Hitachi Energy partners with H2 Green Steel for equity investment, energy solutions and green steel
Stockholm, July 20, 2022 – Hitachi Energy joins forces with H2 Green Steel on projects that support the industrial start-up in producing green steel.In a Memorandum of Understanding, the two companies outline a collaboration with three main elements: · an equity investment by Hitachi Energy in H2 Green Steel, · products and services from Hitachi Energy that are needed to construct and improve the electrical infrastructure to power steel production and giga scale electrolyzer plants; and · green steel off-take from H2 Green Steel for the manufacturing of Hitachi Energy’s products,