Test for Europe as it tackles a crisis of confidence in green projects
The green steel plant of Sweden’s Stegra is being held back over delays in state aid
The green steel plant of Sweden’s Stegra is being held back over delays in state aid

Swedish company’s board discusses insolvency as it struggles to plug funding gap of up to €1.5bn

Stegra has been striving to avoid same fate as bankrupt Northvolt

Thyssenkrupp among companies linking directly to renewable sources to meet climate goals and control energy costs

Investors and creditors grow twitchy as Stegra scrambles to resolve worsening funding crisis

The European Commission’s repeated attempts to run a coherent green industrial strategy are showing few results

Producing steel using hydrogen instead of coal is not a technology play