Press Release: Prime Capital, RES and Norsk e-Fuel announce project

Sweden-based Norsk e-Fuel, in collaboration with Prime Capital and RES, announced the development of ‘Project Alby’ to produce sustainable aviation fuel (SAF) in Ånge, Sweden. The project aims to produce a minimum of 80,000 tons of e-Fuel annually, utilizing the Power-to-Liquid process to convert water into hydrogen and combine it with captured CO₂ to create e-Kerosene. This initiative marks Norsk e-Fuel’s expansion into Sweden, leveraging low electricity prices from renewable energy in the region. The project is supported by the European Union under the InvestEU Fund.