Together with seven other leading European cleantech companies, H2 Green Steel has announced the formation of a new cleantech scale-up coalition aimed at helping Europe become carbon neutral, energy self-sufficient and industrially competitive. The coalition is supported by Breakthrough Energy. The company was founded by Bill Gates and Kadri Simson, European Commissioner for Energy, both of whom were present at the event.
"Europe is facing an energy crisis and the threat of climate change. The solution must be a clean energy transition. We need to rapidly scale up innovative technologies, and this new coalition of clean technology pioneers will help us do that," said Kadri Simson, EU Commissioner for Energy.
Founding members of the coalition include: H2 Green Steel (near zero carbon steel production), Sunfire (renewable hydrogen), Volta Trucks (all-electric trucks), Plastic Energy (chemical recycling), Enapter (renewable hydrogen), Ecocem (scalable low-clinker cement), Electrochaea (renewable power-to-gas), Hydrovolt (battery recycling).