Vow ASA, through its subsidiary ETIA, has entered into a strategic partnership with Repsol on industry decarbonization.
30th October 2020, Vow ASA has (through its subsidiary ETIA) entered into a strategic partnership agreement with Repsol to explore multiple applications and solutions to produce clean and renewable energy for CO2 emission reduction.
Repsol, headquartered in Spain, is a global multi-energy provider. It is one of the first energy companies to make a net zero emissions commitment by 2050 aligned with the climate objectives set out by the Paris Agreement and the UN Sustainable Goals. This commitment also includes intermediate goals for 2025, 2030, and 2040.
“We are very excited to enter into this agreement, and we are committed to provide technology to support Repsol on their ambitious roadmap towards zero emissions”; says Henrik Badin, CEO of Vow ASA.
Badin further adds; “We knew that our acquisition of ETIA last year gave Vow ASA unique technology and access to more markets. That the technology has become a key solution in a decarbonization strategy for one of the larger oil- and gas companies in Europe, demonstrates our relevance deep into new industry verticals in green transition.”
