When Green Initiatives Kick the Legs Out From Under Local Businesses Comment: The bankrupt estates of a couple of the largest and most unsuccessful green industrial ventures in the north are barely enough for a leftover dinner. The accounts of local suppliers are already dripping with blood.
TECO 2030 Subsidiary Bankrupt The bankruptcy of the TECO 2030 ASA subsidiary is not to impact the company's establishments in Narvik, Northern Norway. Measures are now taken to save the rest of the company, says CEO Tore Enger.
Plans to Create Hydrogen Solutions in Narvik to Cut Maritime Emissions Likely Put On Hold The company TECO 2030 is NOK 400 million away from initiating a full-scale production of hydrogen-based fuel cells in Narvik, Northern Norway. CEO Tore Enger says the money market in Norway is "dry" for both public and private capital. He is turning his gaze toward the US and India.
The Green Pipe Dreams Torn Asunder by an Arctic Storm Comment: The Swedish battery company Northvolt is heading toward bankruptcy. In that case, it would be a gigantic setback for the European and Arctic investment in the green shift. In addition, it would be the most expensive adult education of all time.
High North News’ Food Column Recommends: Greenwashed Castles in the Air on the Menu Commentary: Nutritional advice is in vogue, and High North News is partaking in the trend. Currently, greenwashed castles in the air are recommended as part of the High North diet.
