The City of Lappeenranta spotlights the Finnish Climate Fund’s recent decision to invest in Aurelia Turbines. The Fund decided on a €5 million capital loan to Aurelia Turbines to speed up the deployment of more efficient industrial gas turbines using hydrogen and biogas as a fuel.
The capital loan of the Fund is already the third to companies in South Karelia. Aurelia’s turbine technology is based on research conducted at LUT University in Finland over the last 35 years.
Read more at the website of the City of Lappeenranta: https://www.lappeenranta.fi/news/Third-Finnish-Climate-Fund-capital-loan-to-South-Karelia-Gas-turbine-manufacturer-Aurelia-Turbines-is-at-the-forefront-of-developing-the-hydrogen-economy-/38623/1fc8b443-820a-421b-ad4a-68b233e2c782