H2 Green Steel, founded in 2020 with the ambition to accelerate the decarbonization of the steel industry, using green hydrogen, has partnered with auto-manufacturer Volvo for the supply of near zero emission steel.
Since steel is one of the main input materials in the manufacturing of trucks, buses and construction machines, a shift towards green steel is a vital element for Volvo Group’s continued journey towards decarbonization, stated a company press release.
“Collaborations which support our work to reduce emissions are crucial on the path towards net zero.''
Andrea Fuder, chief purchasing officer of Volvo Group
“Collaborations which support our work to reduce emissions are crucial on the path towards net zero. Steel is a big contributor to the footprint of our products, and working together with both established and new players for developing decarbonized materials is key to advancing our progress in sustainable transport and infrastructure solutions”, said Andrea Fuder, chief purchasing officer of Volvo Group.
The long-term supply agreement placed from Volvo Group is for green steel from H2 Green Steel’s new plant in Boden in Northern Sweden. Start of production is planned for end of 2025. Deliveries to Volvo Group will start mid-2026.
''When an undeniable large player like Volvo Group, working at the forefront of sustainable change, places a customer order it’s a clear sign of confidence in both our company and our product.”
Henrik Henriksson, H2 Green Steel’s CEO
"The commercial vehicle industry has actively been driving the demand for green steel, validating the market interest. When an undeniable large player like Volvo Group, working at the forefront of sustainable change, places a customer order it’s a clear sign of confidence in both our company and our product,” commented Henrik Henriksson, H2 Green Steel’s CEO.
