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Fuella

Fuella is a pure-play developer of large-scale green hydrogen projects.
2020
02-Oct
02-10
Norway, New South Wales, Australia
  • Hydrogen
  • Renewable

Innovation

Industry Problem

Shipping, fertiliser and other hard-to-abate sectors need lower-carbon ammonia and hydrogen produced without fossil fuels.

R&D Focus

Development of large-scale renewable hydrogen and green ammonia plants.

Innovative Solution

Fuella develops integrated projects combining renewable power, alkaline water electrolysis and Haber-Bosch synthesis to produce green ammonia for industrial and maritime markets.

Solution Effectiveness

The Skipavika project is designed for 130 MW input and up to 300 tonnes of green ammonia per day, or about 100,000 tonnes per year. The planned system includes a 120 MWe alkaline electrolyser.

Investment Funding

Last Funding Stage

Private Equity

Total Funding Amount

21.96M

Last Funding Amount

21.96M

Last Funding Date

27-07-2023

Startup Stage

Private Equity

Lead Investors

Allianz Capital

About

Fuella is a pure-play developer of large-scale green hydrogen projects.

Products

Product

Skipavika Green Ammonia (SkiGA): renewable ammonia for shipping, industry and European distribution.

Star Product

SkiGA – Fuella’s flagship Norwegian green-ammonia project with a planned 15-year EnBW offtake.

Demo Product or Complete Product?

Large-scale project-development stage. Skipavika was described by the company as expected to enter operation in 2026.

Future Plan

Market Expansion

Fuella announced a Brazilian project at Porto do Acu of up to 520 MW and 400,000 tonnes of green ammonia per year, aimed at domestic and export markets.

Investment Funding

Skipavika received EUR 81.3 million of EU Innovation Fund support. Allianz also announced EUR 20 million of funding for Fuella’s project pipeline.

M&A and Collabs

Collab

EnBW: main ammonia offtaker under a planned 15-year arrangement for the Skipavika project.

Collab

Casale and BNP Paribas: plant design/EPC support and debt-financing advisory for Skipavika.

Acquisitions

Fuella agreed in June 2025 to buy Fortescue’s Hemnes project company and combine the 260 MW and 300 MW projects into a 560 MW development.

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