H2SITE Launches Norwegian Subsidiary to Accelerate Ammonia-to-Power and Maritime Decarbonisation
21.1.2026 07:00:00 CET | Business Wire | Press release
H2SITE has launched H2SITE Norway AS, a new subsidiary based in Bergen, to enable the future of maritime hydrogen solutions. The company’s presence in Norway reflects its intention to work closer to the maritime and offshore industry and to support the practical deployment of hydrogen-based solutions for vessel decarbonisation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260120617713/en/
H2SITE Ammonia Cracking Solution
H2SITE is a Spanish scale-up company headquartered in Bilbao, where the core of its technology is designed and manufactured. From its industrial facility in Loiu (Bizkaia), H2SITE produces thousands of palladium-alloy membranes each year, which are integrated into membrane reactor systems enabling efficient conversion of hydrogen carriers back into hydrogen. In the case of ammonia, H2SITE has developed cracking systems capable of delivering high-purity hydrogen that can be supplied directly to fuel cells or blend in engines. This capability is particularly relevant for maritime and offshore applications, where operational reliability, system integration and fuel logistics are critical.
Norway represents a highly relevant environment for this technology. The country combines a strong maritime heritage with clear climate ambitions and a pragmatic, goal-oriented approach to innovation and first-of-a-kind projects. Norway is already assessing the use of ammonia onboard vessels in commercial operations. With a local presence, H2SITE aims to work directly with Norwegian shipowners, shipyards and technology partners to adapt its systems to real vessel profiles and operating conditions.
The decision to invest now is driven by risk management. H2SITE believes that the commercial and regulatory risks of delaying decarbonisation now outweigh the risks associated with adopting new technologies. Ammonia, when used as an energy carrier and combined with efficient conversion systems, offers a credible route towards zero-emissions vessels and long-term compliance rather than short-term mitigation.
H2SITE Norway AS has been established at a stage where the technology is already validated, and the focus has moved to product implementation. Since 2023, H2SITE has built and operated ammonia crackers for more than 6,000 hours, including extended continuous operation in relevant environments. Maritime-focused projects such as H2Ocean and APOLO have addressed integration with fuel cells and engines. In parallel, H2SITE is building MW-scale systems and has reached the manufacturing capacity required to support early commercial projects.
Achieving zero-emissions vessels across multiple segments remains challenging. Vessel types such as RoRo, bulk carriers, platform supply vessels and tankers face technical and operational barriers. While ammonia-to-power 4-stroke engines are approaching commercial readiness, challenges remain at low loads, including ammonia slip and the need for pilot fuel. Onboard cracking allows shipowners to benefit from liquid ammonia storage and established logistics while producing hydrogen that enhances combustion and enables the use of fuel cells for high-efficiency auxiliary power. Hybrid solutions, as well as full fuel-cell propulsion, provide practical pathways towards ammonia-fuelled zero-emissions vessels. Regulatory developments reinforce this direction. While global frameworks such as IMO regulations continue to evolve, FuelEU Maritime and the EU Emissions Trading System are already shaping investment decisions and will progressively tighten over time.
H2SITE Norway is positioned as a platform for collaboration. The next step is pilot and demonstration projects that allow systems to be integrated and operated under realistic conditions. “The technology is proven; the priority now is implementation of the product and operational learning,” said Tomás Crespo, Maritime Business Development Manager at H2SITE Norway. “We are looking to work with Norwegian shipowners and shipyards that want to take a measured, forward-looking approach to decarbonisation.”
