EE North America, a subsidiary of European Energy, announced its aim to develop 10 gigawatts (GW) of renewable energy in the United States by 2026.
European Energy, which is active in 26 markets globally, is a leader in the development of solar, wind and Power-to-X projects, which can produce green hydrogen, e-methanol and jet fuel.
EE North America recently opened a new office in Austin, Tex., to support its U.S. development pipeline. The company has purchased over 7,000 acres of land to develop its first U.S. solar projects, including 1 GW of solar capacity in Texas and additional projects in the Western United States.
EE North America is exploring investments in green hydrogen and e-methanol, which have applications in transportation, home heating, and heavy industry.
European Energy recently completed the largest electrolyzer order in the world (50 MW) with Siemens to develop the world’s first commercial large-scale e-methanol project.
European Energy signed an agreement with the world’s largest shipping company A.P. Moller – Maersk to offtake up to 300,000 tons of e-methanol by 2025. The company is partnering with multiple ports in Europe to produce green hydrogen.