Italy’s Duferco invests €10 million to produce green hydrogen in Sicily

Thursday, 07 March 2024 12:28:53 (GMT+3)   |   Istanbul

Luxembourg-based Duferco Group has announced that it will use the Italian Giammoro plant, located in Sicily, to create a hub dedicated to the production of green hydrogen. Within the scope of Italy’s National Recovery and Resilience Plan (PNRR), the project will help Sicily on its path towards energy independence using renewable sources, with an investment of €10 million, €7.5 million of which will be provided by the PNRR itself.

This project is promoted by Duferco in collaboration with the Italian shipping company Caronte and Nippon Gases Italia, and it aims to produce 100 tons of green hydrogen per year using a 4 MW photovoltaic plant and a 1MW electrolyzer. Not only will the energy obtained feed Duferco’s steel mill, but it will also feed the other industries in the area.

“This Hydrogen Valley” said Antonio Gozzi, president of Duferco, “will contribute to the fulfillment of one of the main European objectives within the scope of the ecological transition.”

MichelaMedici
Michela Medici
Editor

After graduating from Cattolica University in Milan with a Master’s Degree in Translation, I began my career as a project manager in a translation agency before joining SteelOrbis in 2023. Since 2024, I have been responsible for reporting market developments, price trends, and dynamics within the European scrap and long steel markets, with a specific focus on Italy, Germany, and Poland.

Similar articles

Italy’s Duferco secures €21 million financing for Giammoro industrial hub revival

Duferco to invest in new beam rolling mill supplied by SMS Group

Canada doubles counter-tariff on US steel to 50 percent, effective September 8

US long steel prices flat amid support from data centers, tight supplies, stable to up scrap

July average freight rates mostly stable for Brazilian finished steel imports

USWC scrap prices for the export market trend flat, Houston rises

US standard pipe imports down 14.5 percent in June 2026 from May

Grupo Simec returns to profit in the second quarter of 2026

Turkish mills raise official HRC offers slightly based mainly on market expectations

US merchant bar exports up 14.9 percent in June 2026 from May