Lotus Infrastructure Partners, formerly known as Starwood Energy, has launched NeuVentus, a newly established platform focused on developing and delivering hydrogen pipeline transportation and salt cavern hydrogen-storage projects in North America.
NeuVentus’ initial projects will be located in the Texas Gulf Coast region, which has abundant renewable-energy production and hydrogen demand to support the growth of a clean hydrogen-infrastructure platform. Once developed, NeuVentus' projects will provide fee-for-service transportation and storage services for clean hydrogen, which will be a key component for the broader adoption of hydrogen as an energy carrier and fuel. In addition to clean hydrogen and its derivatives such as ammonia and methanol, NeuVentus will have the ability to provide transportation and storage services to adjacent industries, such as industrial gases.
“We are excited to announce the launch of NeuVentus,” said Himanshu Saxena, chairman and C