As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.
Keppel Infrastructure, National University of Singapore (NUS), and Nanyang Technological University (NTU Singapore) have teamed up to explore the development of an offshore hybrid system which could harness solar, wind, and tidal energy for continuous power generation.
Michelin’s Wing Sail Mobility (WISAMO) project has hit an important milestone with the launching of the installation of the company’s wing sail on the first merchant ship. The wing prototype with a surface area of 100 sqm is being installed on Compagnie Maritime Nantaise – MN’s container ship MN Pél
The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.
JERA Asia, a subsidiary of Japanese energy giant JERA, has revealed its plans for collaboration with IHI Asia Pacific to explore potential ways to expand the use of ammonia in Malaysia’s energy sector. JERA and IHI signed a memorandum of understanding (MoU) which states that the parties will jointly
French and Belgian energy infrastructure operators GRTgaz and Fluxys Belgium have decided to launch a feasibility study for the cross-border hydrogen transmission network, following a market call that raised interest from 17 companies. GRTgaz and Fluxys Belgium conducted consultations in France and
Saudi Arabia’s ACWA Power and the Industrial Development Corporation of South Africa (IDC) have signed an extensive memorandum of understanding (MoU) exploring a partnership in the development of green hydrogen and its derivatives in the Republic of South Africa. Under the MoU with the potential val
Japenese shipping company Nippon Yusen Kabushiki Kaisha (NYK) is advancing its study on generating biofuel from the organic waste stored onboard oceangoing vessels with a new memorandum of understanding (MoU). NYK has signed an MoU with Astomos Energy, an LPG distributor, and Sustainable Energy, a c
Hydrogen generation and energy storage solutions company H2 Industries has developed a solution to convert harmful flaring gases into clean hydrogen. Gas flaring has been recognised as a major contributor to the emission of harmful gases affecting climate change and society by creating increased inc
Danish shipping giant Maersk, German energy firm Siemens Energy and the Suez Canal Economic Zone (SCZONE) have met to discuss green hydrogen projects ahead of the 2022 United Nations Climate Change Conference (COP27) summit in Egypt. During the meeting, the parties discussed the framework of the fea
Discharge water from ships’ exhaust gas treatment systems (scrubbers) is responsible for up to nine percent of certain emissions of carcinogenic and environmentally harmful substances in the Baltic Sea, a study from Chalmers University of Technology reveals. The study was commissioned by the Swedis
In 2030, Europe’s shipping industry will need over 6.3 million metric tonnes of liquefied natural gas (LNG) to power its growing fleet of gas-powered ships – enough to power 7 million homes – which will only increase Europe’s dependence on fossil fuels, a new Transport and Environment (T&E) study sh
A consortium comprising Air Liquide, Chevron Corporation, LyondellBasell and Uniper is planning to conduct a study that will evaluate and potentially advance the development of a hydrogen and ammonia production facility along the US Gulf Coast. The planned facility could support industrial decarboni
Researchers at the National Renewable Energy Laboratory (NREL) have released the Small WEC Analysis tool, whose goal is to provide baseline information about the performance of different types of wave energy converters in various ocean settings free of charge.
