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FREYR Battery awarded €100M EU Innovation Fund grant

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FREYR Battery has been awarded a €100-million grant from the European Union to support development of FREYR’s Giga Arctic project in Norway. The grant will be funded through the EU’s Innovation Fund (EUIF) as part of the EU’s efforts to promote localized production of battery solutions.

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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. The EU is investing more than €1.8 Background.

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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.

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Wärtsilä Power-to-X project gets €1M in government support

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The technology group Wärtsilä has been granted €1 million in funding by Business Finland, a state-run public agency for funding important research projects, to support research in the field of Power-to-X (P2X) technology.

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Wärtsilä to begin long-term, full-scale testing of ammonia as marine fuel in four-stroke engine

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million) grant from the Norwegian Research Council through the DEMO 2000 program. Know-how from this project will also provide important input to the development of regulations for the use of ammonia and other low-carbon fuels. Earlier post.) The testing is made possible by a NOK 20-million (US$2.1

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Forest BtL Oy licenses Carbo-V gasification technology from Linde for wood-to-liquids plant

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Finland-based Forest BtL Oy has licensed Carbo-V biomass gasification technology from Linde Engineering Dresden GmbH. The Carbo-V technology will be implemented in a new Biomass–to-Liquid (BtL) plant in Kemi, Northern Finland. The project will be funded by the European Union’s NER300 program for innovative, low-carbon technologies.

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Terrafame to invest €240M in EV battery materials plant; nickel and cobalt sulfates; commercial production in 2021

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The plant, which will produce chemicals used in electric vehicle batteries (EVB), will be located at the company’s current industrial site in Sotkamo, Finland. Our production technology enables low carbon footprint of nickel and cobalt sulfates needed for electric vehicle batteries. —Janne Palosaari, Chief Commercial Officer.