Finland – Neste has closed the grant agreement process with the Climate, Infrastructure and Environment Executive Agency of the European Commission. Following the earlier announced positive EU Innovation Fund grant decision of EUR 88 million to Neste’s clean hydrogen project at the Porvoo refinery.
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The Netherlands – Neste is entering into execution phase with its partners in the MultiPLHY consortium. The MultiPLHY project aims at installing, integrating and operating the world’s first high-temperature electrolyzer system in multi-megawatt-scale (~2.4 MW).
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Finland – Statkraft and Neste have inked a 10-year power purchase agreement that would allow the Finnish corporation to cut greenhouse gas emissions by utilizing power from a Finnish wind farm that is now under construction.
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Germany – Neste and LyondellBasell have agreed a long-term commercial partnership in which LyondellBasell will source Neste RE, a feedstock made from 100 percent renewable bio-based feedstock such as waste and leftover oils and fats.
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The Netherlands – Neste is expanding its production capacity in Rotterdam to enable the production of sustainable aviation fuel (SAF). The investment of €190 million should enable Neste to produce up to 500,000 tonnes of SAF per year.
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Finland and The Netherlands – Neste has narrowed down the location choice for its new renewable products production site to Porvoo, Finland and Rotterdam, The Netherlands. The company has concluded a thorough study phase concerning the two possible locations. While there are many positive drivers for both sites, the difference between the costs is significant […]
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