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Would you like to shape the next phase of green industrial development?

It all starts with energy. We need to ensure that the world’s economic growth is sustainable for our planet and people. As part of our new strategic direction to diversify and explore new growth opportunities, Hydro has established the renewable energy company Hydro REIN, the green hydrogen company Hydro Havrand, and the business unit Batteries in our Energy business area.

Green future

Hydro REIN facilitates access to affordable renewable power for industrial use, sourced from its portfolio of hydro, solar and wind projects in Brazil and the Nordics. The company also provides industrial scale solutions to improve customers’ energy efficiency, help them reduce emissions and cut costs.

The Batteries business unit actively develops current assets and projects in the battery sector and explores new opportunities for Hydro in the battery value chain. 

Hydro Havrand, a fully-owned Hydro company,offers green hydrogen made from renewable energy and industrial fuel switch solutions to help bring the world to net-zero emissions. We will develop, operate and own green hydrogen facilities, and provide our expertise to customers within heavy industries, maritime sector and heavy transport to enable them to transition to renewable energy. These sectors add up to almost 30 per cent of global CO2 emissions, but with green hydrogen we can change that. We can convert zero-emission, renewable energy into hydrogen for input in industrial processes and also as fuel for shipping and trucking.

Would you like to join us?

If you would like to join our journey into renewable growth, have a closer look at our open positions here:

The planet is facing unprecedented climate change and moving away from fossil fuels is the only viable solution. We are helping industrial companies succeed with this shift.

Hydro REIN facilitates access to affordable renewable power sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. We also help our clients improve energy efficiency, reduce emissions and cut costs. That is our contribution to transform and build industrial companies for the next generation.  As part of the REIN team, you will be able to apply your skills and creativity where it matters the most to ensure a more sustainable future.    

We are now looking for Investment and Financial Analysts to join our team!

The Investment Analyst will join a lean and dynamic investment team which is responsible for driving and structuring bankable renewable projects that provide risk adjusted returns within REIN’s target range.

The Financial Analyst will be part of the Finance team and work with developing and applying financial modelling to support the various projects across renewable investments and energy solutions, in addition to other financial planning tasks. 

Main deliveries will include:

  • Obtain project input from all stakeholders and ensure appropriate capturing in valuation
  • Develop and apply comprehensive financial models for renewable projects 
  • Perform investment analysis including relevant scenarios and sensitivities 
  • Analyze corporate cash flow and follow up performance targets
  • Understand and analyze tax legislation and accounting effects
  • Prepare decision making material for stakeholders 
  • Other financial and strategy related tasks, such as internal management reporting, project benchmarking, analysis of market, resources and levelized cost of energy (LCOE)

We offer: 

  • The possibility to play a vital role in developing REIN’s portfolio of assets, across multiple technologies, at different scales in countries with some of the best renewable resources in the world
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed
  • Be a part of the business for the future and join us for an exciting journey

Who are you?

  • We are looking for candidates with a background from corporate finance/M&A, banking, management consulting, private equity or similar relevant roles in the energy industry 
  • You have a keen interest in the energy industry dynamics irrespective of the angle, e.g. project development, project finance, transmission networks, power purchase and sourcing, renewable power technology, power markets, etc.
  • You have strong quantitative skills, an analytical mindset and experience in building business cases
  • You combine an entrepreneurial spirit and "can do" attitude with excellent academic records, e.g. in business, finance or engineering
  • You thrive in value-driven, result-oriented and collaborative settings
  • You have 2-5 years’ work experience 
  • Very strong skills in Microsoft Office, particularly Excel and PowerPoint
  • Strong communicator, both written and verbal English

Please enclose a cover letter and copies of relevant academic transcripts, diplomas, certificates etc. Only applications received through our online system will be considered, not via e-mail. As part of our recruitment process, we use Semac for background check. 
 

Apply before: 12/08/2021

Hydro REIN offers renewable energy solutions for more sustainable industries. 

Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

Hydro REIN invests in large renewable projects. We have a significant portfolio in Brazil and the Nordics – in operation, under construction and under development – with strong near-term growth potential. Our projects are developed in partnership with experienced developers and EPC providers.

To strengthen our Projects team, we are hiring a Project Development Manager with wind expertise to develop and manage the Nordic projects. You will report to the Head of Project Development and Execution, and work closely with the whole Hydro REIN team in the Nordics and Brazil as well as the commercial, projects and technical experts in the rest of the Hydro organization. 
 
What we offer

  • An opportunity to take a leading role in developing a strong pipeline of projects, building the business and defining the organization development strategy
  • A new position giving the right candidate the chance to shape the role and grow your career through professional and personal development
  • An international, ambitious and dynamic "start-up" working environment with the necessary support and financial back-up to succeed 

Main responsibilities
You will be responsible for the development and structuring of renewable energy projects from early development and due diligence, through the development process to financial close and execution. 
 
In our first projects, development activities are mostly led by Hydro REIN’s partners. You will then primarily coordinate the due diligence and ensure that the optimal investment decisions and partnership structure for Hydro REIN’s interests and requirements are met.

In parallel, you will contribute to identifying earlier stage leads and building a pipeline of projects, enabling us to take a more active and broader role in the development, construction and operations of the future projects
 
Main activities include:

  • Monitor or lead internal and external project development efforts including securing permits, land, grid connection
  • Lead due diligence for project acquisition, coordinating all workstreams – in particular technical, regulatory, ESG
  • Advise the investment team in negotiations with prospective development partners 
  • Lead concept finalization and structuring activities to prepare for execution (including managing the different workstreams on engineering, financing, procurement, key projects contracts finalization such as TSA, WTG, O&M)

Who are you?
First of all we believe that the right candidate is motivated by the challenges and opportunities of joining a start-up. You must deal with the fact that resources are scarce and not all processes are in place and see this as an opportunity to build the company.
 
Your ability to identify opportunities combining technical understanding and business acumen, to structure complex projects, to lead external and internal development processes, and to collaborate with multidisciplinary teams is key to successfully leading the project to construction start. You must be independent, assertive and organized, with a high level of energy and motivation. The right candidate should be able to communicate and report on complex issues in a clear and action-oriented way. 
 
