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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

IEA: Iran War constitutes 'largest supply disruption' in history for global oil market

Oil prices climb again, despite IEA move to release oil reserves

More on Infrastructure

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment
Infrastructure

UK Power Networks and Octopus Energy team up to fast-track Vehicle-to-Grid deployment

Partners launch UK's first instant-approval process for connecting Vehicle-to-Grid chargers, in bid to speed up rollout of technologies that turn electric vehicles into 'mini power stations'

Amber Rolt
clock 13 March 2026 • 2 min read
Report: Light-touch measures could save Britain £3.8bn in grid constraint costs
Infrastructure

Report: Light-touch measures could save Britain £3.8bn in grid constraint costs

Britain can reduce need to 'turn down' wind farms even as more renewables come online without need for major infrastructure upheavals, LCD Delta research finds

Michael Holder
Michael Holder
clock 10 March 2026 • 4 min read
Ambitious heat network rollout could save UK £161bn by 2050
Infrastructure

Ambitious heat network rollout could save UK £161bn by 2050

District heating networks promise to cut generation costs and require less investment than individual air source heat pumps in every scenario tested by ADE Heat Networks

Stuart Stone
Stuart Stone
clock 25 February 2026 • 3 min read