Norwegian energy and aluminium company Hydro has today (Oct 28) revealed that it will branch into the green hydrogen market by creating a new dedicated company called Hydro Havrand.
This new company is expected to be a part of Hydro’s strategic direction in strengthening its position in low carbon aluminium with the group exploring new growth opportunities.
Per Christian Eriksen, Head of Hydro Havrand, said, “The core of our business is using green hydrogen based on renewable energy to replace fossil fuels across a range of sectors.
“This includes many heavy industries where a part of the production process often requires temperatures far higher than what electricity can produce, as well as the maritime sector and long-distance transport.
... to continue reading you must be subscribed