Current +
Summary
Essar Energy Transition (EET) has signed a sale and purchase agreement to acquire the 66-acre Thornton Science Park. The energy research centre is closely linked to the government’s aspirations to meet the target of net zero emissions by 2050 and aligns with EET’s plan to invest US$3bn into energy transition initiatives in the North West.
As well as being a key energy transition centre, Thornton Science Park will serve as the UK headquarters for a number of EET subsidiaries, including EET Fuels, EET Hydrogen, EET Hydrogen Power and Stanlow Terminals.
Via these brands, EET is pursuing a number of firsts, including creating the UK’s first low carbon refinery and one of the first large scale, low carbon hydrogen production hubs in the world. It also aims to develop Europe’s first hydrogen-fuelled combined heat and power plant.
Continue Reading
#News
#CHP