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Norwegian startup Blastr plans €4B green steel plant in Finland

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Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland.

Finland 437
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Neste to offer public electric vehicles charging service at its stations in Finland

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Neste is introducing public high power charging (HPC) at its service stations in Finland for light- and medium-duty electric vehicles. Neste MY Renewable Charging adds another option to Neste’s portfolio of solutions in Finland for supporting the transition to low-emission transport.

Finland 344
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Business Finland awards Keliber €7M to improve environmental protection in lithium hydroxide production

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Business Finland has granted Keliber Technology Oy, a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide utilizing its own ore, investment funding of a maximum of €7 million. The project is part of the Smart Mobility and Batteries from Finland programme.

Finland 321
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Business Finland awards €27.7M to Neste for Porvoo refinery green hydrogen projects

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Business Finland awarded Neste with a public funding of €27.7 million for green hydrogen projects at Neste’s refinery in Porvoo, Finland, aiming to develop solutions for renewable hydrogen production. In Finland, the EU application process has been coordinated by the Ministry of Economic Affairs and Employment and Business Finland.

Finland 210
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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.

Finland 186
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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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Velodyne Lidar acquires AI software company Bluecity

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Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity’s executive, software development and sales teams will join Velodyne.

San Jose 369