Desired qualifications 

  • Higher education, preferably Master’s degree in Business or Engineering 
  • Minimum 10 years of relevant work experience from large scale wind projects, e.g.  project development and management, engineering management, technical consultancy etc.
  • Fluent in written and verbal English and one Scandinavian language
  • Ability to work extended hours and travel extensively 

You will visit sites and partners across the Nordics (particularly Sweden and Norway), so the position can be located in either country. 

 

Apply before: 11/28/2021

It all starts with energy. We need to ensure that the world’s economic growth is sustainable for our planet and people. 

Batteries are a key part of the energy transition and essential to go fully renewable and reach climate targets. The world needs sustainable batteries and we need to recycle them once they reach their end-of-life.

Hydro Energy’s business unit Batteries invests with partners across the battery value chain. We are an active industrial owner, leveraging Hydro’s core expertise to develop, scale and industrialize the companies we invest in and work with. We aim for profitable investments of up to 3 bn NOK until 2025.

We are driven by our purpose. In Batteries you get a chance to solve real-world problems and work with new solutions and partnerships in a rapidly developing industry. While we collaborate with colleagues across Hydro, we’re a lean team in Batteries which means we are reliant on being accessible to each other, being open to new ideas and being challenged. It’s a team effort – we win or lose together. 

We are now expanding our team with a Battery Industry Analyst, who will play a key role in monitoring and deciphering market and industry developments, providing input for our business and strategic decisions. 

This is a great opportunity for a sharp and commercially driven professional to contribute to shaping the battery industry, while positioning yourself for exciting career opportunities in the years to come!

Areas of Responsibility

Using multiple sources and engaging with many external and internal resources, you will be responsible for our battery market and industry intel and analysis. This includes:

  • Develop and maintain Batteries’ portfolio analysis and prepare recommendations on portfolio optimization
  • Contribute to developing and implementing Batteries’ strategy and sustainability targets
  • Support part-owned companies on market/industry analysis, strategy, sustainability and other relevant matters
  • Support asset managers, particularly with market and industry analysis
  • Contribute to business development projects, including due diligence

Qualifications

  • Master’s degree with excellent results, e.g. in business, industrial economics, finance or relevant technical field
  • Preferably 3-5 years’ relevant experience from at least one of the following areas: management consulting, market intelligence and analysis, portfolio assessment, strategy development
  • Highly analytical, with a proven ability to see trends and understand the big picture
  • Strong general communication skills, including tools such as PowerPoint/Excel and using English as working language
  • Experience from the battery industry/value-chain and/or sustainability is an advantage

To be happy in our team, we believe that you enjoy working in a collaborative and agile setting, handling multiple projects. You consistently produce high quality content and thrive when making a difference for the core business.

Please enclose a cover letter and copies of relevant academic transcripts, diplomas, certificates etc. Only applications received through our online system will be considered, not via e-mail. As part of our recruitment process, we use Semac for background check. 

Apply before: 11/28/2021

Hydro REIN offers renewable energy solutions for more sustainable industries. 

Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.
 

To strengthen our Finance team in Hydro REIN we are looking for a Head of Treasury. You will report to the Finance Director and work closely with the rest of the finance team and the wider organization.

What we offer

  • Opportunity to take a leading role in developing and executing the funding strategy and establish the treasury function in a new company 
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed
  • Be a part of the business for the future and join us for an exciting journey

      
Main responsibilities
You will have the overall responsibility for REIN’s treasury, including funding, cash and liquidity management, and financial risk management.

Main tasks: 

  • Run external processes towards debt and equity markets to establish optimal capital structure, including securing project financing, corporate debt and trade finance facilities, and bonds
  • Work closely with the investment team on project financing processes, lead negotiations and documentation together with Legal 
  • Develop and maintain bank and creditor relationships 
  • Develop and continuously improve cash and liquidity management systems and processes
  • Ensure solid financial risk management and monitor exposures
  • Develop and maintain policies, guidelines and processes for the treasury responsibilities and financial market compliance
  • Build the necessary organisation and systems to deliver on these responsibilities

Who are you?
We believe that the right candidate is motivated by responsibility, change and the opportunity to make a difference. You must deal with the fact that not all processes are in place and see this as an opportunity to build fit-for-purpose solutions, but for continuous motivation you must also thrive from process ownership and steady improvement.

To succeed, a solid knowledge of bank and capital markets and the responsibilities of a corporate treasury is needed, in combination with an entrepreneurial spirit and "can do" attitude. The right candidate will have strong interpersonal skills and be able to communicate complex issues in a clear and understandable way. Other important traits are uncompromising integrity, value-driven and collaborative.

Qualifications 

  • Higher education, e.g. a degree in finance, economics, business administration or similar
  • Minimum 7 years' relevant experience, e.g. within treasury, corporate banking or similar. Experience from the power/renewables industry a plus 
  • Strong knowledge of and experience with project finance and trade finance structures
  • Experience with negotiating and managing international loan agreements and documentation
  • Familiar with cash and liquidity management and financial risk management
  • Fluent in written and spoken English
     

Apply before: 10/24/2021

Hydro REIN offers renewable energy solutions for more sustainable industries. 

Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

Hydro REIN invests in large renewable projects: we have a significant portfolio in Brazil & the Nordics, with strong near-term growth potential.

Projects are delivered in partnership with experienced developers and EPC providers.

To strengthen our Projects team in Hydro REIN we are looking for a Procurement and Contracts Manager with expertise in large-scale solar and/or wind, to ensure market intelligence on the main equipment and contractors/supplier and manage contracting activities for our solar and wind projects portfolio. You will report to the Head of Project Development and Execution, and work closely with the whole Hydro REIN team in Nordics and Brazil, as well as the Projects Procurement and functional experts in the rest of the Hydro organization. 

The position can be based either in the Nordics (liaising with the headquarters in Oslo), or in Brazil (our main office in Rio de Janeiro).

What we offer

  • An opportunity to take a leading role in defining the procurement and contracting framework and build the organization and team
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed 

Main responsibilities
On a portfolio level, you will establish the market intelligence, benchmarks, tools and procedures to advise Hydro REIN’s investment decisions. You will also develop and maintain a network of suppliers of equipment (WTG, modules, etc.) and services (EPC companies, technical advisors, operators, etc). 

