Advario, a Dutch-based renewable energy company, has announced plans to develop a cutting-edge energy storage terminal in the Port of Rotterdam.
Advario signed a sales and purchase agreement with Aluminium & Chemie B.V. (Aluchemie), which will see its acquire Aluchemie’s land lease.
Establishing a presence in the Port of Rotterdam, at the heart of the Botlek area, Advario looks to develop the storage terminal for the energy products of the future, together with its partners.
The new site in Rotterdam provides Advario with the opportunity to develop, build, innovate and operate the storage infrastructure its customers and partners need to successfully transition to cleaner energy, according to the Port of Rotterdam.
The 26-hectare Aluchemie site is located at the centre of the Botlek, providing proximity to the existing hydrogen and carbon dioxide pipeline networks, while its waterfront on the third Petroleumhaven gives quick access to Rotterdam’s main waterways.
Aluchemie will prepare the site for handover by demolishing all structures above and underground, and by remediating the soil.
The target date for completion is 31 December 2025, after which Advario can start construction at the site.
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“The site’s strategic location, ample size, and waterfront access offer us an excellent opportunity to enter one of the leading energy and chemical hubs in Europe,” said Bas Verkooijen, Advario CEO.
Allard Castelein, CEO Port of Rotterdam, further commented: “We expect that Advario’s activities will facilitate the transition of the Rotterdam port and industrial complex to become net zero by 2050.”
This announcement comes on the same week that German energy provider, Onyx Power, announced its plans to build a hydrogen production plant at its existing site in the Port of Rotterdam to produce low carbon blue hydrogen.
Additionally, in March 2023, APM Terminals (APMT) announced an expansion project of its Maasvlakte II terminal in Rotterdam, worth over €1 billion ($1.1 billion).