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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 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. If an investment decision is made, green hydrogen production could start in 2026.

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

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The technological breakthrough within the HYBRIT ( earlier post ) initiative cuts about 90% of the emissions in connection with steel production and is a decisive step on the road to fossil-free steel. The production has taken place continuously and with good quality. The potential cannot be underestimated.

Hydrogen 468
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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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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. capture and liquefaction at a cement plant to storage in offshore sites.

Clean 334
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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. SHARC will also scale the production of green hydrogen to help make it a viable transportation fuel itself.

Hydrogen 186
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VTT and Neste to build integrated Power-to-Liquids demo facility; CO2 capture, green hydrogen and e-fuels production

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E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines. The end product is a transportation fuel suited for aircraft, ships as well as heavy and light road vehicles.

Building 186