Hydro Tasmania and Bell Bay Powerfuels have signed a term sheet for the sale of the decommissioned Bell Bay Power Station following an Expression of Interest process launched by Hydro Tasmania in December 2022. Australian company ABEL Energy said the selection of the site now accelerates the develop
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
MOL Clean Energy (MCE), a subsidiary of Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), has made a strategic investment in Ascension Clean Energy (ACE), a proposed global-scale clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. The strategic investment b
Australian Provaris Energy, former Global Energy Ventures (GEV), has launched the development of a large-scale production plant for green hydrogen at Ørskog in Ålesund municipality, Norway. The company has announced the development of the project in collaboration with Norwegian Hydrogen, stating it
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has introduced its new corporate strategy for the period 2023-2050 which is centred around the efficiency of current activities, preparation for the energy transformation and transition towards activities in the new energy field. The strategy, wh
Norwegian ammonia producer Yara Clean Ammonia has joined forces with Spanish multinational energy company Cepsa on the development of first green hydrogen corridor between the ports of Algeciras and Rotterdam.
Copenhagen Infrastructure Partners (CIP) has made a strategic investment in CWP Global’s development portfolio of ultra-large-scale green hydrogen hubs, including projects across Africa, Australia and the Americas. CWP Global, a developer of renewable energy, currently has a green hydrogen hub portf
Port of Bilbao and Port of Amsterdam have signed a Memorandum of Understanding (MoU) to join forces for the development of a renewable hydrogen corridor between Bilbao and Amsterdam.
Iberdrola, ACE Terminal and Hynetwork Services have signed two agreements to bolster the establishment of the green hydrogen maritime corridor between Spain and the Netherlands. The agreements were signed on 13 June when the Executive Chairman of Iberdrola, Ignacio Galan, received His Majesty the Ki
The European Hydrogen Bank, an initiative by the European Commission to facilitate both renewable hydrogen production within the EU and imports, has been linked with Germany’s H2Global support scheme to enhance global hydrogen ramp-up. European Commissioner for Energy Kadri Simson and German Federal
Lhyfe and Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal. Under the agreement, the two companies will work together to create hydrogen production sites at some of the offshore wind farm sites currently bein
In a first-of-its-kind report, International Energy Agency (IEA) has presented how rich renewable resources and vast land expanses could make Oman a competitive low-emissions hydrogen supplier by 2030. The report called Renewable Hydrogen from Oman: A Producer Economy in Transition is the first IEA
A total of 5.5% of fleet capacity today is alternatively fuelled, up from 2.3% in 2017, according to Clarksons’ Green Technology Tracker, which estimates the figure to reach 6.5% by 2025. Although alternative-fuelled newbuild ordering has been a little slower in 2023 to date, 48% of overall orderboo
Japanese energy company JERA and its two German counterparts EnBW and VNG have teamed up to study the feasibility of constructing an ammonia cracker demonstration plant. To this end, the parties signed a memorandum of understanding (MoU) to jointly examine the feasibility of the construction of a de
