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Steeper Energy, a Danish-Canadian clean-fuel company, is partnering with Silva Green Fuel, a Norwegian-Swedish joint venture owned by Statkraft and Södra, to construct a EUR 50.6 M industrial scale demonstration plant at a former pulp mill located in Tofte, Norway.
Steeper Energy will license its proprietary Hydrofaction™ technology to Silva Green Fuel, who will build the facility over the next 18 months. The purpose of the demonstration plant is to test technology for continuous production of advanced (second generation) biofuel that may directly replace current fossil fuels, as well as testing various types of raw materials.
The core team from Arntzen de Besche has been Andreas Nordby and Espen Bakken.