Author: NewGen Energy Ltd.

The National Gas Company of Trinidad and Tobago Limited (NGC) and NewGen Energy Limited (NewGen) have deepened their partnership to cooperate on the enabling of a sustainable  hydrogen economy for the energy sector of Trinidad and Tobago. On August 4th 2022, both  companies signed a non-binding Heads of Agreement (HOA), which outlines the framework  for the establishment of Binding Definitive Agreements between the relevant parties, once  acceptable terms can be reached.  

The HOA follows the signing of a Letter of Intent in May 2022, which expressed NGC’s  intention to work collaboratively with NewGen to further evaluate the development of  NewGen’s hydrogen production facility. This evaluation has rapidly progressed, and the signing of this HOA includes the commitment from NGC and NewGen to jointly establish  working teams that will now engage key related public and private stakeholders in this  ground-breaking project development of a cleaner energy supply for Trinidad and Tobago.  

The HOA is a further milestone that advancesthe country’s transition to a lower carbon future  through low-carbon and green hydrogen production. It is the next key step in the progression  of the development of the $250M USD NewGen hydrogen production facility in Point Lisas.  

Noting the significance of the HOA, NGC President Mark Loquan commented, “The NGC  Group has been progressively demonstrating its commitment to lead the energy sector of  Trinidad and Tobago into the new energy future. NGC is committed to collaborating with  NewGen and all critical stakeholders in developing a low carbon future. We are well 

positioned to support the country’s pursuit of a greener hydrogen economy, in a similar role that NGC played in the establishment of T&T’s existing world class hydrogen economy with  natural gas. Agreements such as this HOA with NewGen Energy, coupled with the right  partnerships, frameworks, and policies, has the ability to launch Trinidad and Tobago into a  position of global leadership in clean energy.”

“NewGen is delighted that our partnership with NGC continues to progress apace,” said Philip  Julien, Chairman of NewGen. “We are confident that our continued collaboration with NGC will lead to a further acceleration of the provision of Greener Hydrogen to Trinidad and  Tobago, and that the NewGen Project is advanced towards a final investment decision consideration as soon as possible. We look forward to engaging with NGC and all relevant  stakeholders, as we collectively contribute to the transition and decarbonisation of Trinidad  and Tobago’s energy sector.”

The National Gas Company of Trinidad and Tobago Limited (NGC) has signed a non-binding Letter of Intent (LOI) with NewGen Energy Limited (NewGen), which expresses its intention to work collaboratively with NewGen to evaluate the development of NewGen’s hydrogen production facility. Subject to the commercial feasibility of this low-carbon project by all related stakeholders across the value chain, the parties will seek to enter into a non-binding Heads of Agreement as well as Definitive Agreements once acceptable terms can be reached between the parties.

 

Commenting on the LOI, President of NGC, Mark Loquan stated that “This LOI represents the next step between NGC and NewGen on deepening our collaboration towards the advancement on the first industrial scale low carbon hydrogen project in Point Lisas and the Caribbean. Once commercially feasible, the NewGen Project could potentially become a pivotal step towards medium to longer term decarbonisation of the petrochemical sector for Trinidad and Tobago, which is something that the NGC is committed to and working towards.”

 

“NewGen is pleased to be taking our collaboration with NGC to the next level through this LOI” says Philip Julien, Chairman of NewGen.  “We are committed to the establishment of a world-scale, world class, low carbon hydrogen production facility in Point Lisas, and are confident that this LOI with NGC will lead to greater collaboration with the other key stakeholders that will contribute to this shared vision of a decarbonising Trinidad and Tobago.”

 

Xxxxxx of HDF explained the strategic fit for his company: “Having recently acquired the majority ownership of NewGen, we are heartened by the signing of this LOI, as it symbolises a key step towards optimising conditions for further increasing our investment both in NewGen and by extension in the energy sector of Trinidad and Tobago.  In addition, given our international and regional history in low carbon hydrogen project development, we stand ready to support this expanded NGC/NewGen collaboration as much as possible, including through our international expertise in new hydrogen technology and “green” project financing.”

