Neste moves forward in its renewable hydrogen project in Porvoo, Finland
Neste Corporation, Press Release, 3 May 2023 at 10.00 a.m. (EET)In accordance with its ambition to reach carbon neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable (i.e. green) hydrogen at its Porvoo refinery in Finland. The company has now decided to proceed to the basic engineering phase with the project. The investment decision readiness is expected to be reached in early 2024. If an investment decision is made, green hydrogen production could start in 2026.“Our project is one of the largest development projects to produce green