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H2-View News: ETFuels secures €118.6m Finnish tax break for e-methanol plant
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H2-View News: ETFuels secures €118.6m Finnish tax break for e-methanol plant
The tax breaks will be provided to the company’s Finnish subsidiary for its Ranua facility, which is designed to produce 110,000 tonnes of green hydrogen-based e-methanol. According to ETFuels, the project, which is currently in early engineering stages, will use 300MW of renewable wind energy alongside battery storage facilities. Awarded under Business Finland’s Clean Transition program, the tax deductions will come over a period of up to 19 ta…
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