Ørsted invests in large-scale e-methanol project in Sweden

Wind Industry Profile of

Ørsted and Liquid Wind AB have reached an agreement, under which Ørsted will acquire a 45 % ownership share of Liquid Wind AB’s FlagshipONE e-methanol project.

FlagshipONE is a late-stage development project and could become the world’s first large-scale sustainable e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to decarbonise the maritime sector, of which FlagshipONE will be the first. Ørsted’s entry into the FlagshipONE project is a testament to the company’s strategic ambition of building a global leadership position within green fuels and renewable hydrogen. FlagshipONE adds to Ørsted’s growing hydrogen and Power-to-X project pipeline, which includes several projects aimed at... ... More: Official Press Release Ørsted

Keywords:

Ørsted , Liquid Wind, green, e-methanol, fuel, wind, onshore, Sweden, project, FlagshpONE, ownership, CO2, hydrogen, renewable energy