EH Group announced that it has signed an MoU to develop large stationary power fuel cell solutions with Snam. This leverages upon the work achieved together during the HyAccelerator program. EH Group is witnessing strong growth in the stationary fuel cell market, with the key drivers being grid resiliency, the imperative of decarbonisation and the
Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) have received $1.12bn worth of newbuilding contracts from South Korean container shipping company HMM for nine methanol-powered containerships. Under the contracts, HSHI will construct seven vessels, while HJSC will construct two. The 9,000 twenty-foot equivalent unit (TEU) vessels will feature methanol dual-fuel engines. The order
The Greenko group is building the world’s largest pumped hydro storage facility with a capacity of 1,680 MW near Kurnool, Andhra Pradesh. The company plans three more such facilities in the next three years. Two of these will be roughly of the same size and the third one-and-half times as big. Together, these will have
The Indian public sector oil refineries have together planned to set up 137 kilo tonnes per annum (ktpa) of green hydrogen facilities by 2030. This was revealed by Dr S S V Ramakumar, Director – R&D, Indian Oil Corporation, at the India Energy Week, held recently in Bengaluru. Participating in a panel discussion on green
PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S.
By 2030, TUI aims to reduce CO2 emissions across its cruise brands’ fleets by 27.5% compared to 2019 levels, and further establish energy efficiency in ship operations, including from fuel-saving route optimisation, shore power and the use of alternative fuels such as sustainable bio-fuels, bio-LNG and green methanol. Between 2015 and 2019, carbon efficiency from
Airbus has proven to be one of the leaders when it comes to decarbonizing aviation, and its efforts are now reaching New Zealand. A new consortium established in the country is planning to transform Kiwi flights by focusing on green hydrogen. Air New Zealand unveiled multiple collaborations with the same goal. It wants to sport
ReNew will explore investment opportunities in the green hydrogen space as the clean energy firm is expanding its business portfolio. ReNew will explore investment opportunities in the green hydrogen space as the clean energy firm is expanding its business portfolio, its chairman Sumant Sinha said. Sinha made the remarks on the sidelines of an event
Port of Corpus Christi Authority in Texas and Canadian clean energy company AmmPower have entered into a memorandum of understanding to explore the potential development of green hydrogen to be used as feedstock for a green fuel and green derivatives production, storage and distribution facility. The facility would produce green, hydrogen-rich derivatives for domestic and
Seaside LNG continues its expansion into the US LNG bunkering sector with the acquisition of TOTE Maritime’s bunker barge Clean Jacksonville. The company, backed by the Houston-based investment manager Arroyo, has, via its maritime transportation unit Polaris New Energy, struck a deal to continue fueling TOTE’s LNG-powered containerships and with TOTE Services to continue serving