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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Infrastructure

Government to fast-track delivery of UK's first two new reservoirs in 30 years

Government to fast-track delivery of UK's first two new reservoirs in 30 years

Proposed new reservoirs in Lincolnshire and East Anglia declared 'Nationally Significant Infrastructure Projects', in a move from Defra to try and speed up the planning approval process

clock 28 May 2025 • 3 min read
Mine water scheme provides heat to Welsh industrial site

Mine water scheme provides heat to Welsh industrial site

Untapped heat from Welsh mine water treatment scheme to provide low-carbon heat for neighbouring business

Stuart Stone
clock 28 May 2025 • 4 min read
Plans unveiled for £170m building insulation factory in North Wales

Plans unveiled for £170m building insulation factory in North Wales

Government welcomes plans from Knauf Insulation for factory capable of producing more than 100,000 tonnes of rock mineral wool insulation each year

Michael Holder
clock 20 May 2025 • 2 min read