The US Department of Energy (DOE) has decided to invest $59 million to fast-track the production of biofuels and bioproducts to cut emissions in various sectors. The funding will help DOE set the objective of advancing the use of bioenergy, achieving cost-competitive biofuels, and reaching a net-zero carbon economy by 2050. For that it plans
GreenZo Energy Pvt Ltd, an Indian renewable energy consulting and project developer, is planning to invest in establishing a 250-MW electrolyser facility. The facility will help to reduce the country’s reliance on imported green hydrogen manufacturing equipment. The company plans to expedite the green hydrogen project by the end of 2025 by investing between $0.039
JSW Energy is soon expected to announce its first green hydrogen project. The company announced that targets to reach 20 Gw of power generation capacity by 2030, with about 85% of this capacity via renewable energy. JSW in July last year announced entering into a framework agreement with Australian Fortescue Future Industries to collaborate on
Ocean Network Express (ONE) has ordered 10 13,700 teu containerships from Hyundai Heavy Industries (HHI) and Nihon Shipyard Ltd. The order is split equally between HHI and Nihon Shipyard and the ships are slated to be delivered by 2025. Newbuilding orders are designed to help reduce the container line’s carbon footprint. The orders form part
NYK, a Japanese shipping firm, has entered into a partnership agreement with Power X Inc, a company that develops a sustainable energy ecosystem with integrated energy storage products. As per the agreement, both companies will focus on R&D projects including marine ESS, power transfer vessel ‘Power Ark,’ battery-powered vessels, ship electrification, and zero-emission ports. The
Explora Journeys has opted to switch the third and fourth ships of Explora to LNG propulsion. Explora III and IV will have engines powered by liquefied natural gas (LNG). LNG is believed to play a key role in climate change mitigation with the potential to reduce CO2 emissions by up to 25% compared to standard
Auramarine Ltd has invested in the development of the first Methanol Fuel Supply Units to meet the demand for methanol as a promising future fuel. The units are suitable for both two-stroke and four-stroke engines and can be adapted to suit the conversion of existing engines to dual-fuel methanol operation. The company has received substantial
Elektra is the hydrogen-powered push boat launched in Berlin. The vessel has taken shipbuilder Hermann Barthel and its partners two years for its development. With 750 kilos of high-pressure compressed hydrogen on board and a battery capacity of about 2,500 kilowatt hours, the push boat has a range of about 215 nautical miles. The vessel
EnviroWaste, part of the EnviroNZ group, has introduced specialised piece of heavy machinery at the waste processing facility in Auckland. ‘The Beast’ is a machine that turns timber waste into wood chip that can be used for biofuel. The machine is fed truckloads of treated scrap wood and turns it into wood chips, which are
Wärtsilä Voyage, part of the technology group Wärtsilä, and ship manager Anglo-Eastern are proud to announce a significant milestone in their joint project to improve safety and environmental sustainability at sea. As of April 2022, more than 500 vessels in Anglo-Eastern’s fleet have been fitted with Wärtsilä Voyage’s Fleet Optimisation Solutions (FOS), a cutting-edge decision