In Short : ArcelorMittal has announced a $900 million investment to develop three green energy projects in India, comprising solar, wind, and energy storage assets. The projects will support clean power generation for industrial use, strengthen India’s renewable energy capacity, and advance the company’s decarbonisation strategy while reinforcing its long-term commitment to sustainable operations in […]
ArcelorMittal begins clean energy supply from 1-GW Andhra project to AMNS India – EQ
In Short : ArcelorMittal has begun supplying clean energy to AMNS India from its 1-GW hybrid renewable project in Andhra Pradesh. Developed by AM Green Energy, the \$700 million facility integrates solar, wind, and hydro storage, cutting AMNS India’s carbon emissions by 1.5 million tonnes annually. It will meet over 20% of the Hazira steel […]
ArcelorMittal to buy Siemens Gamesas’s wind turbines for its Andhra project – EQ Mag
A unit of the international steel giant ArcelorMittal in India signed a contract to purchase wind turbines from Siemens Gamesa for a 166 MW project in Andhra Pradesh. A crucial boost to the nation’s steel industry’s decarbonization efforts will be given by the clean electricity generated, which will be used by one of ArcelorMittal’s steel […]
ArcelorMittal arm AMNS India to invest Rs 60,000 crore to expand Hazira plant: Chairman Aditya Mittal – EQ Mag Pro
Hazira : ArcelorMittal’s arm AMNS India will invest Rs 60,000 crore to scale up capacity of its steel plant here to 15 million tonnes (MT), the company’s chairman Aditya Mittal said on Friday. The existing capacity of the plant is 9 MT. “We will invest Rs 60,000 crore to increase capacity of our plant to […]
Carbon capture in the steel industry: ArcelorMittal, Mitsubishi Heavy Industries Engineering, BHP and Mitsubishi Development sign collaboration agreement – EQ Mag Pro
ArcelorMittal, the world’s leading global steel and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The […]
ArcelorMittal, PCR Announce New Investments in Renewables in Argentina – EQ Mag Pro
Argentine long steel producer ArcelorMittal Acindar, part of steel making multinational ArcelorMittal SA (AMS:MT), has agreed to make additional investments in wind power in San Luis Province, central Argentina, and build a new solar farm. The steel giant said on Wednesday that it will join forces with Argentine energy and cement company PCR to boost […]
ArcelorMittal, Brookfield, Canada pension fund among bidders for stake in NTPC Green Energy – EQ Mag Pro
New Delhi : ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying stake in NTPC Green Energy Ltd, according to sources. NTPC Green Energy Ltd (NGEL) is a wholly-owned subsidiary of state-owned power giant NTPC Ltd. The expression of interest (EoI) for stake sale […]
Greenko to supply green power to ArcelorMittal, Ayana Renewable, 3 states – EQ Mag Pro
ArcelorMittal has made an investment of around $600 million for 1,000 MW capacity of the project. Greenko Group will supply green power to ArcelorMittal, Ayana Renewable Power and three states from its 5,230 MW renewable energy plant being set up here, a top company official said. The plant which is being set up at a […]
ArcelorMittal, Enagas Create Green Hydrogen Venture in Spain – EQ Mag Pro
Steelmaking giant ArcelorMittal SA has formed a joint venture with Enagas SA, Fertiberia SA and solar developer DH2 Energy to produce and transport green hydrogen in Spain. Hydrogen is increasingly viewed as a key part of strategies to decarbonize industrial processes and transportation if it’s produced without emitting greenhouse gases. ArcelorMittal and chemical maker Fertiberia, […]
ArcelorMittal joins race to buy Sprng Energy in green steel push – EQ Mag Pro
ArcelorMittal, the world’s greatest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, because the steelmaker appears at cleaner power sources to decarbonise manufacturing all over the world and in India, stated folks conscious of the event. This arguably is the primary time in India a steel producer is such […]