Tag: Green Steel
Leadership Shift Signals Financing Focus Stegra has appointed Markus Holm as chief financial officer as the hydrogen based steelmaker works to secure fresh capital to complete its flagship plant in...
• Meta to purchase verified environmental attribute credits (EACs) tied to Electra’s low-carbon iron production• Breakthrough Energy Catalyst, backed by Bill Gates, invests US$50 million to fund Electra’s new demonstration...
• €1.7 billion financing secured for one of Europe’s largest steel decarbonization projects• Backed by Germany’s federal and Saarland governments under a €2.6 billion transformation program• Project aims to cut...
Electra, the clean iron startup aiming to decarbonize steelmaking, has raised $186 million in Series B funding. The round, co-led by Capricorn Investment Group and Temasek Holdings, pushes the company’s...
Switching to green steel could drastically cut the climate impact of car production with minimal cost implications, according to Transport & Environment (T&E). Their analysis highlights that using 40% green...
Octopus Energy’s generation arm and Salzgitter Group, one of Germany’s leading steel and technology groups, are joining forces to radically decarbonise steel production in Germany using the power of the...
Purmo Group, a leader in sustainable indoor climate comfort solutions, has entered into a binding agreement with H2 Green Steel, for the delivery of 140,000 tonnes of green steel during...
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Cargill has entered into a multi-year agreement with Swedish industrial startup H2 Green Steel for the supply of green steel. The agreement aims to accelerate global ferrous supply chain decarbonization....
Mercedes-Benz signed a supply agreement with Swedish start-up H2 Green Steel over approximately 50,000 tonnes almost CO₂-free steel per year for its European press shops and deepened its partnership through...
Germany is planning to make around 2 billion euros ($2.1 billion) available to help fund a green steel plant that Thyssenkrupp aims to build at its base in Duisburg, one of...
thyssenkrupp nucera partners with H2 Green Steel in constructing the first large-scale green steel plant in Europe. The standardized 20 MW electrolysis modules “scalum” from the supplier of world-leading electrolysis...
Boston Metal, a company developing technology to fully decarbonize steel production, announced the $120 million first close of Series C fundraising led by multinational steel company, ArcelorMittal S.A.. Microsoft’s Climate...
Japan’s Nippon Steel Corp plans to start making low-carbon raw materials, such as “reduced iron” produced using hydrogen, to meet growing demand for so-called green steel, it said on Thursday. Steel...
Jindal Shadeed Group will invest more than $3 billion to set up a green steel plant in Oman that will produce high-strength automotive products for customers in the Middle East, Europe...
Tata Steel Nederland has signed a memorandum of understanding with Ford in Europe to supply the carmaker with Zeremis green steel once the IJmuiden steelworks switches to green hydrogen-based steelmaking. ...
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