On a project level, the responsibilities are focused around:

  • Review and negotiate the key contracts and agreements (turbine supply and installation, balance of plant, modules supply, sub-EPC contracts, construction management, service contract, operations & maintenance, asset management, etc)
  • Review business case input and support investment decisions 
  • Follow contracts execution, including milestone payments, claims, etc.
  • Develop a cost roadmap combining lessons learnt from past projects, benchmarking and future forecasts to ensure effective pricing of new projects.

Who are you?
First of all we believe that the right candidate is motivated by the challenges and opportunities of joining a start-up. You must deal with the fact that resources are scarce and not all processes are in place and see this as an opportunity to build the organization.


To succeed, you must be independent, assertive and organized, with a high level of energy and motivation. Good relationship building and leadership skills are required – both with internal and external stakeholders. You need to have strong analytical skills and demonstrated negotiation skills. The right candidate should be able to articulate complex issues and suggest innovative and action-oriented solutions. 

Desired qualifications 

  • Higher education, preferably Master’s degree in relevant discipline (Legal, Business, Financial, Engineering)
  • Minimum 10 years of relevant work experience in large scale renewable solar and/or wind industry companies (e.g. in procurement, supply chain management, legal)
  • Working experience in a wind turbine manufacturer strongly preferred
  • International experience, demonstrated ability to work and lead in international teams and in matrix organizations
  • Fluent in written and oral English. Norwegian and/or Portuguese are a strong benefit. 
  • Must be able to work extended hours and across time zones

Apply before: 10/03/2021

Hydro REIN offers renewable energy solutions for more sustainable industries.


Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.


Hydro REIN invests in large renewable projects: we have a significant portfolio in Brazil & the Nordics, with strong near-term growth potential.


Projects are developed in partnership with experienced developers and EPC providers.

To strengthen our Projects team in Hydro REIN we are looking for a Project Control Manager with experience in large scale renewable projects, solar and wind. You will report to the Head of Project Development and Execution, and work closely with the Projects Control and technical experts in the rest of the Hydro organization, as well as the whole Hydro REIN team in Nordics and Brazil.


The position will be based either in the Nordics (liaising with the headquarters in Oslo), or in Brazil (our main office in Rio de Janeiro).

What we offer

  • An opportunity to take a leading role in defining the project delivery framework and building the Projects organization, framework and team
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed 

Main responsibilities
You will be responsible for ensuring that Hydro REIN’s projects are developed and delivered according to a robust and fit-for-purpose governance and processes and procedures. This involves leveraging the Hydro’s standards and toolkits and reviewing project partners’ procedures. 


In each project, you will work with the specific projects team and stakeholders to manage schedule, cost, risks and document control. 


Main activities will include: 

  • Establish and implement procedures, systems, tools and best practices 
  • Estimate and control cost (e.g. WBS/CBS structure, cost phasing, monitoring, forecasting and reporting)
  • Scheduling, progress monitoring and reporting (incl. schedule risk analysis)
  • Implement fit for purpose and action-oriented risk identification and management system
  • Project reporting 
  • Implement/monitor document control processes and systems
  • Support and advice the project team and the owners  in project control activities, in particular in managing EPC contractors and suppliers

Who are you?
First of all we believe that the right candidate is motivated by the challenges and opportunities of joining a start-up. You must deal with the fact that resources are scarce and not all processes are in place and see this as an opportunity to build the organization.

To succeed, you must be independent, assertive and organized, with a high level of energy and motivation. The right candidate will have strong analytical skills and attention to details and should be able to communicate and report on complex issues in a clear and action-oriented way. Other required traits are uncompromising integrity and good relationship building with internal and external stakeholders. 

Desired qualifications

  • Higher education, preferably Master’s degree in a relevant discipline (Engineering, Business, Finance)
  • Minimum 7 years of relevant work experience from renewable energy, e.g. project control, document control, financial control, quality assurance advisor or auditor 
  • Significant work experience with large scale renewable power projects
  • International experience, proven ability to lead international teams and function in a matrix organization 
  • Fluent in written and oral English. Norwegian and/or Portuguese are a benefit
  • Ability to work extended hours and across time zones

Apply before: 10/03/2021

Hydro REIN offers renewable energy solutions for more sustainable industries.

Our goal is to help our industrial clients take part in the energy transition. We facilitate access to affordable renewable power, which we will source from our own portfolio of hydro, solar and wind projects in Brazil and the Nordics. We also provide industrial scale energy solutions to improve energy efficiency, reduce emissions and cut costs inside the fence. Founded on Hydro’s more than 100 years of energy experience, our business model is based on agility and the ability to provide the right solutions and services at the right cost.


Hydro REIN is now looking to further strengthen our technical team with a Wind Resource Specialist to lead our project evaluations and optimization efforts on projects we are developing jointly with partners.

What we offer

  • An international, dynamic and ambitious “start-up” working environment with the necessary support and financial back-up to succeed
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development

Main responsibilities
You will join a lean technology team which is responsible for taking the lead on technical assessments and provide technical guidance and support to our functional areas in Hydro REIN, including our investment, project development and energy solutions teams. In the technology team, you will be our wind resource expert and have a key function in project evaluations and development efforts.

Tasks will include:

  • Perform and review wind resource assessments, develop project layout and identify optimization potential of projects
  • Establish production estimates  
  • Close interaction with turbine suppliers and be involved in technology selection evaluations and procurement processes
  • For wind parks in operation, analyze operational data and inform on performance
  • Technology monitoring activities for the wind sector
  • Be Hydro REIN’s lead in wind R&D initiatives
  • Review and prepare project documentation for decision gaes
  • Development of Hydro REINs frameworks, technical documents, and best practices 
  • Contribute in identifying and developing IT and digital solutions

Who are you?
We belive that you have strong cooperative and communicative skills and are motivated by beeing a part of a team working towards common goals. To succeed you thrive working in multidiscipline teams, on various types of projects and in different project phases.

You manage to assess and prioritize major issues, like to be hands-on and have strong experience from wind resource analyses and production estimates.

