Swedish-Israeli company Eco Wave Power has signed a Memorandum of Understanding (MoU) with maritime engineering company Lian Tat Company (LTC) to bring its wave energy technology to Taiwan. The two parties are planning to enter into negotiations for the establishment of a joint venture (JV) company
New Joint Forum, an initiative that will foster a dialogue between industry leaders and investors to advance decarbonisation with clean hydrogen and derivatives, has been launched. The Joint Forum was launched on 22 June by the Hydrogen Council, a global coalition of CEOs with a united vision and lo
UAE-based ports and logistics giant DP World is ramping up its adoption of renewable energy at the Port of Santos, Brazil’s top multipurpose private terminal. This initiative is part of DP World’s global strategy to achieve carbon neutrality by 2040. The initial phase focuses on replacing diesel fue
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately
Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro
Orkney-based Green Marine has secured financing from Siemens Financial Services (SFS) with the aim of growing its offshore renewables offering. Green Marine stated that it was seeing a rapid growth opportunity driven by a massive increase in global interest in green energy sources and many businesse
German chemical company K+S Aktiengesellschaft (K+S) and Swire Bulk have entered into a formal partnership to develop decarbonization solutions as they forge forward with efforts to decarbonize their operations and cut greenhouse gas emissions in the maritime supply chain. The partnership builds upo
Brooklyn-based technology startup Amogy has inked a pre-order contract for the supply of four of Amogy’s 200 kW ammonia-to-power systems with an undisclosed ‘renowned’ Norwegian shipping company. Amogy said that the newbuild vessel will be outfitted with a total of 800 kW of Amogy powerpacks, adding
Is the saga about the Labour Party’s plans for the UK’s oil and gas industry reaching a softer stance while plans for renewables remain firm?
The European Commission (EC) has formally published the two delegated acts outlining detailed rules on the EU definition of renewable hydrogen. The first act defines under which conditions hydrogen, hydrogen-based fuels or other energy carriers can be considered as renewable fuels of non-biological
Canada could reap numerous benefits from investing in infrastructure that would enable the uptake of low and zero emissions shipping fuels, according to a new study from global sustainable development consultancy Arup carried out in partnership with Lloyd’s Register (LR) Maritime Decarbonisation Hub
Governments of South Africa, the Netherlands and Denmark have concluded a Heads of Agreement (HoA) with the intention to launch a new SA-H2 Fund, an innovative blended finance fund that will facilitate and accelerate the development of a green hydrogen sector and circular economy in South Africa. Th
The recently introduced Infrastructure (Wales) Bill, which includes a new unified consenting process for significant projects in Wales – both on land and in the sea – has been characterised as transformative for marine energy. The Infrastructure (Wales) Bill was introduced on 12 June as an important
Gas carrier owner and operator Navigator Holdings has signed a non-binding memorandum of understanding with Bumi Armada Berhad, one of the world’s largest floating infrastructure operators, to establish a joint venture company to provide CO2 shipping and injection solutions in the United Kingdom. Th
