HGK Shipping signed a Memorandum of Understanding (MoU) in early May with Hydrogenious LOHC Maritime and Hydrogenious LOHC Technologies to collaborate on developing a scalable solution to make hydrogen available as a source of energy on a wide scale. The hydrogen-based technique is based on a liquid carrier LOHC (liquid organic hydrogen carrier). The two
Sweden’s three government parties have struck an agreement with the far-right Sweden Democrats which will see the so-called biofuels obligation reduced to 6 percent for both fuels, down from today’s 7.8 percent for petrol and 30.5 percent for diesel. The reduction will come into force from the start of next year, and would, the parties
Hapag-Lloyd is following the example set by Norden to offer biofuel-linked CO2 avoidance certificates for customers who want to contribute to cutting down on emissions for their shipments. Through ‘Ship Green’, a new solution for climate-friendly transportation based on biofuel, customers can contribute to cutting down on greenhouse gases (GHG) emissions by changing the fuel
Key bunker hubs such as Singapore and major shipping companies, particularly container lines, globally are embracing biofuel bunkers, with their popularity also reflected in the rising number of Veritas Petroleum Services-inspected marine biofuels samples. Biofuels are being increasingly sought to reduce greenhouse gas emissions from marine fuels. The renewable content of marine fuel when bunkered
HPLNG, a subsidiary of Maharatna oil PSU HPCL, is developing a greenfield LNG terminal at Chhara Port, located in Gujarat. The company said that the terminal is being built in the coastal region of East Somnath district in Gujarat. Further, the company informed that the terminal has a regasification capacity of five MMTPA which has
According to DNV’s latest Transport in Transition report, electricity’s share in transport will grow from the existing 1% to 23% in 2050. The report draws on DNV’s system dynamics-based Energy Transition Outlook model and explores the vast changes in fuels, electricity and infrastructure needed to transport ever-larger numbers of people and volumes of freight while
Juniper Green Energy, Evergreen Renewables, SJVN Green Energy, and Solarcraft Power India (Blupine Energy) emerged winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 500 MW of grid-connected wind projects (Phase V). Juniper Green Energy won 70 MW by quoting ₹3.11 (~$0.038)/kWh. Evergreen Renewables bagged 30 MW by quoting ₹3.17 (~$0.039)/kWh, and
The federal government announced that it would legislate a national NetZero Authority to ensure the workers, industries, and communities that have powered Australia for generations can seize the opportunities of Australia’s netzero transformation. The Authority will have responsibility for promoting the orderly and positive economic transformation associated with achieving net zero emissions, supporting workers in
ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country. Diversified renewable energy firm ACME Group and city gas distribution company IGL have signed an initial pact to jointly explore potential business opportunities in Green Hydrogen. ACME and IGL will work jointly to
The Central Electricity Authority (CEA) has estimated that India’s solar capacity at 292.6 GW will surpass the thermal generation capacity of 276.5 GW (251.7 GW of coal and 24.8 GW of gas) by the financial year (FY) 2029-30. The Authority released the estimates in a report on the optimal generation capacity mix for the country.