 

The LOI was signed at the Trinidad and Tobago Energy Conference on May 31^st 2022.

END

 

About NGC

The National Gas Company of Trinidad and Tobago Limited (NGC) and its subsidiaries are an integrated group of energy companies operating in Trinidad and Tobago’s energy sector, and with a growing presence in other jurisdictions. A profitable and high-performing state enterprise, parent company, NGC plays a pivotal role in Trinidad and Tobago’s gas-based energy sector and is strategically positioned along the entire natural gas value chain. Through its people, investments, strategic partnerships and pioneering gas pricing model, NGC has secured the profitability of the local gas-based energy sector and catalysed the social and economic development of Trinidad and Tobago for four and a half decades. With a strong history, financials, asset base and human capital, as well as a determination to respond to the imperatives of a greener global energy landscape, NGC and its subsidiaries represent ideal business partners to guide emerging energy territories through their process of development. Incorporated in August 1975 by the Government of Trinidad and Tobago as a 100% state-owned energy company, NGC has evolved into a highly reputable and profitable organisation with a wide-ranging portfolio of energy and nonenergy assets.

About NewGen

NewGen Energy Limited was locally incorporated in Trinidad and Tobago as a private sector special purpose vehicle for a proposed carbon-neutral and green hydrogen production project to be located in Point Lisas, Trinidad. The development of NewGen has been sponsored by Kenesjay Systems Limited (Kenesjay), a locally owned sustainable energy firm committed to leading the way to the Caribbean energy transition. Based in Trinidad and Tobago, the company is an affiliate of Kenesjay Systems Limited, and is dedicated to developing a pipeline of viable decarbonising and green project opportunities, which will create pioneering first-mover advantages for Trinidad, Tobago, and the Region. For more information about NewGen Energy visit www.newgenenergyltd.com

HDF acquires 70% of KGL’s NewGen project, the first industrial project to produce carbon-free hydrogen from a mix of renewable and energy efficient-sourced power in Trinidad

Bordeaux, 12th April 2022 – Hydrogène de France (“HDF Energy”) – mnemonic code: HDF – announces that it has acquired a 70% majority stake in the NewGen project in Trinidad, led by the local company Kenesjay Green Ltd (“KGL”). KGL, the project developer, will retain the remaining 30% of the share capital of NewGen, which will be jointly owned by KGL and an investment vehicle that will allow for the inclusion of additional local investors. HDF Energy is thus leveraging its technological expertise in hydrogen, its know-how in the development of green energy plants and its local presence in the Caribbean.

When completed, the 200+ Million USD NewGen plant will be the world largest clean hydrogen producing facility of its kind, using a smart combination of solar and energy efficiency-sourced power. It will competitively generate carbon-free hydrogen to meet 20% of the hydrogen requirement for an existing world-scale ammonia plant in the petrochemical hub of Point Lisas, Trinidad. Once up and running, the project will save approximately 200 000 t/CO2 per year.

As a global pioneer in hydrogen power, HDF will add its in-depth experience in hydrogen technologies, procurement and project finance, to the Trinidad-specific energy and ammonia expertise contained within the KGL project development team. This is the third major investment in the Caribbean this last year for HDF, which announced hybrid “Renewstable®” baseload power plants using green hydrogen and solar power in French Guiana and Barbados alongside its regional partner and investor, RUBIS.

Together, KGL and HDF will select the optimal electrolysis technology provider from a competitive evaluation process. KGL has also recently been granted the outline planning permission for the NewGen Project by the Ministry of Planning of Trinidad and Tobago, and has made progress in further confirming the economic and financial viability of NewGen.

Commenting on the HDF majority acquisition, KGL’s Chairman Philip Julien said, “ KGL welcomes this significant endorsement and investment in NewGen by HDF, and looks forward to our collaboration and sharing of expertise. Our partnership enables improved local access to international finance and technology, optimum opportunities for local ownership, and an acceleration of Trinidad and Tobago’s energy transition commitments.”

