Neste Corporation, a leader in renewable fuels, has decided not to proceed with its planned investment in a 120 MW electrolyzer for renewable hydrogen production at its Porvoo refinery in Finland.
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Renewable hydrogen, harnessed through green electricity and coupled with carbon capture and utilization (CCU), has emerged as a weapon in the global fight against climate change.
Ministry of Economic Affairs and Employment in Finland has allocated an energy investment aid of EUR 1.96 million to Neste. The funding is earmarked for the implementation of a visionary green hydrogen production project at the Porvoo refinery.
thyssenkrupp nucera and Neste are collaborating on a project to incorporate a 120 megawatt (MW) water electrolyzer into Neste’s Porvoo refinery in Finland.
In order to develop strategies for producing renewable hydrogen, Business Finland has given Neste a public financial award of EUR 27.7 million for green hydrogen projects at Neste’s refinery in Porvoo, Finland.
Neste, a Finnish oil refining firm, has begun a strategic study to convert its refinery in Porvoo, Finland, to a…
Neste is the first Finnish company to receive IPCEI (Important Project of Common European Interest) classification from the European Commission,…
Power-to-Liquids technologies are on the verge of widespread commercialization. E-fuels provide a means to increase the pool of carbon-neutral transport…
Following the recently reported favorable EU Innovation Fund grant decision of EUR 88 million for Neste’s clean hydrogen project at the Porvoo refinery in Finland, Neste has completed the grant agreement procedure with CINEA and the European Commission.
Neste has entered the execution phase of the MultiPLHY collaboration with its partners. The MultiPLHY project seeks to develop, integrate,…
