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

Why has NESO stripped batteries from many UK solar and wind projects in the grid queue?

Why has NESO stripped batteries from many UK solar and wind projects in the grid queue?

Pairing solar and wind farms with grid-scale battery storage can help protect against future energy price shocks - removing batteries from hybrid projects is a therefore strategic mistake, queries Low Carbon's CEO Roy Bedlow

Roy Bedlow, Low Carbon
clock 01 May 2026 • 3 min read
Electricity projects totalling 221GW removed from Britain's grid connection queue

Electricity projects totalling 221GW removed from Britain's grid connection queue

Changes designed to unclog bottlenecks in the long queue for securing a grid connection in Britain have 'created a clearer and more credible pipeline', Ofgem and the government claim

Michael Holder
clock 19 April 2026 • 4 min read
Government confirms £195m green heat network funding for England and Wales

Government confirms £195m green heat network funding for England and Wales

The Green Heat Network Fund (GHNF) expands to Welsh projects for the first time

clock 07 April 2026 • 3 min read