Desired qualifications

  • Higher education, preferably Master’s degree in Engineering
  • Minimum 5 years of relevant work experience from large scale wind projects, e.g. project development, OEM, technical consultancy etc. 
  • Experience from wind resource assessments and using industry acknowledged wind resource software
  • Knowledge from SCADA data and performance analyses is an advantage
  • Excellent organizational skills, with ability to prioritize critical tasks and manage workload from different projects
  • Fluent in English, both oral and written. Norwegian and Portuguese is an advantage
  • Uncompromising integrity
  • Entrepreneurial spirit and "can do" attitude
  • Value-driven, with high focus on collaboration

Additional Information
This role reports to Head of Technology in Hydro REIN.

Apply before: 26.09.2021

We need to move away from fossil fuels, and for the world to reach net zero emission in 2050 we need renewable hydrogen. Hydro Hydrogen, Hydro’s new renewable hydrogen company, will help drive the uptake of green hydrogen in sectors we can’t directly electrify – such as big parts of industry, long-distance transport and shipping. The EU calls hydrogen the ‘the missing part in the puzzle to a fully decarbonized economy’. We aim to be part of solving that puzzle. 

We are an industrial venture with global ambitions, building on Hydro’s 115 years of experience within renewable energy and industry development to build world-leading capabilities and operational performance.

Hydrogen is only as clean as the methods used to produce it, and our hydrogen is based on hydro, solar and wind power. Together with our partners, we have access to a global network of sites with large predictable offtake and favorable power sourcing agreements.

We aim to be an early mover in the hydrogen industry and help industries succeed with their energy transition and cut emissions. If you are keen on an exciting job where you are part of tackling the key issue the world is facing, then join us!

Areas of Responsibility
As part of the Hydro Hydrogen Development team, you will join an industrial venture and play a pivotal part in creating a sustainable future. With your natural technical authority, you will actively develop the technical organization and projects resources competence on electrolyser and auxiliary systems.

On our side, we promise that you will become part of an inclusive and collaborative team with a strong team mentality.

Hydro’s hydrogen company will have the following technology interfaces:

  • Development of hydrogen production solutions (including balance of plant) for customers inside Hydro
  • Development of hydrogen production solutions for external customers in industry and transportation
  • Work closely with OEMs and suppliers in the value chain including for the supply of renewable power 
  • And as a key leaver to creating value, work closely with our strategic partners 

As Head of Hydrogen Technology your main responsibilities will include:

  • Lead the global technology activities of Hydro Hydrogen, as part of the Development management team
  • Build and manage a technology team to work closely with the commercial and project business areas
  • Develop our strategic approach, technical roadmap and playbook across hydrogen technologies 
  • Ensure Hydro Hydrogen have the technical authority across electrolysers, safety and auxiliary systems 
  • Clear internal communication with the senior management team and other key stakeholders 
  • Lead early phase engineering and technology development programmes
  • Develop deep partner, supplier and customer engagement.  

Qualifications

  • Deep and leading knowledge of electrolysers, auxiliary systems and BOP
  • University degree in engineering/industrial economics or equivalent
  • Practical experience developing hydrogen electrolysers and hydrogen balance of plant systems
  • 10-years’ experience from leading roles in the energy value chain, renewables or decarbonization
  • Experience from technology strategy processes and technology development programs
  • A robust understanding of the performance and economics of hydrogen electrolysis 
  • Deep insight across hydrogen technologies including storage, transportation and conversion 
  • Availability to travel to meet start-ups, suppliers, partners and clients and to conduct site visits
  • Experience working with joint industry programs and funding applications is an advantage
  • Operational experience with electrolyser plant and hydrogen consumption assets is an advantage 
  • Experience with power markets and design for flexibility and balancing services is an advantage
  • Knowledge with interfacing energy technologies such as solar and batteries is an advantage
  • Experience in working with fuel synthesis or hydrogen derivatives is an advantage 
  • Fluent in English, both oral and written. Norwegian and Portuguese is an advantage

We believe that you’re good fit for this role if you combine an analytical and structured approach with a strategic and commercial mindset. You communicate effectively to make an impact and successfully build networks and partnerships. Others perceive you as open, collaborative, and trustworthy. 

What we offer
This is a unique opportunity to be part of an industrial company with global ambitions in the fast-growing renewables business. Commencement will be as soon as possible, and you will join a hard-working and fun-loving team, triggered by doing their best in an international and dynamic work environment. You’ll have room to shape your own role and really make your mark on our way forward.


Apply before: 09/19/2021

We need to move away from fossil fuels, and for the world to reach net zero emission in 2050 we need renewable hydrogen. Hydro Hydrogen, Hydro’s new renewable hydrogen company, will help drive the uptake of green hydrogen in sectors we can’t directly electrify – such as big parts of industry, long-distance transport and shipping. The EU calls hydrogen the ‘the missing part in the puzzle to a fully decarbonized economy’. We aim to be part of solving that puzzle. 


We are an industrial venture with global ambitions, building on Hydro’s 115 years of experience within renewable energy and industry development to build world-leading capabilities and operational performance.

   
Hydrogen is only as clean as the methods used to produce it, and our hydrogen is based on hydro, solar and wind power. Together with our partners, we have access to a global network of sites with large predictable offtake and favorable power sourcing agreements.

We aim to be an early mover in the hydrogen industry and help industries succeed with their energy transition and cut emissions. If you are keen on an exciting job where you are part of tackling the key issue the world is facing, then join us!

We are now hiring our Head of Hydrogen Asset and Business Development. As part of the Hydro Hydrogen Development team, you will join an industrial venture and play a pivotal part in creating a sustainable future. You should bring with you a good understanding of emerging hydrogen value chains, complementary infrastructure and business drivers, and will be expected to turn this knowledge into an actionable strategy through new business development, partnerships and projects. 