Damien HAVARD, CEO of HDF Energy said: “We believe we have the ideal partners in Kenesjay Green, given their extensive knowledge of the industry, business acumen and their commitment to local development. Our investment in NewGen affirms our belief that Trinidad and Tobago’s energy industry offers a unique opportunity for the development of world scale and cost competitive carbon-free Hydrogen. This project demonstrates that green solutions can effectively support the transition of hydrocarbon-based economies like Trinidad and Tobago – and HDF is poised to be a part of leading the change.”

ABOUT HDF ENERGY
HDF Energy is a global pioneer in hydrogen energy. HDF develops, finances and operates multi-megawatts Hydrogen-Power plants. These plants provide continuous or on-demand electricity from renewable energy sources (wind or solar), combined with high power fuel cells supplied by HDF.
HDF has developed the world’s first mass production plant for high-power fuel cells for energy, which will be commissioned in France in 2023. Through this activity, HDF Energy will also serve the maritime and data center markets.
HDF Energy is a powerful accelerator of the energy transition by offering non-intermittent, grid-friendly and on-demand renewable power. HDF is a company listed on the regulated market of Euronext Paris

ABOUT KENESJAY GREEN
Kenesjay Green Limited (KGL) is a locally owned sustainable energy firm committed to leading the way to the Caribbean energy transition. Based in Trinidad and Tobago, the company is an affiliate of Kenesjay Systems Limited, and is dedicated to developing a pipeline of viable decarbonising and green project opportunities, which will create pioneering first-mover advantages for Trinidad, Tobago, and the Region (www.kenesjaygreen.com). The NewGen Hydrogen Project is the first major initiative of KGL.

Project website: https://www.newgenenergyltd.com

Contacts
Press Relations HDF Caribbean
Thibault MENAGE, VP Caribbean thibault.menage@hdf-energy.com

Press Coordination for Kenesjay Green
Natasha David, Head of Compliance ndavid@kenesjaygreen.com

Kenesjay Green Limited (Ltd.) has selected the global engineering consulting firm io Consulting to perform Front End Engineering Design (FEED) work for the planned NewGen Limited Carbon Neutral / Green Hydrogen Project with 27,200 mtpy production capacity.  Scheduled for completion in 2025, this will be the first electrolysis-based hydrogen production facility to be built in Point Lisas, Trinidad, and one of the first of this scale in the world.

io Consulting will provide early-stage engineering and design services prior to final FEED award for the new hydrogen plant including execution of the assessment of Electrolyser Supplier Proposals received in response to a NewGen Request for Quotation (RFQ) inviting offers for Technology Supply. 

This decision follows the conclusion of an evaluation of proposals submitted by a number of internationally renowned engineering contractors, which were received in response to a Request for Proposal (RFP) for FEED services issued in Q2 2021. 

The new hydrogen plant is being built around the concept of capturing waste heat from industrial power generation facilities currently located in the Point Lisas Industrial Estate and converting such heat into electrical power to be used for the electrolysis of water to produce hydrogen. Other sources of green renewable power are also being secured, with new ones being developed. 

This carbon-neutral hydrogen will be used by the local Tringen Ammonia Facility to decarbonize its existing operations and provide a new source of hydrogen for ammonia production.  The NewGen plant will provide some 20% additional hydrogen feedstock required for the ammonia plant, becoming one of the first commercially viable new hydrogen production facilities globally.

Philip Julien, Chairman of the Board of KGL stated “I would like to celebrate this continuing partnership with io Consulting, as this company initially completed the Bankable Feasibility Study for the NewGen Project.   Their deep knowledge and the prospect of continuity of a highly experienced team into the FEED stage of the project will certainly augur well for the future. It will positively impact the project schedule, as FEED execution is on the critical path towards having the facility achieve startup and operations  in 2025. NewGen has confidence in the quality of work produced by io Consulting and values our collaborative and flexible working relationship as demonstrated during our successful execution of the Bankable Feasibility Study work scope. We therefore look forward with keen anticipation to once more partnering with the io Consulting team as we move to undertake the critical next phase.” 

