Neste and the Climate, Infrastructure and Environment Executive Agency (CINEA) of the European Commission sign the EU Innovation Fund’s grant agreement for the clean hydrogen project 'SHARC' in Porvoo

Neste Corporation, Press Release, 4 April 2022 at 8.00 a.m. (EET)Neste has closed the grant agreement process with CINEA and 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 in Finland. The ‘SHARC’ project introduces electrolysis and carbon capture and storage (CCS) solutions that allow the quick and efficient