DNV recently completed a technical due diligence to assist Elyse Energy in securing a €120 million investment from Hy24, PGGM, Bpifrance, and Mirova for sustainable fuel projects in France and Spain. The funding will support Elyse Energy's initiatives focusing on e-methanol and sustainable aviation fuel production, aiming to reduce CO2 emissions by approximately 700,000 tons annually by 2028. DNV's thorough review covered critical aspects of the projects to ensure viability, including project design, technology, and performance forecasts. Furthermore, DNV's Energy Transition Outlook highlights the importance of low-carbon hydrogen in driving the energy transition, with projections indicating significant hydrogen production in Western Europe by 2030 and a growing role for hydrogen in the energy demand by 2050. The sentiment of the article is positive, emphasizing DNV's commitment to supporting decarbonization through sustainable fuel projects and highlighting the crucial role of hydrogen in achieving green reindustrialization goals in Europe.