Areas of Responsibility

  • Asset and Business Development will have the following interfaces:
  • Development of integrated hydrogen solutions for customers (across all regions globally) inside Hydro
  • Development of integrated hydrogen solutions for external customers in industry and transportation
  • Work closely with authorities, policy makers, suppliers and clients to develop hydrogen value chains
  • And as a key lever to creating value, work closely with our strategic partners 

As Head of Asset and Business Development (ABD) your main responsibilities will include:

  • As part of the development management team, lead the global ABD activities of Hydro Hydrogen
  • Build and lead a team of project development managers to deliver on our growth ambitions
  • Grow our capabilities in hydrogen hub development and integrations across relevant industrial sectors
  • Work closely with the commercial business unit to realise new business and drive pipeline development
  • Develop our strategic approach towards establishing optimal beachheads and value chain growth
  • Clear internal communication with the senior management team and other key stakeholders 
  • Lead holistic business assessments, early phase hydrogen developments and programmes 
  • Develop deep partner, supplier and customer engagement across are range of sectors

Qualifications

  • Deep and leading knowledge of hydrogen markets and value chains
  • University degree in engineering/business/industrial economics or equivalent
  • 10-years’ experience from leading roles in the energy value chain, renewables or decarbonization
  • Experience and demonstrated success in creating, leading or supporting strategic partnerships 
  • Availability to travel to meet relevant authorities, suppliers, partners, clients and to conduct site visits
  • Experience with power markets and design for flexibility and balancing services is an advantage
  • Knowledge with interfacing energy technologies such as solar and batteries is an advantage
  • Experience in working with fuel synthesis or hydrogen derivatives is an advantage 
  • Experience from the maritime sector is an advantage 
  • Fluent in English, both oral and written. Norwegian, German or Portuguese is an advantage
  • Experience from a leading consultancy firm is an advantage 

We believe that you’re a good fit for this role if you combine an analytical and structured approach with a strategic and commercial mindset. You communicate effectively to make an impact and successfully build networks and partnerships. Others perceive you as open, collaborative, and trustworthy. 

What we offer
This is a unique opportunity to be part of an industrial company with global ambitions in the fast-growing renewables business. Commencement will be as soon as possible and you will join a hard-working and fun-loving team, triggered by doing their best in an international and dynamic work environment. You’ll have room to shape your own role and really make your mark on our way forward.


Apply before: 09/19/2021

We need to move away from fossil fuels, and for the world to reach net zero emission in 2050 we need renewable hydrogen. Hydro Hydrogen, Hydro’s new renewable hydrogen company, will help drive the uptake of green hydrogen in sectors we can’t directly electrify – such as big parts of industry, long-distance transport and shipping. The EU calls hydrogen the ‘the missing part in the puzzle to a fully decarbonized economy’. We aim to be part of solving that puzzle. 

We are an industrial venture with global ambitions, building on Hydro’s 115 years of experience within renewable energy and industry development to build world-leading capabilities and operational performance.

Hydrogen is only as clean as the methods used to produce it, and our hydrogen is based on hydro, solar and wind power. Together with our partners, we have access to a global network of sites with large predictable offtake and favorable power sourcing agreements.

We aim to be an early mover in the hydrogen industry and help industries succeed with their energy transition and cut emissions. If you are keen on an exciting job where you are part of tackling the key issue the world is facing, then join us!

We are now hiring our Head of Hydrogen Fuel Switch Solutions. As part of the Hydro Hydrogen Development team, you will join an industrial venture and play a pivotal part in creating a sustainable future. You bring with you a good understanding and experience of fuel switching in an industrial setting. Driving fuel switching solutions will require deep supplier and customer engagement. 

Areas of Responsibility
Hydro’s hydrogen company will have the following main fuel switching interfaces:

  • Development of hydrogen fuel switching solutions (primarily industrial heat) for customers inside Hydro
  • Development of hydrogen fuel switching solutions for external customers in industry and transportation
  • Work closely with OEMs and suppliers to develop and enable fuel switching across relevant sectors
  • And as a key leaver to creating value, work closely with our strategic partners 

As Head of Hydrogen Fuel Switch your main responsibilities will include:

  • As part of the development management team, lead global fuel switch development in Hydro Hydrogen 
  • Build and manage a fuel switch team to work closely with the commercial and project business units
  • Develop our strategic approach towards fuel switch technologies across the relevant sectors
  • Act as the company knowledge in client related process across heat, transport, feedstock and power
  • Clear internal communication with the senior management team and Hydro internal leadership
  • Lead fuel switch engineering and technology development programmes
  • Develop deep partner, supplier and customer engagement.  

Qualifications

  • University degree in engineering/business/industrial economics or equivalent
  • Experience with fuel switch projects, gas-based systems, permitting and the gas (NG/LPG/LNG) market 
  • 10-years’ experience from leading roles in new energy industrial projects and business development
  • Experience in either boiler, burner, steel, feedstock, or power generation fuel conversion is required
  • Experience with technology development and working with suppliers to realize solutions 
  • Availability to travel to meet suppliers, partners and clients and to conduct site visits
  • Experience with process safety is required and experience with electrolyser safety is an advantage
  • Experience in fuel switching transport, such as shipping, buses or trucking is an advantage
  • Operational experience with gas-based industrial installations is an advantage 
  • Knowledge and experience in working with hydrogen derivatives is an advantage 
  • Fluent in English, both oral and written. Norwegian and Portuguese is an advantage

We believe that you’re a good fit for this role if you combine an analytical and structured approach with a strategic and commercial mindset. You communicate effectively to make an impact and successfully build networks and partnerships. Others perceive you as open, collaborative, and trustworthy. 

What we offer
This is a unique opportunity to be part of an industrial company with global ambitions in the fast-growing renewables business. Commencement will be as soon as possible and you will join a hard-working and fun-loving team, triggered by doing their best in an international and dynamic work environment. You’ll have room to shape your own role and really make your mark on our way forward.
 

Apply before: 09/19/2021

We need to move away from fossil fuels, and for the world to reach net zero emission in 2050 we need renewable hydrogen. Hydro Hydrogen, Hydro’s new renewable hydrogen company, will help drive the uptake of green hydrogen in sectors we can’t directly electrify – such as big parts of industry, long-distance transport and shipping. The EU calls hydrogen the ‘the missing part in the puzzle to a fully decarbonized economy.’ We aim to be part of solving that puzzle.


We are an industrial venture with global ambitions, building on Hydro’s 115 years of experience within renewable energy and industry development to build world-leading capabilities and operational performance.


