Swedish green electrofuel development company Liquid Wind has raised €15.2 million in Series B financing that will build its capabilities and develop projects for decarbonising the maritime industry. Liquid Wind said that the existing investors Uniper, Alfa Laval, Siemens Energy, Topsoe, Elyse and o
Danish renewables developer European Energy has received €53 million from the Danish Green Investment Fund (DGIF) for its upcoming Power-to-X (PtX) facility in Kassø, which will be the largest e-methanol facility in the world to date. The financing from the fund is part of the total investment in th
As the maritime industry explores scalable and viable options to replace fossil fuels, biodiesel is the only readily available drop-in alternative right now, according to Stolt-Nielsen’s Head of Sustainability. Last week, Bill Bryant spoke at the Maritime and Port Authority of Singapore’s (MPA) bunk
Portugal-based energy and tech company Wavelength Technology Center has secured a contract for a methanol marine fuel supply system.
Classification society ABS has been selected to class six new large ocean-going, methanol-fuelled container vessels ordered by Danish shipping giant A.P. Moller – Maersk.
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE), a unit of Hyundai Heavy Industries (HHI) Group, is launching a demonstration project to apply fuel cells, which are seen as a next-generation energy source, to large vessels. On 11 October, KSOE signed a consortium agreement
Mitsui & Co., Ltd., Mitsui & Co. Energy Trading Singapore Pte. Ltd. (METS), Maersk Oil Trading, a part of A.P Moller – Maersk, and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of methanol bunkering logistics in Singapore. The participants intend to in
French engineering company Technip Energies has secured a contract with chemical company INEOS for the proprietary equipment supply for INEOS Olefins Belgium NV’s Project ONE in Antwerp. Project ONE aims to build an ethane cracker in the Port of Antwerp with a nameplate capacity of 1450 kilotons of
The global energy crisis has forced nations around the globe to ponder whether they need to pick between energy security and net-zero goals. Can both be obtained simultaneously? This is the question on everyone’s mind.
Offshore wind developer Ørsted has signed a memorandum of understanding (MoU) with Energy Dome, an energy storage solution provider, to run a feasibility study on the deployment of a 20MW / 200MWh energy storage facility. The partners plan to deploy the energy storage facility using Energy Dome’s CO
Simply Blue Group and Irving Oil have signed a Memorandum of Understanding (MoU) to explore opportunities related to the development of an integrated renewable energy hub at the Irving Oil Whitegate Refinery in Ireland. The Whitegate Refinery is the country’s only refinery and a critical part of the
National Grid, an electricity, natural gas, and clean energy delivery company, has introduced its Northeast Clean Energy Vision, a model to develop and deliver a large-scale, clean and fossil-free energy hub across the entirety of Long Island in New York State. The company unveiled its clean energy
FlagshipONE, the Swedish green fuels project jointly owned by power-to-fuel developer Liquid Wind and offshore wind developer Ørsted, has obtained the environmental permit for building the first large-scale green electrofuel facility for the marine industry. The Land and Environment Court in Umeå gr
Royal IHC has taken a step further to become one of the world’s leading suppliers of sustainable dredging solutions with the launch of fully electrically powered IHC Beaver cutter suction dredger series. As announced today, the company is expanding its portfolio of standard Cutter Suction Dredgers (