Richard Dyson, Chief Executive Officer (CEO) of io Consulting, stated “our team of highly experienced industry experts is passionate about the new possibilities for Hydrogen in both transforming the energy sector with cleaner inputs and accelerating the decarbonization thrust. We look forward to working with the NewGen Team on this project, not only for what it brings to Trinidad and Tobago’s Energy Sector, but also to the World, as it is proof that we can be carbon neutral and industrial at the same time. We will ensure close communication with KGL as Project Owner and Developer, to ensure that the FEED-related requirements are addressed in a timely and professional manner.”

io Consulting is commencing its FEED-related work with NewGen, by initiating the final selection of a suitable  Electrolyser Technology Supplier, since the Electrolyser OEM Supply is a major component of the design for the overall NewGen Facility. 

 

About io Consulting:

io is a pioneering development consultancy firm as a joint venture between Baker Hughes and McDermott with the mission to work in the early front end of projects, bringing specific techno-economic expertise integrated with the access to technology and execution know-how of their parents and partner organizations. As specialist energy project architects, io helps their clients to conceptualize and design complex project developments, across the hydrocarbon and low carbon sectors. They operate in the earliest stages of the planning process, combining front end techno-economic consulting expertise with our Baker Hughes’ and McDermott’s deep domain execution and technical know-how to bring much greater certainty to the early stages of projects. As a systems integrator io ensures all elements of projects work together to achieve the objectives of the whole. Baker Hughes is a leading energy technology company, which designs, manufactures and services transformative technologies to advance the energy sector. McDermott is a premier, fully integrated provider of engineering and construction solutions to the energy industry with technology driven approaches to design and build infrastructure solutions for transforming the oil and gas sector. 

 

About Kenesjay Green Limited:

Kenesjay Green Limited is a regional energy revolution company that is dedicated to developing a pipeline of viable decarbonizing and green project opportunities that create pioneering first-mover advantages. KGL generate green-growth business opportunities in Energy Efficiency and Renewable Energy, Greening of Existing Industries, Leveraging the New Hydrogen Economy, Carbon Reduction and Transportation Transition. NewGen Energy Limited (NewGen), is the launch project of Kenesjay Green Limited and has embarked on the development of a proposed carbon-neutral/green hydrogen production facility – a first for Trinidad & Tobago. The NewGen project is centered on the development of the world’s first industrial-scale Carbon Neutral/Green Hydrogen Plant which will produce carbon-neutral hydrogen for downstream processing via a process of water electrolysis. The intent is to supply Low Carbon & Green Hydrogen (H2) to the Tringen Ammonia Facility in Point Lisas.

The NewGen project is centred on the development of the world’s first industrial-scale Carbon Neutral/Green Hydrogen Plant which will produce carbon-neutral hydrogen for downstream processing via a process of water electrolysis.   The intent is to supply Carbon Neutral/Green Hydrogen (H₂) to the Tringen  Ammonia Facility in Point Lisas.

Using world leading engineering design expertise, a detailed bankable Feasibility Study as completed in 2020, which confirmed the technical and commercial viability of the project.  Further studies are underway.  The goal is to reach the Financial Investment Decision in Q1 2022.

NewGen Energy Limited is currently 100% locally owned by Kenesjay Green Limited (KGL) which is an affiliate of Kenesjay Systems Limited. Given the scale of investment (USD $300M-$400M), the ownership structure will change over the time with the  inclusion of investment from the local private sector, as well as the international investment community. Already we have had an Expression of Interest from Fisterra Energy (a member of the Blackstone Group) to be a major investor in the NewGen Project, and we have signed an MOU with the NGC.

The MOU with the NGC which aims in part to develop green industrial projects; is a non-commercial agreement for NGC, Kenesjay Green and NewGen, to work together in our shared interest of bringing greener, commercially viable solutions to Trinidad and Tobago’s local energy sector.

Renewable Energy Education and Awareness

In 2019, despite the restrictions posed by the Covid-19 pandemic, the teams at NewGen Energy Limited and Kenesjay Green Limited leveraged technology to engage in various youth development platforms in association with the Heroes Foundation. The online meet sessions fostered hour-long discussions focused on the importance of advancing Energy Efficiency, Energy Conservation and Awareness projects. A direct result of the collaboration was that some 20 young students worked with the NewGen team to develop a project proposal framework and research paper schematic in either renewable energy, energy efficiency or energy conservation to enhance their school, home or community life.

Additionally, NewGen Managing Director. Philip Julien was selected to be included in The Heroes of Energy League Series which premiered in November 2021 and aimed to showcase the personal journeys of various energy sector icons. The theme and staging were highly relatable to the youthful audience, and tremendously motivational. The discussion forums were held on Sunday evenings using Microsoft Teams as the hosting platform, and were transmitted via Facebook live and YouTube streaming platforms to hundreds of families, students, and young professionals.

io consulting (io) announced today that it has been awarded a contract for a bankable feasibility study (BFS) by NewGen Energy Limited (NewGen) to support development of a proposed carbon-neutral/green hydrogen production facility in Trinidad and Tobago (T&T). The hydrogen output from the project is intended as a “green” input to ammonia production at the Trinidad Nitrogen Company (Tringen) facilities in the Point Lisas Industrial Estate. io is a joint venture of Baker Hughes and McDermott.

The project will focus on production of hydrogen from an industrial electrolysis process powered by carbon-neutral electricity and “green” electricity from renewable sources. By harnessing renewable natural resources and excess heat from T&T’s power plants, NewGen will be delivering a creative solution contributing to the energy transition of T&T’s hydrocarbon-based industrial complex.

“There are significant and positive implications for this project. Once successful, the project will open the door to greener petrochemical products from Trinidad & Tobago, including green and carbon-neutral ammonia,” Philip Julien, NewGen’s Managing Director said. “We selected io because they offered the best combination of expertise, deep domain technical know-how and an agile project approach which will bring a robust solution for the project.“

io’s parent companies – Baker Hughes and McDermott – have a long history of involvement along the entire value chain of the Trinidad and Tobago energy sector. This, along with their demonstrated ability in early front end project work and in delivering techno-economic expertise for similar type projects, made them a logical fit for the NewGen Project.

Among other undertakings, io will perform a technical due diligence assessment which will identify, evaluate and explore commercially available electrolysis technologies to determine the optimum technology and supporting facilities required to progress to the next project stage.

Once completed, the results of this study will be used in part to support and inform any related decisions by Tringen as the proposed off-taker of an estimated 27,000 metric tonnes per year of carbon-neutral and green hydrogen. The Tringen facility is jointly owned by the government of Trinidad and Tobago and Yara.

Commenting on the award, Richard Dyson, CEO of io consulting said, “io is delighted to have been engaged by NewGen on this pivotal project for Trinidad & Tobago and to be a part of this innovative move towards energy transition.” He explained that ‘io will draw on its unique combination of technical capabilities, proven expertise and sound practices in front end loading to successfully deliver this project.”

About NewGen Energy:

A Greener Future – Propelled by a New Generation of Hydrogen

NewGen Energy Limited was locally incorporated in Trinidad and Tobago as a private sector special purpose vehicle for a proposed carbon-neutral and green hydrogen production project to be located in Point Lisas, Trinidad. The development of NewGen has been sponsored by Kenesjay Systems Limited (Kenesjay), a local project development and consulting firm founded in 1998, with its core business of securing a sustainable energy supply for Trinidad, Tobago, and the Region.

For more information about NewGen Energy visit www.newgenenergyltd.com

About io consulting:

io consulting is a strategic development consultancy created to provide greater certainty and higher decision quality to operators and help bring more energy and hydrocarbons projects to sanction by disrupting traditional approaches. io is unique with its integrated strategic-techno-commercial capabilities ensuring a balanced approach between commercial, technical and strategic priorities capitalising on multi-discipline capabilities in subsurface, drilling, subsea, marine, facilities, decommissioning/life extension and environmental alongside economic modelling. We are a joint venture between Baker Hughes and McDermott and are unique in having their know-how, expertise and data ‘hard coded’ into our DNA.

For more information about io visit www.ioconsulting.com and follow io consulting on LinkedIn and Twitter.

Sets the stage for Carbon-Neutral & Green Hydrogen Supply to Tringen Ammonia Plant

NewGen Energy Limited (NewGen) is pleased to announce the signing of a Memorandum of Understanding aimed at progressing a feasibility study for the use of Carbon-Neutral and Green Hydrogen in the production of ammonia from the Trinidad Nitrogen Company (Tringen) facilities.   The MOU will allow for a full range of data sharing between NewGen and Tringen to facilitate the development of a robust technical and commercial case for a Carbon-Neutral & Green Hydrogen plant for Tringen’s ammonia facilities. Once successful the feasibility study would allow for the progression of Hydrogen Off-Take Agreement negotiations.

NewGen, as a locally-developed and private-sector driven project,intendsto harness renewable natural resources, and the excess heat from T&T’s power plants, to provide hydrogen by electrolysis as a creative solution to reduce the carbon footprint and contribute to the Energy Transition of our hydrocarbon-based industrial complex.

Hydrogen is a critical input in ammonia production.  Currently, all hydrogen utilized in ammonia production on the island is generated solely from the steam methane reforming of natural gas.  NewGen is seeking to produce hydrogen using a proven industrial electrolysis process that is powered by electricity obtained from carbon-neutral sources such as excess heat from existing simple cycle power plants, or from green energy sources such as the recently-announced LightSource BP-Shell  solar power generation facility.  The proposed NewGen hydrogen plant, once operational, will be the single largest industrial consumer of electricity in the country.

Initial estimates are for the development of a hydrogen plant with a production capacity of 27,200 tonnes per year that would be sold to the Tringen ammonia complex.  This volume will be used as a zero-carbon supplemental feedstock stream to an existing ammonia plant and represents 25% of a typical hydrogen requirement of a Point Lisas ammonia plant. 

Since there will be no additional carbon emissions associated with this hydrogen stream, the overall carbon footprint of a tonne of ammonia produced by this process will be significantly less than that of current processes employed at the complex.  

Philip Julien, the Managing Director of NewGen said “The natural gas industry in Trinidad and Tobago has a strong tradition as a pioneer and first mover, and we are excited to bring this next phase of innovation to commence the ‘greening’ of our petrochemical industry.” Julien explained that Trinidad and Tobago is already a world scale producer of hydrogen as an intermediate product for petrochemical output.  “What NewGen is offering” he says, “is to produce Carbon-Neutral and Green Hydrogen, using electricity from carbon neutral and renewable sources.  We see this as a creative solution to reduce the carbon footprint of our hydrocarbon-based industrial complex while at the same time allowing the country to maximize the use of its natural gas resources.”

Richard de La Bastide, the VP-Operations of Tringen said “We are pleased to have this opportunity to partner with NewGen on this pioneering hydrogen project.  This has the potential to be transformational for the local energy sector and Tringen is excited to be involved in this exploratory phase.”

Tag: A Greener Future – Propelled by a New Generation of HydrogenNewGen Energy Limited (www.newgenenergyltd.com) was locally incorporated in Trinidad and Tobago as a private sector special purpose vehicle for a proposed carbon-neutral and green hydrogen production project to be located in Point Lisas, Trinidad. The development of NewGen has been sponsored by Kenesjay Systems Limited (www.kenesjay.com), a local project development and consulting firm founded in 1998, with its core business of securing a sustainable energy supply for Trinidad, Tobago, and the Region

NewGen’s Carbon-Neutral & Green Hydrogen Project Is Another 1^st For T&T

NewGen is pleased to announce the launch of its next phase of development for the NewGen Carbon-Neutral & Green Hydrogen Project- which intends to enhance ammonia production at the Point Lisas Industrial Estate.  As a locally developed and driven project, it will reaffirm Trinidad and Tobago’s position as a pioneer and producer to scale of mega energy projects, while being a leading contributor to improving energy efficiency and reducing carbon dioxide levels in T&T’s energy sector. 

Trinidad and Tobago is already a globally-established industrial scale producer of hydrogen from natural gas. That hydrogen is used as a feedstock for methanol and ammonia plants at the Point Lisas Industrial Estate.  The innovative concept that NewGen brings is the production of hydrogen from an industrial electrolysis process powered by carbon-neutral electricity, and by “green” electricity from renewable sources. 

The NewGen Project has a focus on sector coupling, where electricity will be sourced from green and carbon neutral sources. Green electricity will be sourced from industrial scale renewable power providers, and carbon neutral electricity will be sourced from excess heat currently generated by the power sector. Neither of these will result in incremental gas consumption or carbon dioxide emissions.  

The resulting supply of Carbon-Neutral and Green Hydrogen will initially deliver about 25% of the feedstock needed for a typical ammonia plant at Point Lisas. As a new greenfield project, and with these additional volumes of hydrogen, the new facility will breathe new life and sustainability into the Estate by bringing new investment and activity. 

By harnessing renewable natural resources and excess heat from T&T’s power plants, NewGen intends to provide a creative solution to reduce the carbon footprint and contribute to the Energy Transition of our hydrocarbon-based industrial complex. That spells good news for our nation as signatories to the Paris Accord, and for T&T’s commitment to reducing the carbon footprint of our country, and our planet. 

This vision for a greener future and Trinidad and Tobago’s decarbonisation plan has peaked global attention and awaken interests at several international media houses. 

These articles, which can be further viewed at the respective website include:

• HDF AND KENESJAY TO DEVELOP GREEN-HYDROGEN PROJECT IN TRINIDAD & TOBAGO – https://www.chemengonline.com/hdf-and-kenesjay-to-develop-green-hydrogen-project-in-trinidad-tobago/

• Kenesjay, HDF Energy to deliver decarbonised hydrogen to Point Lisas – https://www.h2-view.com/search/?qkeyword=kenesjay&lp=1

• KENESJAY JOINS FORCES WITH FRENCH HYDROGEN SPECIALIST HDF ENERGY TO DECARBONISE THE PETROCHEMICAL SECTOR OF TRINIDAD & TOBAGO – https://fuelcellsworks.com/news/kenesjay-joins-forces-with-french-hydrogen-specialist-hdf-energy-to-decarbonise-the-petrochemical-sector-of-trinidad-tobaco/

T

A Greener Future – Propelled  by a New Generation of Hydrogen

NewGen Energy Limited (www.newgen.com) was locally incorporated in Trinidad and Tobago as a private sector special purpose vehicle for a proposed carbon-neutral and green hydrogen production project to be located in Point Lisas, Trinidad. The development of NewGen has been sponsored by Kenesjay Systems Limited (Kenesjay), a local project development and consulting firm founded in 1998, with its core business of securing a sustainable energy supply for Trinidad, Tobago, and the Region.

The companies team up to accelerate the development of NewGen’s Green Hydrogen Project and deliver decarbonized hydrogen to Point Lisas by 2023

_______________________

Friday July 3rd  2020, Bordeaux, France. 

Kenesjay Systems Limited (Kenesjay) has signed a Letter of Intent (LOI) with  the French hydrogen specialist HDF Energy to establish a partnership for the development of the NewGen Carbon-Neutral & Green Hydrogen project. The main partnership principles and terms are now under discussion for a comprehensive MoU that is expected to be signed this summer. This will signal a longer-term collaboration between the two firms for similar projects in the future.

By introducing a new source of carbon neutral and green hydrogen to the petrochemical sector  of  Point  Lisas  at  a  competitive  cost,  the  NewGen  Hydrogen  Project will  play  a  key  role in the drive towards a decarbonizing transition of the T&T energy industry. The hydrogen will be generated  on an industrial scale from carbon-neutral and renewable sources of electricity using an electrolysis process.

As a project developer and long term-investor, HDF Energy is strengthening its position in the Caribbean where it has successfully implemented the first hydrogen infrastructure participating to the de-carbonization of the electricity sector in Martinique.  Plans by the company are well underway for the construction of the world’s largest hybrid power plant with hydrogen storage in nearby French Guiana. A similar project is also under development in Barbados.

Their hydrogen expertise complements the rich experience that Kenesjay has had over its 20 year history of project development and consulting in the energy sector of Trinidad and Tobago.  This combination promises to deliver the NewGen Project with exceptional results.

Expressing excitement at the collaboration, Damien Havard, CEO of HDF Energy says, ‘We are excited to be working with  NewGen and Kenesjay which has extensive experience  and in-depth knowledge of the energy sector in Trinidad. We believe that NewGen will be the gateway project to a green hydrogen economy in Trinidad and Tobago, and that the model can be successfully duplicated given the extensive local demand for hydrogen.”

Harvard also guaranteed that HDF will ensure that the project benefits from the best available technology, performance and cost efficiencies– resulting in competitive decarbonization of ammonia production. He also stated that “This partnership strengthens our unique position as the preferred infrastructure developer for hydrogen-related projects in the Caribbean and at the international level.”

Speaking at the signing of the LOI, Philip Julien, Managing Director of Kenesjay said, ‘We recognized the value that HDF Energy could bring to the NewGen project, as they have developed the first Caribbean based decarbonizing hydrogen project in an industrial context. HDF’s experience in large scale development projects within the region, and its active participation in a range of private competitive tenders for electrolysers, make them an ideal partner.”

 

He affirmed that as NewGen was incorporated by Kenesjay as its project sponsor, it will have access to Kenesjay’s deep knowledge of the petrochemical and energy sector in Trinidad and Tobago, and thereby become a pivotal player in the evolution of the local industry.

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About HDF Energy: HDF Energy is a French-based project developer specialized in hydrogen large scale infrastructure projects. It operates globally with projects under development in a dozen of countries. It is also  a supplier of 1.5 MW hydrogen  Fuel Cells with a facility under development in France using world leader Ballard Power Systems core technology. HDF Energy achieved a world first-of-a-kind in the Caribbean region in 2019, inaugurating a 1MW fuel cell producing electricity to the grid using purified hydrogen for 15 years. The project was implemented in SARA refinery, Martinique. In 2020 HDF Energy will commence construction on the world’s first Renewstable® power plant in  French  Guiana  ‘CEOG’  combining  60  MW  solar  with  120  MWh  of  hydrogen  and  battery  storage to supply power 24/7 to some 50,000 inhabitants with non-polluting, competitive electricity. The project is being delivered through an international EPC and involves a competitive purchase of 16 MW of electrolysers and pressurized hydrogen storage. More information can be found at : www.hdf-energy.com – www.cleargen.eu/the-site   www.ceog.fr/home – www.renewstable-barbados.com

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About Kenesjay Systems: Kenesjay Systems Limited is a Trinidad-based project development and consulting firm founded in 1998, with its core business of securing a sustainable energy supply for Trinidad, Tobago, and the Region. Kenesjay provided project development and management services for the CNC Ammonia Plant in Point Lisas, producing 630,000 metric tons of ammonia per year. They have also performed Natural Gas Master Plan Studies in Trinidad and Africa, and Electricity Utility Studies within the Caribbean. More information can be found at  Kenesjay Systems Limited