In Short : A strategic partnership agreement has been inked by Swedish cleantech business GreenIron and Norwegian Hydrogen to speed up the manufacturing of metals free of fossil fuels throughout Europe. The collaboration uses Norwegian Hydrogen’s renewable hydrogen infrastructure and GreenIron’s hydrogen-based reduction technology to decarbonize the steel and metals sector.
Supporting the Circular Economy and Industrial Decarbonization
This partnership has two benefits: it promotes circular economy principles and permits extensive decarbonization of the metals industry. The program aims to significantly reduce carbon emissions by using green hydrogen in place of coal and coke in the manufacturing of metals, which is in line with Europe’s industrial climate goals.
Reaching Climate Goals While Maintaining Competitiveness
The deal guarantees that industrial firms and steel producers can implement low-carbon solutions without sacrificing productivity or competitiveness. With the help of Norwegian Hydrogen, GreenIron’s novel technology lowers emissions and accelerates the shift to industrial production that is sustainable and free of fossil fuels.
Impact and Significance of Clean Energy
The collaboration highlights the increasing significance of green hydrogen as a major facilitator of industrial decarbonization. It boosts Europe’s drive for net-zero businesses while lowering carbon emissions in one of the most difficult-to-abate sectors. The partnership fosters sustainable supply chains and advances the global clean energy transition by scaling up metals free of fossil fuels.
About the Companies
One of the top hydrogen companies in the Nordic region, Norwegian Hydrogen focuses on infrastructure, distribution, and manufacturing of renewable hydrogen.
A Swedish cleantech startup called GreenIron is advancing sustainable metallurgy through the use of hydrogen-based reduction technology for recycling and the production of metals devoid of fossil fuels.
