Trafigura’s 1GW Esbjerg project will be powered by offshore wind
Trafigura sets 3GW green hydrogen target
Trader seeks more exposure to production projects as it nears FID on 1GW Danish facility
Commodities trader Trafigura has set itself a new target to invest in green hydrogen projects with a total capacity of 3GW by the end of its 2030 financial year, according to its latest sustainability report. The new target signals a significant ramp-up in investment in the near term by the Singapore-based company. Its main hydrogen project to date is a 1GW facility under development at Esbjerg in southwest Denmark together with H2 Energy, a Swiss-based firm in which Trafigura has invested more than $62mn. “We continue to expand our investments in renewable technologies and in clean energy sectors such as green hydrogen and ammonia, with a target of investing in renewable hydrogen projects w
Also in this section
18 June 2025
The country’s green hydrogen sector can gain traction even as the global trade war rages and other headwinds hamper the sector, Mohsen al-Hadhrami, undersecretary of energy and minerals, tells Hydrogen Economist
18 June 2025
UK risks losing out on in race to secure hydrogen imports as its refusal to back ammonia cracking sinks $2.7b Immingham project
11 June 2025
China emerges as clear frontrunner as US growth stalls and Europe burdens its industry with labyrinthine regulations
30 May 2025
Pressure is growing on developers to prove the bankability of their projects in a challenging market for green hydrogen
