Syntholene selects Dynelectro for Iceland e-fuel demo

Executive Summary

• Syntholene Energy Corp. has selected Dynelectro ApS (Denmark) as the electrolyzer technology vendor for its planned synthetic fuel demonstration facility in Iceland.
• The selection follows a rigorous two-year technical and commercial evaluation process, marking a key milestone in advancing engineering and procurement for the company's first demonstration-scale facility.
• The partnership aims to validate an integrated approach to producing low-cost hydrogen as a feedstock for sustainable aviation fuel (eSAF), leveraging Dynelectro’s high-efficiency electrolyzer platform and Syntholene’s proprietary hybrid thermal production system.

Key Details

• Vendor Selected: Dynelectro ApS, developer of a high-performance hydrogen production platform described as the "world's most efficient electrolyzer."
• Technology Focus: Dynelectro’s platform utilizes Solid Oxide Electrolysis Cell (SOEC) technology, emphasizing reduced balance-of-plant complexity, high current density operation, and modular deployment.
• Performance Metrics: The integrated system with Syntholene’s proprietary hybrid thermal production system is expected to convert up to 90% of supplied renewable electrical energy into clean hydrogen.
• Facility Location: Iceland.
• Purpose: To validate the company's integrated approach to producing low-cost hydrogen for eSAF and other e-fuels, focusing on scalability, energy efficiency, and long-term cost competitiveness with fossil fuels.
• Evaluation Process: The vendor selection resulted from a two-year technical and commercial evaluation across all major vendors, prioritizing efficiency, reliability, and long-term scalability.
• Energy Infrastructure: Syntholene has secured 20 megawatts of dedicated energy to support the upcoming demonstration facility and commercial scale-up.
• Strategic Goal: To move from demonstration toward multimegawatt commercial deployment, targeting ultrapure synthetic jet fuel manufactured at 70% lower cost than the nearest competing technology.

Notable Quotes

• Sune Lilbaek, CEO, Dynelectro ApS: "Syntholene's eSAF production plans are a perfect match for Dynelectro's electrolyzer solution... Together, we expect to be deploying the most cost-effective, energy-efficient solution for production of sustainable aviation fuel on the market today."
• Dan Sutton, CEO, Syntholene Energy Corp.: "The selection of Dynelectro is the result of a rigorous two-year technical and commercial evaluation process... Partnering with a technology provider that prioritizes energy efficiency and industrial robustness is critical as we move from demonstration toward multimegawatt commercial deployment."