Hydrogen is only as clean as the methods used to produce it, and our hydrogen is based on hydro, solar and wind power. Together with our partners, we have access to a global network of sites with large predictable offtake and favorable power sourcing agreements.

We aim to be an early mover in the hydrogen industry and help industries succeed with their energy transition and cut emissions. If you are keen on an exciting job where you are part of tackling the key issue the world is facing, then join us!

Areas of Responsibility
As part of the Hydro Hydrogen Development team, you will join an industrial venture and play a pivotal part in creating a more sustainable future. You will have a good understanding and experience with early engineering and project development in the energy sphere. We shall encourage a coaching and inclusive leadership style with a strong team mentality.

Our Project Development Managers will have the following interfaces:

  • Development of hydrogen projects for customers across the business areas inside Hydro
  • Development of hydrogen projects for external customers in industry and transportation
  • Work with ongoing and new projects in Hydro to develop hydrogen solutions as part of the delivery
  • And as a key lever to creating value, work closely with our strategic partners 

As a Project Development Manager your main responsibilities will include:

  • As part of the development unit, lead development projects within Hydro Hydrogen
  • Work with Hydro expansion projects and develop hydrogen solutions as a key part of the delivery
  • Support the development of integrated (hub) business cases, concepts and project finance models
  • Work closely with the commercial business unit to realise new business and drive pipeline development
  • Work with stakeholders across the hydrogen value chain to develop optimal technical solutions
  • Ensure project progress and prepare project documentation for internal decision gates
  • Develop deep partner, supplier and customer engagement across a range of sectors

Qualifications

  • University degree in engineering/business/industrial economics or equivalent
  • 7-years’ engineering experience, including project management experience 
  • Excellent track record of managing early phase hydrogen, renewable or energy related projects
  • Availability to travel to meet suppliers, partners and clients and to conduct site visits
  • An understanding of power markets and design for flexibility and balancing services is an advantage
  • Experience with fuel switch projects, gas-based systems and the gas market is an advantage
  • Experience with high voltage networks and sub-stations is an advantage 
  • Experience with process, system and electrolyser safety is an advantage
  • Experience in fuel switching transport, such as shipping, buses or trucking is an advantage
  • Experience from the maritime sector, fuel synthesis or hydrogen derivatives is an advantage
  • Fluent in English, both oral and written. Norwegian, German or Portuguese is an advantage

We believe that you’re good fit for this role if you combine an analytical and structured approach with a strategic and commercial mindset. You communicate effectively to make an impact and successfully build networks and partnerships. Others perceive you as open, collaborative, and trustworthy. 

What we offer
This is a unique opportunity to be part of an industrial company with global ambitions in the fast-growing renewables business. Commencement will be as soon as possible and you will join a hard-working and fun-loving team, triggered by doing their best in an international and dynamic work environment. You’ll have room to shape your own role and really make your mark on our way forward.


Apply before: 09/26/2021

We need to move away from fossil fuels, and for the world to reach net zero emission in 2050 we need renewable hydrogen. Hydro Hydrogen, Hydro’s new renewable hydrogen company, will help drive the uptake of green hydrogen in sectors we can’t directly electrify – such as big parts of industry, long-distance transport and shipping. The EU calls hydrogen the ‘the missing part in the puzzle to a fully decarbonized economy’. We aim to be part of solving that puzzle. 


We are an industrial venture with global ambitions, building on Hydro’s 115 years of experience within renewable energy and industry development to build world-leading capabilities and operational performance.


Hydrogen is only as clean as the methods used to produce it, and our hydrogen is based on hydro, solar and wind power. Together with our partners, we have access to a global network of sites with large predictable offtake and favorable power sourcing agreements.


We aim to be an early mover in the hydrogen industry and help industries succeed with their energy transition and cut emissions. If you are keen on an exciting job where you are part of tackling the key issue the world is facing, then join us!

In this key role as Strategy and Policy Manager, you will monitor and decipher the hydrogen market and policy frameworks and define the long-term direction for the hydrogen business in close collaboration with senior management. 

Areas of Responsibility
As part of the Hydro Hydrogen team, you will join an industrial venture and play a pivotal part in creating a more sustainable future. 

You bring with you a good understanding of strategy and policy processes and be able to condense; 1) the external market and policies relevant for Hydro Hydrogen, and assess the potential impact (issues and opportunities) they might have on the company, and 2) the insight of senior management team into a structured and actionable strategic roadmap for the company, both short and long term. 

You will have the following interfaces:

  • The senior management team shape the strategic direction of the company
  • The technical specialists and supply chain to develop the technical roadmaps and make buy strategies
  • Authorities, policy makers, suppliers and clients to enable a sustainable hydrogen policies and grants structures
  • The commercial team to structure strategic partnerships and assess M&A opportunities
  • The wider Hydro’s policy and strategy network 

In the role as Strategy and Policy Manager your responsibilities will include:

  • Monitor the external market to identify and maintain a strategic view of risks and opportunities 
  • Manage the Hydro Hydrogen strategy process:
    • Provide structured market insight reports and recommendations to management
    • Author presentations and memos with distilled clear strategic direction and roadmap for implementation in close collaboration with senior management
    • Define KPIs and priorities to meet the strategic ambition, and follow-up the strategy implementation
  • Monitor and interpret the impact of polices, provide input to consultation processes, manage the CSR strategy & reporting and coordinate strategic, ESG and policy matters in close cooperation with Hydro functions
  • Support and manage M&A and partnership processes

Qualifications

  • University degree in engineering/business/industrial economics or equivalent
  • Experience from strategy and/or policy roles in the energy value chain, renewables or decarbonization 
  • Proven capability in business strategy development either as consultant or within business strategy departments
  • Strong insight into strategic tools and methods
  • Excellent workshop facilitation skills, open, inspiring and able to be direct and challenge senior leaders
  • Self-driven and entrepreneurial 
  • Structured and well organized
  • Collaborative personality and with strong interpersonal skills
  • Strong stakeholder management capabilities
  • Excellent oral and written communication skills
  • Fluent in English, both oral and written. Norwegian, German or Portuguese is an advantage

We believe that you’re a good fit for this role if you combine an analytical and structured approach with a strategic and commercial mindset. You communicate effectively to make an impact and successfully build networks and partnerships. Others perceive you as open, collaborative, and trustworthy. 

