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Green NortH2 Energy receives €2.3M in R&D funding from Business Finland for the development of green hydrogen and ammonia production

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Business Finland has awarded €2.3 million in R&D funding to Elomatic Oy’s project development company Green NortH2 Energy. With the loan, the Finland-based company is developing a green hydrogen and ammonia production concept. At the end of 2021, Flexens Oy Ab joined as the company’s owner.

Finland 259
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Valmet Automotive starts series production at Kirchardt battery plant

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The current first program for the Kirchardt plant is a small-series production of modules, packs and the battery management system (BMS) for the PHEV version of an exclusive sports car brand. The battery production facility in Uusikaupunki, which opened in September 2021, is located under one roof with the local car plant.

Battery 273
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Finnish Minerals Group and Epsilon Advanced Materials sign MoU on anode materials project

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Epsilon Advanced Materials, a wholly-owned subsidiary of Epsilon Carbon Private Limited, and Finnish Minerals Group have agreed to set up a framework for assessing the possibilities of establishing an anode material production plant in Vaasa, Finland. billion (€96 billion) by 2029, at a CAGR of 45.8% during the forecast period 2022–2029.

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European Batteries Oy Launches Li-ion Battery Plant in Finland

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Finland-based European Batteries Oy held the grand opening of its new lithium-ion battery plant which manufactures large format prismatic 42 Ah, 3.2V The annual production capacity is 100 MWh—enough for 3.000 full-electric cars, the company says. LiFePO 4 (LFP) cells, modules, packs and systems earlier this month.

Finland 186
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Neste to acquire Mahoney Environmental to strengthen its growth strategy and position in renewable raw material sourcing

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The transaction supports Neste in its effort to build a global waste and residue raw material platform that can keep pace with the world’s growing demand for renewable products. The company pretreats the leftover oil, creating a reliable sustainable component that can be turned into renewable products. Neste has announced a $1.54-billion

Renewable 243
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Northern Lights Energy and Reva Electric Car Company Sign Agreement to Develop the Electric Vehicle Market in Iceland

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Northern Lights Energy ( NLE ), the initiator of the 2012 charging infrastructure project and provider of infrastructure and services for electric vehicles (EV) based in Iceland, has signed an agreement with Reva Electric Car Company to jointly develop the electric vehicle market in Iceland. Earlier post.)

REVA 284
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Renault Group to partner with Terrafame for sustainable nickel supply

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Renault Group and Finland-based metals producer Terrafame have signed a Memorandum of Understanding (MoU) for the future supply of nickel sulfate. Renault Group is building an electric ecosystem in Northern France known as Renault ElectriCity.

Supplies 243