Samsung joins MEG HP1 development project

Perth-based Infinite Green Energy (IGE) announced it has entered into a binding memorandum of understanding (MOU) with key joint development agreement terms with Samsung C&T, to jointly develop and build the MEG HP1 green hydrogen plant. The agreement sees Samsung take a stake of undisclosed size for an undisclosed sum in the solar-powered green hydrogen

Denmark suspends renewable energy projects

The Danish Energy Agency has suspended the processing of offshore wind turbine projects and other renewable energy projects under its so-called open-door scheme as it awaits clarification from the European Union on a number of legal issues. How the projects have been awarded might be breaking EU laws, the agency explained. Tags: Denmark, Energy, Projects,

Honeywell launches research on hydrogen fuel cells

A consortium led by Honeywell met recently to launch a European Clean Aviation project that will develop a new generation of hydrogen fuel cells for the aviation industry. Project NEWBORN will involve multidisciplinary collaboration between 18 partners from 10 European countries to develop an aerospace-qualified megawatt-class fuel cell propulsion system powered by hydrogen. Green hydrogen,

Maersk signs MoU with SunGas for green methanol

A.P. Moller – Maersk has signed a green methanol letter of intent with Houston-based SunGas Renewables, which provides technology and equipment systems for large-scale production of renewable fuels. This is Maersk’s ninth such partnership to drive the acceleration of global production capacity for green methanol. The letter of intent covers the production of green methanol

Vancouver port tests alternative fuels

The Vancouver Fraser Port Authority, together with partners from across the port community, are testing various low- and zero-emission fuels and technologies at the Port of Vancouver, as part of the port authority’s efforts to phase out all port-related emissions by 2050 in support of the Government of Canada’s goal to achieve net-zero emissions by

ReNew Power and Elsewedy to develop green hydrogen plant

ReNew Power, India’s largest renewables company, will invest $8bn in a green hydrogen plant in the Suez Canal following an agreement with the Egyptian government. A green hydrogen plant is planned for the Suez Canal, following a 15 November 2022 framework agreement signed by ReNew Power, India’s largest renewables company, and the Egyptian government. A

EU concludes a strategic partnership with Kazakhstan on renewable hydrogen

Attending the COP27 in Egypt, Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, signed a Memorandum of Understanding establishing a partnership between the EU and Kazakhstan. The agreement aims to ensure the development of a secure and sustainable supply of raw materials and refined materials. It also aims to develop

Neste partners with EDi to supply renewable diesel

Neste is partnering with EDi Energie-Direkt Hohenlohe GmbH and TOOL-FUEL Services GmbH to jointly enable the supply of Neste MY Renewable Diesel in Germany and contribute to reducing greenhouse gas emission in the transport sector. The two companies will distribute and sell Neste MY Renewable Diesel in Germany, while Neste will ensure sufficient volumes of

Renewable energy production in India ramps up

While the new solar installations rose from January to August by 22 per cent year-on-year, new wind installations increased by only 7 per cent, with only 1.1 GW installed between January to August 2022, shows data. India had set a target of installing 175 GW of RE capacity by 2022 end – 100 GW from

Renewable Energy Investment Can Create Huge Revenue By 2030

According to a report titled ‘Investing for Impact: Renewable Energy & Cleantech’, India has the potential to generate a whopping 212 billion in revenue by investing in renewable energy and cleantech focused ventures by 2030. The report said that about 3.4 million jobs can be created by 2030 with an investment of $350 billion in