Author: Anela Dokso
Air Products’ sudden decision to halt its liquid hydrogen plant in Massena stands out amid broader industry trends. The company, who aimed to inject $800 million into this environmentally pivotal project, has halted operations, citing market volatility and strategic realignment as primary factors.
AMEA Power has recently signed agreements to initiate the development of 1,500MWh battery energy storage systems in Egypt, setting its sights on becoming a prominent player in North Africa’s renewable energy domain.
In a significant move that underscores Europe’s strategic focus on battery production, a €2 billion lithium battery factory project has been initiated in Sines, Portugal.
The surge in global adoption of renewable energy sources such as solar, wind, and hydrogen reveals a compelling need for sophisticated energy storage systems.
Korea’s two largest construction firms, Samsung C&T and Hyundai E&C, are intensifying their focus on the hydrogen sector to navigate downturns in the domestic housing market and declining Middle Eastern orders.
Denmark-based GreenGo Energy’s recent partnership with the Mauritanian government heralds a significant leap towards renewable energy in Africa.
The latest development in this sector is the partnership between Fleet Space, an eminent space exploration firm in Australia, and Koloma, a leader in natural hydrogen exploration technology. This alliance promises to accelerate the discovery and utilization of natural hydrogen resources through the integration of cutting-edge technologies. Koloma has pioneered a data-driven approach to hydrogen exploration, utilizing advanced analytics and proprietary datasets to pinpoint viable hydrogen reserves. This methodology is set to undergo a transformative enhancement with the integration of Fleet Space’s ExoSphere platform. The real-time 3D subsurface imaging capabilities of ExoSphere will enable Koloma to map out potential hydrogen-bearing…
Energy prices continue to escalate in the UK, placing additional strain on households as they approach a new financial forecast. The energy regulator Ofgem has announced a forthcoming increase in the price cap, which will become effective April 1, 2025.
The shipping industry’s sustainability challenge remains pressing, with the sector accounting for approximately 3% of global CO2 emissions annually, as reported by the International Maritime Organization. In response to increasing regulatory and societal pressure to reduce its carbon footprint, the shipping industry is exploring alternative energy sources, among which Small Modular Reactors (SMRs) have emerged as a considerable contender. Recently, a South Korean company announced its plans to construct a container ship powered by a small modular reactor, sparking interest across the maritime sector. This move signifies a growing trend towards nuclear propulsion in commercial maritime applications, a technology traditionally…
Norway, already a global leader in electric vehicle adoption with EVs accounting for over 80% of new car sales in 2023, is facing significant grid management challenges. As the country pushes towards complete electrification of transport, the strain on its energy infrastructure intensifies, particularly during peak hours. Volue, a Norwegian tech company specializing in energy, energy markets, and sustainable technology, has entered into a noteworthy collaboration with the Norwegian EV charging association to address the strain through the promotion of grid-smart charging solutions. Grid-smart charging, a critical innovation as the nation scales EV integration, refers to technology-enabled charging that utilizes…
