You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence EMEA News Latest Features World Americas EMEA Asia/Pacific Home News & Features EMEA Statkraft Wraps Up Divestment of Green Hydrogen Projects in UK Statkraft Wraps Up Divestment of Green Hydrogen Projects in UK by Ship & Bunker News Team Friday September 25, 2026 Tweet Follow @shipandbunker The company has sold its UK hydrogen portfolio to Kentron Green Nordic AS. File Image / Pixabay Renewable energy company Statkraft has completed the sale of its UK green hydrogen development portfolio, concluding a divestment process announced last year. The company sold its UK hydrogen portfolio to Kentron Green Nordic AS , a Norwegian -owned company with a presence in the UK, it said in an announcement yesterday.  Kentron is part of a group developing wind farms and green ammonia projects, including Neptun Glomfjord Green Ammonia and Neptun Tromsø. Statkraft had announced in May 2025 that it would stop developing new green hydrogen projects in the UK. The company said it would continue developing its mature UK portfolio and seek investors to take the projects into construction and operation. In the UK, Statkraft will continue to focus on investments in solar, onshore wind, hydropower and grid stability services. Green hydrogen continues to be considered a potential long-term fuel for hard-to-abate sectors such as shipping. However, high production costs, limited infrastructure and policy uncertainty remain challenges to wider adoption. For the shipping sector, the use of green hydrogen and its derivatives as marine fuel is still at an early stage, with projects and supply infrastructure continuing to develop. Ship & Bunker News Team To contact the editor responsible for this story email us at [email protected]