What we offer
This is a unique opportunity to be part of an industrial company with global ambitions in the fast-growing renewables business. Commencement will be as soon as possible and you will join a hard-working and fun-loving team, triggered by doing their best in an international and dynamic work environment. You’ll have room to shape your own role and really make your mark on our way forward.

Apply by:  Friday 26 September, 2021

Hydro REIN offers renewable energy solutions for cleaner and more sustainable industries. 


Our goal is to help our industrial clients take part in the energy transition. We facilitate access to affordable renewable power, which we will source from our own portfolio of hydro, solar and wind projects in Brazil and the Nordics. We also provide industrial scale energy solutions to improve energy efficiency, reduce emissions and cut costs inside the fence. Founded on Hydro’s more than 100 years of energy experience, our business model is based on agility and the ability to provide the right solutions and services at the right cost. 

Hydro REIN is now looking to further strengthen our investment team with a Senior Investment Manager and an Investment Manager to contribute in developing the renewable investment portfolio in Hydro REIN. 

We offer

  • An international, dynamic and ambitious “start-up” working environment with the necessary support and financial back-up to succeed
  • An excellent opportunity to make sustainable investments with a positive impact on society and the environment

Main responsibilities
You will join a lean and dynamic investment team which is responsible for structuring bankable renewable projects that provide risk adjusted returns within REINs target range. 

Main deliveries will include;

  • Review and screen new investment opportunities
  • Participate in projects and ensure progress towards decision gates, including final investment decision
  • Coordinate due diligence
  • Project planning 
  • Project structuring including project finance 
  • Negotiate with external stakeholders
  • Investment analysis including financial modelling and overall responsibility for business case
  • Prepare decision making material for internal stakeholders
  • Contribute to/drive the strategy process in Hydro REIN
  • Other financial and strategy related tasks, such as internal management reporting, project benchmarking, analysis of market, resources and levelized cost of energy (LCOE)

Who are you?

  • We are looking for candidates with a background from corporate finance, management consulting, private equity
  • You understand the energy industry dynamics irrespective of the angle, e.g. project development, project finance, transmission networks, power purchase and sourcing, renewable power technology, power markets, etc.
  • You have strong quantitative skills, an analytical mindset and experience in building business cases
  • You combine an entrepreneurial spirit and "can do" attitude with excellent academic records from a reputable institution, typically in business, finance, law or engineering
  • You thrive in value-driven, result-oriented and collaborative settings
  • The Investment Manager will typically have up to five years’ work experience from relevant fields, while we look for candidates with up to 10 years’ experience for the Senior Investment Manager role
  • Very strong skills in Microsoft Office, particularly Excel and PowerPoint
  • Strong communicator, both written and verbal English


Apply before: 09/19/2021

Hydro REIN offers renewable energy solutions for more sustainable industries.


Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

Hydro REIN invests in large renewable projects: we have a significant portfolio in Brazil & the Nordics, with strong near-term growth potential.

Projects are developed in partnership with experienced developers and EPC providers.

To strengthen our Projects team in Hydro REIN we are looking for a Senior Project Manager with wind expertise, to manage the Nordics projects. You will report to the Head of Project Development and Execution, and work closely with the whole Hydro REIN team in Nordics and Brazil, as well as the Projects and technical experts in the rest of the Hydro organization. 

The position will involve extensive travel across the Nordics and can be based anywhere in the region (liaising with the headquarters in Oslo).

What we offer

  • An opportunity to take a leading role in defining the project delivery framework and building the Projects organization, framework and team
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed 

Main responsibilities
You will be the overall responsible for all aspects of the projects’ performance; including management of the contracts, cost, schedule, technical deliverables and interfaces with project stakeholders, as well as HSE and quality. 

Main activities include:

  • Advise during the development phase: ensure that investment decisions are made based on sound assessments of the risks and technical solutions
  • Manage structuring phase of projects: form and coordinate the project team, review the engineering and procurement strategies, prepare for execution
  • Manage, monitor and report on delivery phase: responsible for performance according to specifications, cost and schedule, through effective management of contractors and partners. Ensure high standards for HSE, Quality, Environmental and CSR. 
  • Prepare successful transition to operating phase. 

Who are you?
First of all we believe that the right candidate is motivated by the challenges and opportunities of joining a start-up. You must deal with the fact that resources are scarce and not all processes are in place and see this as an opportunity to build the organization.

To succeed, you must be independent, assertive and organized, with a high level of energy and motivation. Good relationship building and strong team building and leadership skills are required. The right candidate should be able to communicate and report on complex issues in a clear and action-oriented way. Other desirable traits are integrity, analytical thinking and strong negotiation skills. 

Desired qualifications 

  • Higher education, preferably Master’s degree in Engineering (e.g. Electrical, Civil, Mechanical)
  • Minimum 10-15 years of relevant work experience focused on large scale wind projects, e.g. project development and management, engineering management, technical consultancy
  • Fluent in written and verbal English and one Scandinavian language
  • Ability to work extended hours and travel extensively 


Apply before: 09/19/2021

Hydro REIN offers renewable energy solutions for more sustainable industries. 

Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

To strengthen our Finance team in Hydro REIN we are looking for a Head of Financial Performance & Analysis. You will report to the Finance Director, and work closely with the rest of the Finance team as well as the wider organisation. 

What we offer

  • Opportunity to take a leading role in defining the investment framework and driving financial analysis and performance follow-up in a new company
  • A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed
  • Be a part of the business for the future and join us for an exciting journey

Main responsibilities

  • Together with your team your primary targets are to help REIN make good business decisions based on quality financial analysis and recommendations. Main tasks:
  • Develop and maintain the investment policy and framework
  • Act as investment controller and ensure solid financial control environment for projects, including sufficient level of financial due diligence
  • Lead small team of pro-active analyst
  • Develop and maintain monthly management reporting and performance follow-up, including defining relevant KPIs
  • Drive financial forecast and budget processes, including capex and cash flow forecasts
  • Contribute towards investor relations activities
  • Lead other ad-hoc financial analysis and modelling 

Who are you?
First of all we believe that the right candidate is motivated by responsibility, change and the opportunity to make a difference. You must deal with the fact that not all processes are in place and see this as an opportunity for improvement.

