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October 25,2024

Neste Withdraws its Investments from Electrolyser Project at Porvoo

Neste has decided to withdraw its investments from a 120 MW Electrolyser project aimed at generating Green Hydrogen at its refinery in Finland. The decision came after the company revaluated its financial performance and the current market conditions. But the company is still exploring alternative methods to secure renewable hydrogen aiming to contribute to the RFNBO obligations.

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