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October 2023

Eurus advances ‘Oosterhorn Hydrogen’ project in The Netherlands

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Groningen, 11-10-2023 – Eurus Energy Europe B.V. (’Eurus’), a group company of Eurus Energy Holdings,  has achieved a pivotal milestone in its mission to produce sustainable energy.The company has secured permits to build a 20 MW electrolyser facility, a crucial step towards green hydrogen generation for the chemical industry cluster near Delfzijl in the province of Groningen, The Netherlands. The project is finalizing its design and contracts and anticipates an investment decision in 2024. Commercial operations are targeted to start in 2025, positioning it among the pioneering green hydrogen initiatives in The Netherlands.

The facility will integrate seamlessly with existing renewable energy infrastructure, such as the nearby Eurus-owned Windpark Mondriaan. The installation is designed to produce carbon-neutral hydrogen as a feedstock for local industries, while mitigating congestion on the local electricity grid.

Following the Oosterhorn project, Eurus is poised to develop subsequent green hydrogen initiatives in The Netherlands and beyond. Koji Tsuchimoto, Managing Director of Eurus Energy Europe, stated, “This facility underscores our commitment to innovation and sustainability, as we aspire to be at the forefront of renewable hydrogen generation.”

Eurus specializes in developing, investing in, and operating renewable energy projects worldwide. With over 30 years of expertise in onshore wind energy, the company aims to leverage this experience for the expansion of energy storage and electrolyser capacity. Amsterdam and Groningen-based Eurus Energy Europe B.V. is a subsidiary of Eurus Energy Holdings Corporation, which is wholly owned by Toyota Tsusho Corporation.

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