Vision Energy (VENG) Expands Scope of Green Energy Terminal Agreement in Netherlands

December 19, 2022 13:02:24
  • Renewable energy facilities developer Vision Energy Corporation is dedicated to developing green and low-carbon fuel resources, with current focus on construction of multiple hydrogen production-via-electrolysis facilities in Europe
  • The company announced a cooperative agreement last month with global industrial gases and engineering company Linde Engineering to initiate design of a planned green energy terminal site in the Netherlands
  • Vision Energy announced this month that the agreement is expanding to accelerate the development of the site for the storage of ammonia/LPG and other green and renewable products
  • A final investment decision (“FID”) is expected by Q3 of next year on the project, which would be Northwestern Europe’s first import, storage, and handling terminal designed exclusively for hydrogen carriers, renewable energy products, and low-carbon fuels

Green and low-carbon fuel asset developer Vision Energy (OTCQB: VENG) announced recently that it has signed a memorandum of understanding (“MOU”) with Linde Engineering, a leading global industrial gases and engineering company, to expand their collaboration on services associated with designing and operating clean energy infrastructure in Northwestern Europe.

Vision Energy’s wholly owned subsidiary, Evolution Terminals BV, partnered with Linde last month for preliminary Front-End Engineering and Design (“FEED”) services for Vision’s…

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