Author: Arnes Biogradlija

Tata Steel, the top emitter of CO2 in the Netherlands, is investing millions on a prospective hydrogen-powered steel facility. The factory stated last year, in response to criticism from lawmakers and environmental groups, that it would accelerate its shift to sustainable energy. Now, as an initial step, it is investing €65 million in the factory’s design. The new factory would process iron ore with hydrogen or natural gas to produce “direct reduced iron.” The corporation expects to shut down its two coal facilities by 2037 and open the greener plant by then. Concerning pollution and greenhouse gas emissions, the IJmuiden…

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Mitsui invests 70 million Norwegian Krone in Norwegian Hydrogen. Mitsui becomes the second-largest shareholder in the company, with a 15 percent stake, through the private placement. Norwegian Hydrogen will develop, construct, and operate green hydrogen production facilities and infrastructure. “The investment from Mitsui is an important milestone for Norwegian Hydrogen. To have a reputable multinational company as an owner is a confirmation of our business model. At the same time, the private placement enables further development of our company and projects,” said CEO of Norwegian Hydrogen, Jens Berge. Within the next several months, the company intends to implement a number…

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