CIP to build Europe's largest PtX plant in Denmark
Heavyweights within shipping and agriculture are prepared to handle the production of up to 900,000 tonnes of green ammonia per year at facility potentially ready in five years. The approximately EUR 1bn investment will be made through a new fund.
Recent years have seen crashing rotor blades, cracked foundations, and burning nacelles on a handful of turbines in the birthplace of offshore wind. Problems notwithstanding, the Danish utility’s CEO is convinced that such issues will not undermine confidence in technology.
Making the steel industry sustainable faces several major challenges; firstly the need to add staggering volumes of renewable capacity, and secondly, legislative reform, says lobby Hydrogen Europe in a report.
Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.