H2 Green Steel Initiative Aims to Produce 5 Million Tons of CO2-Free Steel

H2 Green Steel (“H2GS”) will be a large-scale steel producer based on a fossil-free manufacturing process targeting large European OEMs. H2GS will be located in the Boden-Luleå region in northern Sweden that offers unique conditions for fossil-free steel production. The project includes a giga-scale green hydrogen plant as an integrated part of the steel production facility. Production will begin in 2024 and by 2030, H2GS will have annual production capacity of 5 million tons of high-quality steel. Henrik Henriksson, currently CEO of Scania, will lead the company.

Gigascale green hydrogen plant planned for northern Sweden

A gigascale green hydrogen plant will be built in northern Sweden as part of €2.5bn plans unveiled today (23rd Feb) to produce fossil-free steel at a leading cost position by 2024.

H2 Green Steel, behind the plans, expects to have an annual production capacity of five million tons of high-quality steel by 2030, produced by a fossil-free manufacturing process targeting large European OEMs.

Nikola Details North American Fuel-Cell Vehicle Program

 Nikola Corporation (NASDAQ: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, announced today details about its North American hydrogen fuel-cell electric vehicle (FCEV) commercial truck program.

Following the launch of North American production of the Tre battery-electric vehicle (BEV), Nikola plans to introduce a FCEV variant of the Nikola Tre Cabover, and the long-range Nikola Two FCEV Sleeper targeting best-in-class efficiency for ranges between 300-900 miles in the North American market.

EDP REFORÇA DA LIDERANÇA NA TRANSIÇÃO ENERGÉTICA COM DUAS NOVAS UNIDADES DE NEGÓCIO

A EDP anunciou esta sexta-feira a criação de duas novas unidades de negócio que visam contribuir para o reforço da liderança da empresa na transição energética, refere a edição digital da revista Executive Digest. Uma das unidades chama-se “H2 Business Unit (H2B)” e será dirigida para o desenvolvimento de projetos de hidrogénio verde. A outra unidade será “dedicada ao armazenamento no seio da EDPR NA” com o objetivo de “atingir uma capacidade de 1 GW em cinco anos”, acrescenta a publicação.

South Africa to build and sell hydrogen fuel technology

After over a decade of research and development around hydrogen fuel technology, president Cyril Ramaphosa says South Africa is now ready to manufacture and commercialise hydrogen fuels technology.