CMA CGM, Masdar agree to work for green alternative fuels

The CMA CGM Group and Masdar have signed a long-term agreement for green maritime fuels to supply CMA CGM vessels. The cooperation is set to facilitate the deployment of CMA CGM’s new generation of dual-fuel ships ready to use biofuels and e-fuels based on methane and methanol, of which 35 are currently in fleet and

Green fuel gets boost in Interim Budget 2024

Finance Minister Nirmala Sitha­raman announced a slew of initiatives aimed at bolstering the green energy sectors while presenting the Interim Budget. She outlined a comprehensive road map for sustained economic growth. The finance minister announced a new scheme for converting biomass into Compressed Bio Gas (CBG) and phased mandatory blending of CBG with natural gas

Lhyfe partners with Source Galileo for green hydrogen

French green hydrogen producer Lhyfe and UK renewable energy developer Source Galileo have entered into a joint agreement to develop commercial-scale green and renewable hydrogen production units in the UK and Ireland. To this end, the companies signed a memorandum of understanding (MoU), aiming to deploy production facilities powered by renewable energy to support the

CIP, Mexican authorities to collaborate on green fuels

Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico. CIP will develop the Helax Istmo project in Mexico through its Growth Markets Funds II and

CCS, Accelleron sign pact for marine green fuels development

The China Classification Society (CCS) signed a strategic cooperation agreement with Accelleron Industries to establish a long-term cooperative relationship in products R&D, products inspection, condition-based maintenance of marine equipment, development of green fuels for marine power, upgrading and renovation of existing marine methanol and ammonia fueled engines, and other energy efficiency improvement solutions, application of

Over 80% of Danish Shipping companies tonnage to sail on green fuels

Danish shipping companies currently have 67 new ships in the order book, which will be delivered from shipyards around the world in the coming years. This increases the number of Danish vessels in the order books for the third year in a row. Of these ships, 35 or just over 52% will be sailing on

CCS, Accelleron partner to develop green fuels

China Classification Society (CCS) has signed a strategic cooperation agreement with Swiss turbocharger producer Accelleron to work on the development of green fuels and upgrade of ammonia and methanol engines for ships. As informed, the cooperation agreement was signed during this year’s Marintec in China. CSSC Power (Group) Corporation also joined the partnership. Under the

NTPC inks pact with EIL for green fuels

NTPC Limited has signed an MoA with Engineers India Limited (EIL) wherein NETRA (the R&D centre of NTPC Ltd.) can take up collaborative projects in the domain of carbon capture utilization and storage (CCUS), green fuel, green chemicals including green hydrogen, green ammonia etc, green fertilizers, bio-fuels, decarbonization, waste handling, water, ash etc. leading to

EverWind Fuels receives nod for first industrial-scale green fuels

EverWind Fuels Company has received environmental approval from the Government of Nova Scotia for the initial phase of its C$6b, 1m-tonnes-per-annum green hydrogen and green ammonia project located in Point Tupper, Nova Scotia. EverWind remains on track to deliver green ammonia to German off-takers E.ON and Uniper by 2025, achieving the goals outlined in the

Strategic Biofuels starts construction on LGF project

Strategic Biofuels has started construction works on its Louisiana Green Fuels (LGF) project, the first renewable diesel project in North America to achieve “negative” carbon emissions. According to Strategic Biofuels, the LGF project is estimated at $2.8 billion, with the State Bond Commission and the Louisiana Community Development Authority granting their approval to LGF for