Author: EnergyNews.biz Newsroom

Wärtsilä and Abu Dhabi Maritime Academy have signed a five-year memorandum of understanding aimed at addressing structural barriers to sustainable maritime operations across the UAE and potentially the wider GCC.

Samsung SDI and Korea East-West Power have signed a memorandum of understanding at the StarPlus Energy facility in Indiana, marking a strategic collaboration aimed at accelerating energy storage system (ESS) deployment and renewable energy initiatives globally.

Tesla closed at $411.11 on February 6, gaining 3.5%, before extending modest overnight gains to $414.13. The company’s market capitalization hovers around $1.37 trillion, yet investor sentiment is increasingly influenced by Tesla’s pivot from a pure electric vehicle manufacturer to a vertically integrated energy and physical AI infrastructure platform.

Brazil’s biofuels sector has long been anchored in ethanol, but mounting pressure to decarbonize aviation and diversify feedstocks is shifting attention toward less conventional pathways.

Vema Hydrogen has drilled its first two pilot wells in Quebec, launching what it describes as the world’s first field test of Engineered Mineral Hydrogen, a method designed to produce hydrogen directly from subsurface rock formations.

Germany’s green hydrogen pipeline continues to move selectively from strategy papers to steel in the ground, with bp confirming a 100 megawatt electrolyzer project that, once commissioned in 2027, is expected to produce up to 11,000 metric tons of green hydrogen annually. The contract awarded to Bilfinger, as part of a consortium responsible for prefabrication, assembly, and installation of key plant components, provides a window into how large energy companies are now prioritizing execution capacity over headline ambition.

Brazil’s push to integrate energy storage into its power system is moving from pilot deployments toward industrial scale, with WEG confirming plans to build a dedicated battery energy storage systems manufacturing plant in Itajaí, Santa Catarina, backed by 280 million reais in financing from Brazil’s development bank BNDES.

The European Investment Bank’s approval of a €3 billion Frontloading Facility underscores growing concern within EU institutions that the rollout of the second Emissions Trading System for heating and road fuels could face public resistance unless its social impacts are managed well in advance.

With carbon capture and storage infrastructure advancing unevenly across the Midwest, Iowa lawmakers are now testing whether fiscal policy should shape the state’s role as a CO2 transport corridor.

After more than five years of stalled progress, construction has officially begun on a large-scale green hydrogen and renewable energy project in South Taranaki, underpinned by a NZD 19.9 million government investment and a total project budget estimated at up to NZD 112.3 million.