Its roles Investor / Financier Funder
Enova SF (Enova) is a Norwegian state-owned enterprise that promotes the transition to a low-emission, energy-efficient society. Owned by the Norwegian Ministry of Climate and Environment and headquartered in Trondheim, the organization was established in 2001. Enova manages the Energy Fund (Energifondet) and provides grants and advisory support to accelerate energy efficiency, electrification, renewable heating, and the deployment of innovative low-emission technologies across buildings, transport, and industry.
For energy‑intensive sectors, including chemicals and process industries, Enova supports projects that cut energy use and greenhouse-gas emissions through measures such as process electrification, waste-heat recovery, advanced energy management, and demonstration of new production technologies. It also backs emerging solutions like hydrogen, biogas, battery-related infrastructure, and other enabling technologies that can reduce industrial fossil fuel dependence. Enova’s programs aim to de-risk investments, speed commercialization, and help Norwegian industry achieve long-term competitiveness in a low-carbon economy.
chemXplore tracks 6 projects involving Enova, of which 3 are active.
Besides these 3, the record holds 2 completed projects and 1 on hold.
Closest to start-up first.
The 3 that are completed, on hold or cancelled are in the record. See all 6 in chemXplore →
Revenue rose to SEK 30.4bn and operating profit to SEK 5.4bn (SEK 4.9bn excl. PIR). Stable production; records at Kevitsa and Harjavalta; agreement to buy 64.68% of Nexa Resources.
Modular onboard ammonia cracking to produce fuel-cell-grade hydrogen (up to 1 t/day), supplying 700 kW net for auxiliary and hybrid maritime applications; commissioning early 2028.
SMART‑N technology under an EPF contract with modular off‑site fabrication, 10–100% operating range with staged hydrogen rollout and downstream conversion to nitric acid and fertilizers.
Operational lessons from the Rakkestad CO₂ capture plant were presented at industry conferences in Helsinki, Copenhagen and Trondheim.
Project (total NOK242m, 2026–28) will test industrial biocarbon across labs, pilots and five smelters to double biocarbon share (from ~25%) by 2030, potentially cutting up to 0.5 Mt CO2/yr
Demo facility and HTL expertise transferred to a new company run by former employees; CEO named and investors invited to scale toward commercial plants; deal pending regulatory approval.
Statkraft shifts focus to core technologies, transferring biofuel expertise to a new company led by former employees, aiming to commercialize HTL technology for emissions reduction.
ENOVA grants NOK 9.51 million for a carbon capture pre-project at Skogn, covering 50% of costs, aiming for a final investment decision by 2027.
