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Mitsui to invest in e-methanol business in Northern Europe

By District Energy posted 07-10-2023 13:34

  

Offshore Energy

Summary

Specifically, Mitsui will acquire a minority stake in European Energy’s solar park and e-methanol production facility Kasso in the municipality of Aabenraa, Denmark. The Danish and EU authorities shall approve the transaction.

European Energy said the e-methanol facility will be powered by the connected solar park and connected to the Danish transmission grid, which will assist in balancing it. Furthermore, the excess heat from the hydrogen production will be used for district heating and provide heating for more than 2,000 households in the area.

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