NH3 Clean Energy Raises $710,000 to Advance WAH2 Clean Ammonia Project

NH3 Clean Energy Limited has successfully raised AUD 710,000 in a funding round through the placement of fully paid ordinary shares to both existing shareholders and new sophisticated investors, including institutional backers. The capital raise exceeded the company’s initial target of AUD 600,000. The placement will result in the issue of approximately 23.67 million shares

RIC Energy and Siemens Partner to Advance Green Hydrogen and E-Fuels Projects in Spain

RIC Energy and Siemens have entered into a strategic collaboration aimed at advancing projects in renewable hydrogen, green ammonia, and e-fuels across Spain. The two companies signed a Memorandum of Understanding (MoU) that lays the groundwork for technical and financial cooperation in the development of large-scale sustainable energy infrastructure. At the centre of this collaboration

OMV Petrom invests €750 mn in sustainable fuels plant

OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels. The company has made the final investment decision to build a SAF/HVO facility along with two facilities for green hydrogen which will be used in the production of biofuels. The investments for this unit

Wärtsilä enables acceleration of marine’s transition to sustainable fuels

Technology group Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest methanol engine portfolio currently on the market. In addition to the Wärtsilä 32 methanol engine launched last year, Wärtsilä will add the Wärtsilä 20, Wärtsilä 31, Wärtsilä 46F and Wärtsilä 46TS to its portfolio of

Rotterdam reduces fee for ships that bunker sustainable fuels

Port of Rotterdam said it will offer a substantial port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the recently announced Zero Emissions Maritime Buyers Alliance (ZEMBA) and recognising front runners in the road to maritime decarbonisation. ZEMBA, an initiative of coZEV, recently launched a request for proposals for the transport of