The world’s largest green methanol facility has been built in Kassø near Aabenraa. Developed by energy company European Energy in partnership with Japan’s Mitsui & Co., the plant converts green electricity from a nearby solar park into climate-friendly fuel. It is the first industrial-scale facility of its kind.
With a production capacity of 42,000 tonnes of green methanol annually, the plant supports key players in their green transition. The fuel is used by, among others, the container vessel Laura Maersk, which is designed to run on methanol.
FACTS
- Company: European Energy
- Project: World's largest facility for green methanol production
- Location: Kassø near Aabenraa, Denmark
- Capacity: 42.000 tonnes of green methanol annually
- Power source: Northern Europe's largest solar park (300 hectares)
- Financing: DKK 400 million from EIFO
- Partners: Mitsui & Co. (co-owner), A.P. Møller Mærsk, Lego, Novo Nordisk
In addition, companies like Lego and Novo Nordisk have signed agreements to use the green methanol in their manufacturing processes to reduce their carbon footprints.
EIFO supported the realization of the project with DKK 400 million in construction financing, enabling a major step toward scaling Power-to-X technology. Situated next to Northern Europe’s largest solar park—which provides the power that drives the entire production—the project showcases how renewable energy can be converted into tangible solutions for the global energy transition.
EIFO's financing solution
- Type: Construction financing
- Amount: DKK 400 million
- Purpose: Plant expansion and support for commercial operations