This strategic investment round will expand the industrialization capacity and open access to global market opportunities for ZEG differentiated technology.

We are very pleased to be informed about the nomination of the ZEG ICC Technology to the ONS Innovation Award 2022. Out of a total of 100 applicants from 13 different countries ZEG is one of five finalists in the SME Category. This is another example of the recognition of our sustainable technology to decarbonize the future”, says a proud Arild Selvig, CEO of ZEG Power (ZEG)

Today, the Norwegian Minister of Petroleum and Energy announced the Research Council of Norway’s investment of NOK 200 million (EUR 20,271,400) in HYDROGENi: a new centre for environment-friendly energy research (FME) dedicated to hydrogen and ammonia. ZEG is participating as an industrial partner.

The Research Council of Norway and international companies are now investing in ZEG Power’s unique ZEG ICC TM technology for emission-free hydrogen production with integrated CO2 capture. ZEG Power was awarded NOK 16 million in December by the Research Council of Norway to scale up the ZEG technology to a ZEG H10-50 technology platform. This involves the development of ZEG plant concepts with the capacity to produce 10-50 tonnes/day of emission-free hydrogen. A number of renowned Norwegian and international companies including Siemens Energy are part of the project consortia. The project is an important step towards realization of large-scale, cost-effective and sustainable hydrogen production.

The Norwegian Research Council’s Innovation Award (Innovasjonsprisen) is given to an individual, business, or public entity that has achieved innovation through the strategic use of research. For the award, the council look for candidates who are moving boundaries for what is possible within a field. ZEG is ranked as top 3 in this year’s prestigious award.