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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

Gas 259
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Neste providing companies in Finland a service for monitoring transport fuel emissions

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Neste is the first company in Finland to provide a service for companies and other organizations to monitor their climate emissions caused by the use of transport fuels. Road transport accounts for more than 90% of the total transport emissions in Finland. —Heidi Peltonen.

Finland 186
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KIT team produces synthetic natural gas from waste wood; used in natural gas vehicles

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Researchers from the Karlsruhe Institute of Technology (KIT) have successfully produced renewable methane from a biomass-based synthesis gas mixture in their pilot plant for methanation using a new honeycomb catalyst. Biogas facilities produce renewable gas mainly by fermenting biological waste. Honeycomb catalyst.

Kits 262
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Orion Engineered Carbons joins HiQ-CARB consortium; scaling up conductive acetylene black for Li-ion cathodes

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Orion Engineered Carbons S.A., a global supplier of specialty and high-performance carbon black, has joined the HiQ-CARB consortium to provide the lithium-ion battery industry with sustainable and high-performance carbon additives. Acetylene black is carbon black derived from acetylene gas.

Li-ion 170
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Neste moves forward with renewable hydrogen project in Porvoo refinery

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In accordance with its ambition to reach carbon-neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable (i.e. green) hydrogen at its Porvoo refinery in Finland. In December 2022, Business Finland awarded Neste €27.7

Hydrogen 199
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HYBRIT produces hydrogen-reduced sponge iron on pilot scale

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The pilot plant has a direct reduction shaft, where the reduction takes place, and a number of electrolyzers for the production of hydrogen using fossil-free electricity. In a traditional process, this is done using carbon or coke, while in the HYBRIT process the reduction is done using fossil-free hydrogen.

Hydrogen 468
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Neste to receive €88M from EU toward green hydrogen and carbon capture & storage at Porvoo; SHARC

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The EU Innovation Fund will award a grant of €88 million to Neste’s green hydrogen and CO 2 capture & storage project, which aims to reduce greenhouse gas emissions at the Porvoo refinery in Finland. The project has a significant role in Neste’s target of carbon neutral production by 2035. BECCS@STHLM, led by Stockholm Exergi.

Hydrogen 186