Essar launches $3.6bn hydrogen and ammonia-focused Energy Transition venture

James Murray
clock • 3 min read
A hydrogen furnace arrives at Essar's site in Stanlow / Credit: Essar Group
Image:

A hydrogen furnace arrives at Essar's site in Stanlow / Credit: Essar Group

Carbon intensive conglomerate announces creation of Essar Energy Transition and unveils plans to invest $2.4bn in UK low carbon infrastructure projects

Indian industrial conglomerate Essar Group has today become the latest carbon intensive firm to ramp up its clean tech investment plans, announcing the formation of a dedicated unit to deliver new hydrogen,...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

RIIO-T3: Will Ofgem green light 'crucial' £68bn grid investment plan

RIIO-T3: Will Ofgem green light 'crucial' £68bn grid investment plan

National Grid and ScottishPower join SSE in submitting new grid investment plans, but will the watchdog sign off on 'mission critical' upgrades?

James Murray
clock 18 December 2024 • 8 min read
'Mission-critical': SSEN Transmission unveils £22bn grid investment plan

'Mission-critical': SSEN Transmission unveils £22bn grid investment plan

SSE subsidiary submits plans to Ofgem proposing £22bn of investment in support of net zero goals through to 2031

James Murray
clock 11 December 2024 • 3 min read
BloombergNEF: Global lithium-ion battery prices hit record low in 2024

BloombergNEF: Global lithium-ion battery prices hit record low in 2024

Global average battery pack prices estimated to see 20 per cent drop this year driven by factors affecting raw material costs, manufacturing capacity, and EV sales

Michael Holder
clock 10 December 2024 • 4 min read