SCOTLAND and the UK has been left out of an initial wave of hydrogen plants announced by Sir Jim Ratcliffe, who owns the huge petrochemical site at Grangemouth, after he revealed plans for factories in Germany, Belgium and Norway.
The billionaire’s company Ineos is to invest more than €2bn into electrolysis projects to make zero-carbon green hydrogen across Europe in a move that could have a major effect on the motoring industry.The company is is hoping to ‘transform’ zero carbon hydrogen production with what will be Europe’s largest ever investment i electrolysis projects.
The first plants will be built in Norway, Germany and Belgium in the next 10 years.
It comes after Ineos brokered a landmark deal with Hyundai last year.
Ineos said that it also intends to invest in France and the UK, where the hydrogen business will be headquartered, but did not give details.
The chemicals giant and the South-Korean car maker signed a memorandum of understanding that will "explore new opportunities", including hydrogen fuel cell technology being applied to the new Land Rover Defender-rivalling 4×4 - The Herald - link - Martin Williams - link - more like this - link
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