Four Zeros Energy and Norway-based Vergia have joined forces to develop and finance a portfolio of green hydrogen and derivative projects across the UK. Their partnership’s first initiative is the St Austell Green Hydrogen project in Cornwall, which was shortlisted in April 2025 as part of the UK Government’s second Hydrogen Allocation Round (HAR2).

Phase One of the project will feature a 20 MW electrolyser designed to produce approximately 2,000 tonnes of green hydrogen per year, replacing natural gas used in local mining and mineral extraction operations around St Austell.

Vergia will provide equity financing to support development, while Four Zeros is responsible for project delivery and engaging stakeholders. A final investment decision is expected in 2026, with construction set to begin that year and commissioning scheduled for early 2028.

This collaboration underscores growing momentum behind the UK’s green hydrogen ambitions, targeting up to 10 GW of new electrolysis capacity, and signals strong support for decarbonising energy-intensive industrial sectors.