- Vision Energy is in advanced stages of planning for construction and delivery of Northwestern Europe’s first import, storage and handling terminal designed exclusively for hydrogen carriers, renewable energy products and low-carbon fuels
- Vision Energy, through its wholly owned subsidiary Evolution Terminals BV, just announced partnership with Linde Engineering, a leading global industrial gases and engineering company, to deliver preliminary Front-End Engineering and Design (“FEED”) services to the project
- Green Energy Terminal Project will accelerate and advance the energy transition and facilitate Northwestern Europe’s ambition to achieve Net Zero through carbon-abatement and adoption of hydrogen as a core feedstock and fuel
Committed to providing the lowest carbon solutions with the highest yield hydrogen production, Vision Energy (OTCQB: VIHDD) just announced another milestone in the development of the company’s pioneering Green Energy Terminal in North Sea Port of Vlissingen, the Netherlands. In a recent press release Vision Energy reported it has entered into a cooperation agreement with Linde Engineering to accelerate engineering efforts for the company’s pioneering Green Energy Terminal in North Sea Port of Vlissingen, the Netherlands. Linde Engineering, a leading global industrial gases and engineering company with 2021 sales of $31 billion, will deliver preliminary Front-End Engineering and Design (“FEED”) services to the project including design and engineering of 150,000 cubic meters (“CBM”) of Green Ammonia (“NH3”) storage, truck and barge loading facilities, ship loading and unloading facilities, as well as utilities, infrastructure and buildings.
With its strategic location between the Scheldt River and the North Sea, Vlissingen has been an important harbor for centuries and is now an economic driving force serving all of Europe. Vision Energy is in the advanced stages of planning the construction and delivery of Northwestern Europe’s first import, storage and handling terminal designed exclusively for hydrogen carriers, renewable energy products and low-carbon fuels. Total capacity under Phase 1 is for up to 400,000 CBM including 150,000 CBM allocated to Green Ammonia, 180,000 CBM allocated to Renewable Methanol and 70,000 CBM allocated to Biofuels.
“Our Green Energy Terminal Project will accelerate and advance the energy transition and facilitate Northwestern Europe’s ambition to achieve Net Zero through carbon-abatement and adoption of hydrogen as a core feedstock and fuel,” stated Andrew Hromyk, Vision Energy CEO, “Our cooperation with Linde Engineering marks a critical milestone in our development, to deliver this world-class project with the vast global expertise Linde possesses.”
An integrated energy company developing assets and solutions for the commercial, industrial and transportation sectors, Vision Energy leverages a proven track-record to facilitate low-carbon energy production, supply and distribution. The company pursues reliable offtake relationships and operating partnerships with energy industry participants and end users seeking carbon abatements across feedstock and fuels. Vision Energy is committed to providing low carbon energy solutions with the highest yield, and where possible, projects are designed to utilize existing gas and power infrastructure to integrate and facilitate import and or distribution of reduced-carbon energy to domestic and global supply chains.
In a world wracked with rising temperatures and increasing climate challenges, Vision Energy is delivering solutions and opportunity. Development of its Green Energy Terminal in Northwestern Europe will lessen dependence on Russian oil, have a positive impact on the economy and help transition to a carbon free future. Expect to hear lots more about Vision Energy in the months and years to come.
For more information, visit the company’s website at https://visionenergy.com/.
NOTE TO INVESTORS: The latest news and updates relating to VIHDD are available in the company’s newsroom at https://ibn.fm/VIHDD
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