Remove Finland Remove Gas Remove Grant Remove Hydrogen
article thumbnail

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

Green Car Congress

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. residue streams, renewable hydrogen and biogas to methanol.

Clean 334
article thumbnail

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

Green Car Congress

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
article thumbnail

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

Green Car Congress

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.

Power 365
article thumbnail

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

Green Car Congress

million) grant from the Norwegian Research Council through the DEMO 2000 program. This DEMO 2000 project is another stepping stone for reaching our ambitious climate targets and it is also aligned with our recently published hydrogen strategy. The testing is made possible by a NOK 20-million (US$2.1

Mariner 207
article thumbnail

OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The retail segment will be resilient but increasingly shift from fuel to e-vehicle charging, hydrogen, and convenience.

Oil 465
article thumbnail

EU NELLI project delivers new generation solid-oxide fuel cell; efficient and lower cost

Green Car Congress

Solid oxide fuel cells (SOFC) produce the highest efficiencies of any electrical generation, above combustion engines, gas turbines or other fuel cells. In an SOFC electrolysis system, fuel cells convert excess power from renewable generation to turn water into hydrogen, addressing intermittency and storage issues for wind and solar.

Fuel 186