article thumbnail

Stegra Signs 6 TWh Electricity Deal to Power Green Steel Production

ESG Today

Swedish green iron and steel maker Stegra (formerly H2 Green Steel) announced that it has signed a long-term power purchase agreement (PPA) with German low-carbon power producer Uniper for a yearly supply of electricity produced over the 6-year period ranging from 2027-2032, covering a total of 6 TWh (terawatt hours).

article thumbnail

EIP Raises Investment in Eni’s Renewables, Power and EV Charging Business Plenitude to $850 Million

ESG Today

The company currently has over 3 GW of installed renewables capacity, with a target reach over 8 GW by 2027, sells electricity and gas to 10 million customers across 6 countries, and operates an EV charging network consisting of 21,000 charging points across 13 countries, with a goal to reach 40,000 by 2027.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

The hydrogen required will significantly contribute to bringing down the cost of this zero-carbon fuel, which in turn can help the economy to address emissions from other sectors such as aviation or shipping. Indeed, in these locations zero-carbon steel can be competitive with blast furnaces completely without subsidies.

article thumbnail

Duke Energy Florida Celebrates Delivering on Nearly 750-Megawatt Solar Commitment in Florida

3BL Media

An additional 12 new solar sites are planned between 2025 and 2027, adding another 900 megawatts of generation, and for the next 10 years, the company projects adding at least 450 megawatts of utility scale-solar energy per year.

Net Zero 130
article thumbnail

Diageo to Use Net Zero Glass Bottles from Hydrogen-Powered Furnace

ESG Today

Ultimately, we look forward to a world where people can enjoy their favourite drinks from zero carbon glass bottles.”. Under the new partnership, Encirc will build a new furnace at its Cheshire, UK-based Elton plant, by zero carbon electricity and hydrogen. The furnace is expected to become fully operational by 2027.

Net Zero 102
article thumbnail

Combining Molecular Recycling With Groundbreaking Clean Energy

3BL Media

Eastman’s choice of thermal battery technology for zero-carbon process heat, combined with efficient and high-yield molecular recycling technology, will address two global challenges at once. This can be a true game changer for providing low- or zero-carbon power for industrial processes,” Brown said.

article thumbnail

Four UK nuclear power plants to stay open longer than planned

Envirotec Magazine

Heysham 2 (Lancashire) and Torness (East Lothian) will keep producing the putative zero-carbon electricity for an additional two years to March 2030 while Heysham 1 (Lancashire) and Hartlepool (Teesside) will produce power until March 2027, an extension of one year. EDF said it will invest a further £1.3