Author: Anela Dokso

Clean Planet Energy has unveiled two new ultra-clean fuels manufactured to replace fossil fuels in the Marine industry. The products branded under the banner of “Clean Planet Oceans” can provide CO2 reductions of over 75 percent. Both fuels are produced using non-recyclable waste plastics. Clean Planet Oceans includes an ultra-clean Marine Residual Fuel and a premium Marine Distillate Fuel. In addition to the 75 percent CO2 reduction, a significant benefit of these new fuels is the notable decrease in NOx (Nitrogen Dioxide) and SOx (Sulphur Oxide) emissions. NOx and SOx are some of the most common air-pollutants from the burning…

Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, with an expected operational date in the first half of 2022. The project expands Ørsted’s onshore portfolio to Bee County, South Texas. The Helena Energy Center consists of 268 MW Helena Wind and 250 MWAC solar PV Sparta Solar, and has secured contracts with multiple corporate offtakers including Henkel for a portion of the wind generation and Target for a portion of the solar generation. As part of the Helena Energy Center project, Ørsted…

Everfuel has started development of its second high-capacity green hydrogen fueling station in Copenhagen. The new H2 station will be located in the Danish capital near the H. C. Ørsted Heat and Power Station. The facility will initially be operated as a medium capacity H2 station prepared for expansion as demand increases. Everfuel has signed a long-term land lease agreement with Ørsted for the site and has applied for permits to install the initial H2 station and to later supplement this with a high-capacity unit. Subject to completion of the permitting process, Everfuel expects the station to be operational late…

A new research project will develop cutting-edge technologies that will advance efforts towards capturing the huge renewable power of the oceans. Led by Professor George Aggidis, and involving researchers from Lancaster University’s Department of Engineering and the Energy and Environment Institute, University of Hull, the £1 million NHP-WEC (Novel High Performance Wave Energy Converters) project is being funded with £798,000 from the Engineering and Physical Sciences Research Council (EPSRC), as well as partner university contributions. The research team will advance ‘wave energy conversion’ (WEC) technologies by developing the critical control and monitoring systems that will make wave energy machines more…

ENEOS Corporation has signed a Memorandum of Understanding (MoU) with the Saudi Arabian Oil Company (Aramco) to investigate potential opportunities for establishing a blue hydrogen and blue ammonia supply chains. ENEOS and Aramco intend to engage in collaborative feasibility studies to evaluate the production of blue hydrogen and blue ammonia in Saudi Arabia from hydrocarbons, such as NG and LPG as well as the capture of associated carbon dioxide emissions. Additionally, ENEOS and Aramco intend to assess various hydrogen chemical carriers, including ammonia and MCH for the purpose of transporting hydrogen from Saudi Arabia to Japan and other markets. Japan…

The U.S. Department of Energy (DOE) plans to cut the cost of solar energy by 60% within the next ten years, in addition to nearly $128 million in funding to lower costs, improve performance, and speed the deployment of solar energy technologies. These investments support the Biden-Harris Administration’s climate goals and will pave the way for affordable decarbonization of the energy system and a robust clean energy economy. “In many parts of the country, solar is already cheaper than coal and other fossil fuels, and with more innovation we can cut the cost again by more than half within the…

Egil Ulvan Rederi has been hired by HeidelbergCement Norway and Felleskjøpet AGRI to build and operate the world’s first zero emission cargo ship. The ship concept has been developed in close cooperation with Norwegian Ship Design – TNSDC. The two cargo owners, HeidelbergCement and Felleskjøpet, aim to establish a sustainable transport system without emissions of greenhouse gases. The transport system will combine the cargoes of the two companies, carrying aggregates from western to eastern Norway and grain in the opposite direction. “As a company we have worked hard to be innovative and leaders in developing bespoke and energy efficient ship…

International Renewable Energy Agency (IRENA) has assessed renewables readiness in Albania. A new report published IRENA shows that Albania could significantly improve its energy security and reduce energy system vulnerability to climate impacts by deploying its vast solar and wind resources. Full exploration of national renewable energy potential will also offer important socio-economic benefits, including job creation, new income streams, local industrial development, and reduced air pollution. Albania has some of Europe’s highest sunshine hours per year that can be used to generate electricity from solar PV, and heat water by continued installation of solar thermal panels. In addition, cost-effective…

Direxion has launched the Direxion Hydrogen ETF (HJEN). HJEN invests in 30 companies in the hydrogen industry leading the way towards net-zero emissions by providing more accessible, efficient and sustainable solutions. “Hydrogen is the lightest and most abundant element in the universe, and it may be the key to fulfilling the world’s growing energy needs, while fighting climate change. With the launch of the Direxion Hydrogen ETF, investors now potentially have diversified exposure to the companies powering today’s dynamic hydrogen economy.”David Mazza, managing director at Direxion. HJEN seeks investment results, before fees and expenses, which track the Indxx Hydrogen Economy…

Aker Solutions and Doosan Babcock have teamed up deliver projects for low-carbon solutions and renewable energy in the UK. The partners will particularly focus on pursuing and winning contracts for new hydrogen production plants, and facilities for carbon capture, utilization and storage (CCUS). Opportunities for other projects within the process and energy industries will also be explored. The duo has signed a memorandum of understanding (MoU) and established a team with key people from both organizations. The combination of Aker Solutions and Doosan Babcock provides a full engineering, procurement, construction and installation (EPCI) solution for the UK’s progressive energy transition…