Carlton Power Limited celebrates its significant triumph in the first round of the UK Government’s Hydrogen Allocation Round (HAR1).
The announcement from the Department for Energy Security and Net Zero marks a notable milestone for Carlton Power, securing contracts for green hydrogen projects totaling 55MW capacity and an investment of approximately £100 million. This achievement not only reinforces Carlton Power’s position as a key player in the burgeoning hydrogen economy in the UK but also highlights its role in promoting decarbonization and green investment.
Dedicated to aiding UK industries in their transition to greener operations, Carlton Power is actively contributing to the nation’s Net Zero goals. These projects are also expected to stimulate green investments and generate job opportunities across UK regions. In collaboration with Schroders Greencoat LLP, Carlton Power is now poised to make Final Investment Decisions for each project early next year, aiming to commence commercial operations within two years.
The success of these projects can be attributed to the collective efforts and support from various individuals and organizations, including business and project development partners, who have played a crucial role in advancing these initiatives and securing contracts from the Department for Energy Security and Net Zero.
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