic location
The steady electricity supply from the hydroelectric-based power grid for the planned COURANT production plant will allow for a constant operation of the electrolysis process in which water is broken up into oxygen and hydrogen.
Together with nitrogen produced on-site, this renewable hydrogen will be turned into renewable ammonia.
Project COURANT’s location – with exceptional port facilities to handle incoming project equipment, world-scale electrical supply infrastructure, and a readied industrial park with available amenities and facilities – appeals with short transport routes to off-takers where the renewable ammonia will be used to decarbonize chemicals production, enabling the transition to a sustainable and emission neutral industry.
We are grateful to the Quebec government, Hydro-Québec, and the people of Baie-Comeau for their help in developing this flagship project. We look forward to working with everyone to advance the project and reap the benefits for Quebec, said Pietro Di Zanno, Director of Hy2gen Canada.
Advancing the global energy transformation
Through its global subsidiaries, Hy2gen aims to become the largest and most reliable supplier of renewable hydrogen – a powerful accelerator of renewable transformation.
The progress of Project COURANT marks a further step on the road to large-scale, cost-effective production of renewable energy solutions such as hydrogen and renewable ammonia, and a step to market leadership with this concept.
According to Hy2gen, the award of the power supply contract for the COURANT project demonstrates that the company has the confidence of decision-making institutions and is establishing itself as a serious player in the global renewable energy market.
We are honoured by the Quebec government’s decision to award a block of energy to our COURANT project in Baie-Comeau. This recognition is a vote of confidence in our vision and commitment to producing renewable hydrogen in Quebec. This is a giant step forward for Hy2gen Canada and the renewable energy industry, enabling us to make a significant contribution to decarbonizing the economy and achieving Quebec’s ambitious sustainable development goals, said Cyril Dufau-Sansot, CEO of Hy2gen.