Looking ahead, the coming year will be about projects and execution deploying systems in real operating environments, gathering operational data and refining solutions in close cooperation with the Norwegian maritime industry. This strategic initiative highlights H2SITE’s dedication to addressing one of the key challenges in maritime decarbonisation: enabling efficient and economically viable onboard hydrogen production. By making hydrogen available at sea for both propulsion and auxiliary power systems, we are actively supporting the transition toward a cleaner and more competitive future for the shipping industry.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260120617713/en/



Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Codethink Opens Early Access to IEC 61508 Mapping for the Eclipse Trustable Software Framework11.3.2026 08:07:00 CET | Press release
Preview release invites industry collaboration on open source approach to functional safety assessment EMBEDDED WORLD--Codethink today opened early access to its mapping between the Eclipse Trustable Software Framework (TSF) and IEC 61508, the international standard governing the functional safety of electrical and electronic systems. The mapping establishes a transparent relationship between the engineering principles of the Trustable Software Framework and the objectives defined in IEC 61508. By making this work available as an early preview, Codethink is inviting organisations interested in applying open source approaches to functional safety to review and begin working with the mapping while the work continues to mature. IEC 61508 forms the foundation of many domain-specific safety standards, including ISO 26262 for automotive systems. The early access reflects Codethink’s long-standing commitment to open development of software engineering methods. “This preview release reflects o
Galderma Buys Back Shares Worth CHF 232 Million in the Context of Accelerated Bookbuild Offering11.3.2026 07:00:00 CET | Press release
Ad hoc announcement pursuant to Art. 53 LR Galderma (SIX: GALD), the pure-play dermatology category leader, today announced that it has agreed to repurchase 1.6 million shares at a price of CHF 143.75 per share for a total consideration of CHF 232 million in the context of the accelerated bookbuild offering (“ABO”) of Galderma shares by Sunshine SwissCo GmbH (“EQT”), Abu Dhabi Investment Authority (Private Equities Department) and Auba Investment Pte. Ltd. (all together the “Selling Shareholders”) launched yesterday evening. The repurchase was made at the same price per share determined by the bookbuilding offering. As a result of yesterday evening’s ABO, the Selling Shareholders have fully divested their remaining stake in Galderma. The repurchase, which is expected to settle on March 13 is being financed by Galderma’s existing liquidity on hand and will not affect the company’s ability to deliver on its strategic and financing priorities. The shares will be held in treasury for futur
Thales Launches SkyDefender: The Integral Air and Missile Defence Dome With Artificial Intelligence11.3.2026 07:00:00 CET | Press release
SkyDefender is a multi-layer, multi-domain Integrated Air and Missile Defence system providing full protection against all types of air threats, on land, at sea and in space. SkyDefender integrates a network of advanced sensors and effectors with a versatile command and control (C2) system. With its open and modular architecture, it is fully compatible with existing air defence systems. Combining Thales’ expertise in cybersecurity and advanced artificial intelligence through cortAIx, Thales AI accelerator, SkyDefender enables operational superiority and proactive defence against cyberattacks and evolving threats. Thales is capable of delivering this critical protection globally from today. As air and missile threats are evolving faster than ever, from slow-moving drones to hypersonic missiles, attacks are becoming increasingly complex, saturating and unpredictable. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260310398606/
Curatis and Neupharma Announce Exclusive Licensing Agreement to Develop and Market Corticorelin (C-PTBE-01) for the Treatment of Peritumoral Brain Edema in Japan11.3.2026 07:00:00 CET | Press release
Japan is one of the world's most important pharmaceutical markets after the US and Europe. Neupharma’s team has extensive experience in developing and successfully commercialising orphan drugs as well as speciality care medicines in Japan, including a blockbuster drug. The agreement with Neupharma includes upfront and milestone payments of up to CHF 83.5 million as well as royalties of up to 20% on sales. The population of available patients eligible for corticorelin treatment associated with peritumoral brain edema is estimated at 60,000 in Japan and 500,000 worldwide. Global market potential is forecasted to exceed USD 1 billion annually. Curatis Holding AG (SIX: CURN) and Neupharma Co., Ltd. (“Neupharma”), a Japanese pharmaceutical company specializing in oncology, immunology, pulmonology and cardiology disorders, today announce an exclusive license and development agreement for corticorelin (C-PTBE-01) in Japan. Under the terms of the agreement, Neupharma will receive exclusive rig
Galderma Completes Successful Placement of EUR 500 Million Eurobond11.3.2026 06:55:00 CET | Press release
Galderma Group AG (SWX:GALD): NOT FOR DISTRIBUTION IN THE UNITED STATES OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE RESTRICTED BY APPLICABLE LAW OR REGULATION. Galderma Group AG (SIX:GALD), the pure-play dermatology category leader, today announced the successful placement of a single-tranche EUR 500 million Eurobond. The bond has a 5-year maturity and carries a fixed-rate annual coupon of 3.375%. The Eurobond was placed on March 10, 2026, with settlement expected on March 17, 2026, and will be listed on the SIX Swiss Exchange. Citigroup, ING, J.P. Morgan and RBC Capital Markets jointly led the transaction. Net proceeds from the transaction will be used to fully repay Galderma’s existing bank term loan issued in connection with the company’s initial public offering in March 2024. The transaction represents the final step in Galderma’s refinancing process, having obtained two investment grade credit ratings. Galderma is currently rated ‘BBB’ (stable outlook) by Fitc
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom