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06 Dec NewGen Energy

Posted at 20:40h in initiatives by

NewGen Energy Limited (NewGen), is 70% owned by Hydrogen de France (HDF) Energy and 30% Kenesjay Green Limited and its local affiliates.  The NewGen Project is strongly aligned to Trinidad and Tobago’s agenda to expand its current and new production capability and to reinforce its position as an industry pioneer in innovations for energy transition. 

NewGen’s first 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. This new supply of Low Carbon & Green Hydrogen (H2) will be used as additional feedstock within the Point Lisas Industrial Estate in Trinidad. 

The Project is estimated at a total of USD $300M-$400M and is currently entering into its FEED phase of development.