To succeed strong quantitative and analytical skills are needed, in combination with strong communication and interpersonal skills. The right candidate should be able to communicate complex issues in a clear and understandable way.  Other desirable traits are integrity, entrepreneurial spirit, value-driven and high focus on collaboration. 

Desired Qualifications 

  • Higher education, preferably a degree in business administration, finance, economics, engineering or similar
  • Minimum 7 years of relevant work experience, e.g.  investment management, controlling, business development, corporate finance/M&A, or other similar role. Experience from the power/renewables industry a plus
  • Experience from modelling and financial analysis
  • Fluent in written and oral English
  • Advanced skills in Microsoft office, Excel and PowerPoint in particular

Apply before: 09/07/2021

Hydro REIN offers renewable energy solutions for more sustainable industries. 

Our goal is to help industrial clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. Hydro REIN’s business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy & industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

To strengthen our Finance team in Hydro REIN we are looking for a Head of Accounting & Controlling. You will report to the Finance Director, and work closely with the rest of the Finance team as well as the wider organisation. 

What we offer

  • Opportunity to take a leading role in building the financial reporting and control environment in a new company
  •  A new position giving the right candidate the opportunity to shape the role and grow your career through professional and personal development  
  • An international and dynamic work environment in an ambitious “start-up” environment with the necessary support and financial back-up to succeed
  • Be a part of the business for the future and join us for an exciting journey

Main responsibilities

  • You will be responsible for establishing and maintaining Hydro REIN’s financial reporting processes, systems and policies. Main tasks:
  • Lead financial reporting processes for the company, both for statutory and internal purposes 
  • Oversee the activities of outsourced accounting services
  • Financial system owner, incl. consolidation and reporting tools and responsible for ensuring an adequate system portfolio
  • Responsible for internal controls planning and follow up, as well as internal audits
  • Contribute to forecasting, performance and deviation analysis
  • Main contact point for external auditors 
  • Secretary for Board Audit Committee (BAC) and responsible for preparation of documentation for BAC

Who are you?
We believe that the right candidate is motivated by creating “fit for purpose” financial reporting and control processes with the use of the right systems and digital solutions, but for continuous motivation you must also thrive from process ownership and development.  
To succeed in the role strong accounting skills and solid system understanding is needed, in combination with strong communication and interpersonal skills. The right candidate should be able to communicate complex issues in a clear and understandable way.  Other desirable traits are integrity, entrepreneurial spirit, value-driven, high focus on collaboration and eye for details. 
 
Qualification criteria 

  • Higher education, preferably a degree in business administration, professional accounting or similar. Master in Accounting and Audit (“MRR”) is a strong advantage
  • Minimum 7 year’s experience within accounting and / or controlling, international financial consolidation, financial reporting, tax, and the use of financial systems
  • Strong IFRS competence and experience
  • Experience from stock listed company and good understanding of relevant rules and requirements for listed companies 
  • Fluent in written and oral English
  • Experience from the power/renewables industry is a plus

Apply before: 09/07/2021

Learn more about our new business below. 

Hydro REIN

Hydro REIN offers renewable energy solutions for more sustainable industries.

Our goal is to help our clients succeed with the energy transition. We facilitate access to affordable renewable power, sourced from our portfolio of hydro, solar and wind projects in Brazil and the Nordics. We also provide industrial scale solutions to improve energy efficiency, reduce emissions and cut costs.

The transition from fossil to renewable-based energy systems plays an important role in tackling climate change. We have the legacy and capabilities to help industries getting access to affordable, cleaner energy in a responsible and sustainable way, helping them optimize their power consumption and reduce their footprint" Olivier Girardot, Head of Hydro REIN

Our business model is based on agility and the ability to leverage Hydro’s 100+ years of renewable energy and industrial development. Our diverse team has the expertise and the resolve to develop projects, services and solutions that make a difference for our clients and the societies they are part of.

We are building a highly skilled team that puts values first. Our team cultivates inclusion, innovation and different approaches to problem solving. We share an entrepreneurial spirit, uncompromising integrity, and a “can do” attitude.

Batteries

Hydro is establishing a Batteries business unit to develop our position in the fast-growing battery sector.

Battery

The Battery business unit will actively develop current assets and projects in the battery sector and explore new opportunities for Hydro in the battery value chain. Our energy team has engaged in several ventures within battery and energy storage in recent years. Our minority share in the global leader within marine batteries, Corvus Energy, has been a success so far with establishment of automated manufacturing in Bergen. We have also taken a small share in the Swedish integrated battery start-up Northvolt, and our battery recycling joint venture Hydro Volt was recently announced.  

The battery sector is expected to grow very fast globally and in Europe, mainly on the back of the ongoing automotive industry transformation from fossil fuel to electrical vehicles. There is a demand for a European sustainable battery value chain, and Hydro and Norway is well placed to take significant positions in this sector. The next steps to realize this potential are to establish a dedicated team that will systematically build competence through hiring of experts, and actively develop and expand Hydro’s battery footprint.  

We aim to explore new growth in areas where our capabilities match the global megatrends, says Hilde Merete Aasheim, CEO & President.

Renewable hydrogen 

Hydro sees a substantial potential for industrial hydrogen consumption which will help reduce CO2 emissions. We are establishing a separate hydrogen company to take a leading role as a developer and operator in the hydrogen sector, switching from gas to hydrogen at several of our own sites as well as developing and serving the external market. Our hydrogen will be produced using renewable energy sources including hydro, solar and wind, and will bring green energy to industries and sectors that have historically been hard to decarbonize.

Energy

With more than 100 years of experience in hydropower, Hydro is one of the top three largest operators of power production in Norway.

Satisfied Hydro Energy Employee

We have substantial, self-generated power capacity to support our production of primary metal and are engaged in several initiatives to secure competitive power supplies for our aluminium operations.

Hydro Energy’s unit plays a vital role in this and consists of a highly competent cross-disciplinary team.

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