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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 first call for large-scale projects awarded grants of €1.1

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Wärtsilä joins €7.9M project to develop clean marine and off-road transport solutions; RCCI in medium-speed engine

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The project is expected to run until spring 2023, and has been granted funding of €7.9 million by Business Finland, the Finnish Government’s organization for innovation funding and trade, travel and investment promotion. The development of machine learning control technology for greater accuracy in engine automation and control.

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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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Construction to start on Keliber’s lithium refinery; €588M investment in full project

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Finland-based Keliber’s long-planned lithium project is progressing into the construction phase, as preparatory work on the lot of the lithium hydroxide refinery will be kicked off before Christmas. Construction of the concentrator and the near-by Rapasaari mine will be started once their environmental permits have been granted.

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UPM to build biorefinery to produce biofuels from crude tall oil

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Finland-based UPM, one of the world’s leading forest products groups, will build a hydrotreatment biorefinery producing biofuels from crude tall oil in Lappeenranta, Finland. A significant part of the raw material comes from UPM’s own pulp mills in Finland. UPM has not applied for a public investment grant for the project.

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UPM Lappeenranta Biorefinery begins commercial production of wood-based renewable diesel

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The first wood-based renewable diesel biorefinery has started commercial production in Lappeenranta, Finland. A big portion of the raw material comes from UPM’s own pulp mills in Finland. UPM BioVerno renewable diesel reduces greenhouse gas emissions by as much as 80% compared to traditional diesel. Earlier post.).

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