Norsk e-Fuel has partnered with Prime Capital to produce sustainable aviation fuel (SAF) in Sweden, supported by the renewable energy company RES. The companies will develop an industrial-scale e-fuel plant that will play a vital role in reducing the emissions of the European aviation sector under ‘Project Alby’.
The plant will be located 370km north of Stockholm in the municipality of Ange. The project will benefit from low electricity prices due to extensive renewable energy available in the area.
“This collaboration brings together Norsk e-Fuel's cutting-edge advancements in synthetic SAF development as well as RES exceptional capacities in delivering projects with Prime Capital's extensive experience in renewable energy infrastructure and power-to-x project development,” said Prime Capital managing director Jens Walzner. “This partnership is a key step in reducing aviation emissions and accelerating Sweden's transition to a more sustainable future.”
Norsk e-Fuel CEO Karl Hauptmeier said: “As part of our project portfolio, Project Alby not only exemplifies our commitment to reduce the CO₂ emissions but also our belief that teamwork is crucial for success.”
The funds invested by Prime Capital benefit from support from the European Union under the InvestEU Fund.
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