Mon. Nov 11th, 2024

BASF Gets €310M For World’s Largest Heat Pump

ByLisa Luckas

10/15/2024
a white air conditioner sitting in front of a buildingPhoto by alpha innotec
  • BASF receives €310M funding for world’s largest industrial heat pump at Ludwigshafen, reducing CO2 emissions by 98%
  • Construction starts Q1 2025.

Tue Oct 15 14:33:24 -0000 2024 UTC– BASF receives funding approval for building the world’s largest industrial heat pump to produce CO2-free steam by using waste heat, reducing emissions significantly.

Construction to start in 2025 with up to 310 million euros in support from the German Federal Ministry for Economic Affairs and Climate Action.

Today, Robert Habeck, Federal Minister for Economic Affairs and Climate Protection, presented the funding decision to Uwe Liebelt, President European Verbund Sites, BASF SE

Nobot.News is not a bot, but powered by generative AI. Here’s the full disclosure:

About Lisa

Subscribe to Lisa’s Newsletter today!

Keep Up: Nobot.News Launches Breaking Newsletter

Read more Business News as it happens!

Business

ByLisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

Leave a Reply

Your email address will not be published. Required fields are marked *