Ineos confirms green hydrogen production plan and fuel cell Grenadier SUV
This is a part of a $2.3 billion investment announcement into the renewable energy strategy. Ineos announced this wee that it was investing $2.3 billion into what the chemical company is referring to as green hydrogen production. This would be an important step toward the development of a fuel cell version of the Grenadier SUV. The hydrogen production investment will fund plants located in the United Kingdom, Germany, Norway and Belgium. The facilities will produce H2 using electrolysis, according to a news release from the company. Ineos is already operating a number of plants through its In…
This is a part of a $2.3 billion investment announcement into the renewable energy strategy.
Ineos announced this wee that it was investing $2.3 billion into what the chemical company is referring to as green hydrogen production.This would be an important step toward the development of a fuel cell version of the Grenadier SUV.
The hydrogen production investment will fund plants located in the United Kingdom, Germany, Norway and Belgium. The facilities will produce H2 using electrolysis, according to a news release from the company. Ineos is already operating a number of plants through its Inovyn subsidiary. The company claims it is the largest H2 plant operator in Europe. Another part of the company’s renewable energy investment involves installing a 100 MW electrolyzer in Cologne, Germany. That facility will be producing H2 that will be used for making green ammonia. A transition through green ammonia has the potential to decrease global greenhouse gas emissions by nearly 1 percent per year, said Ineos in its news release.