Finnish technology company Wärtsilä has signed a Memorandum of Understanding (MoU) with Australian catamaran builder Incat Tasmania to work on the design of the next-generation lightweight aluminium catamaran.
Chevron New Energies, a Chevron U.S. division, and the government of Angola have signed a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Angola. The signature was hosted in October 2023 in Luanda, Angola, by Cabinda Gulf Oil Company Limited (CABGOC), Ch
U.S. Plug Power, South Korean SK E&S and K-water as well as SK Plug Hyverse, a joint venture between SK E&S and Plug Power, have signed a memorandum of understanding (MoU) to “promote the growth of green hydrogen and rejuvenate the industry.” Specifically, the companies will collaborate on advancing
The U.S. Department of Energy (DOE) has unveiled the winners of the first round of the Innovating Distributed Embedded Energy Prize (InDEEP), that will share $285,000 in cash prizes to further advance their novel wave energy concepts.
U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset
German seaports believe they are well-positioned to be used as hubs for carbon management as part of the energy transition and a CO2 circular economy. However, they demand ‘a clear commitment’ from the federal government.
NEOM Green Hydrogen Company (NGHC), a joint venture created by ACWA Power, Air Products and NEOM, has reached a milestone in the construction and development of the NEOM green hydrogen plant, by receiving its first delivery of wind turbines at the Port of NEOM in Northwest Saudi Arabia. NEOM said th
Finnish technology group Wärtsilä and Shipping Corporation of India (SCI) have signed a Memorandum of Understanding (MoU) to explore options for converting at least two SCI’s vessels to be capable of operating on green methanol.
A feasibility study, undertaken by the classification society Lloyd’s Register, has highlighted the potential for using clean ammonia to refuel ships, particularly iron ore carriers, visiting the Pilbara region of Western Australia. The study, commissioned by Yara Clean Ammonia, a unit of Norwegian
Novarium, an innovation campus dedicated to the blue economy, has entered into a strategic partnership with the Port of Québec, one of the five largest ports in Canada.
South Korean shipbuilding giant HD Hyundai has developed its own low-carbon electric propulsion system for very large crude carriers (VLCCs).
A geotechnical survey campaign has been completed at the Ossian floating offshore wind farm site in Scotland. Set to be located across 858 square kilometers of seabed off the east coast of Scotland, the project is a joint venture between SSE Renewables, Marubeni, and Copenhagen Infrastructure Partne
Copenhagen Infrastructure Partners (CIP), Flexens, and Lhyfe have formed a partnership to develop and construct an integrated energy island solution enabling large-scale green hydrogen and offshore wind production on Åland, Finland. CIP, through Copenhagen Energy Islands, Lhyfe, and Flexens have dec
Finnish technology group Wärtsilä has introduced a new ultra-low emissions version of its 31DF engine that can reduce methane emissions by 41 percent more than the standard 31DF engine.
