Author: Anela Dokso

Plug Power, Chart Industries and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund. FiveT is a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). The energy industry and many corporations broadly agree the hydrogen economy needs to build scale at speed to succeed and become a key part of the solution to building a net-zero global economy. Investors have an important role…

Chart Industries has completd an investment in Transform Materials in the amount of $25 million for 5% of its equity. Transform Materials is a sustainable chemical technology company that uses microwave plasma to convert natural gas into acetylene and hydrogen. Its highly selective, cost-effective, net-carbon-negative process converts the methane in natural gas into high-value products suitable for direct use or downstream reactions. “We transform methane into acetylene and hydrogen, critical precursors for the synthesis of high-value chemical end products, without using traditional techniques that form carbon dioxide. That means we can meet important future needs of the petrochemical industry without…

Plug Power together with Brookfield Renewable Partners plans to build a green hydrogen production plant located along the Susquehanna River in south-central Pennsylvania utilizing 100% renewable energy from Brookfield’s Holtwood hydroelectric facility. Green hydrogen from this facility will support decarbonization of the broader transportation and logistics industries in the Northeast and the mid-Atlantic. The plant is expected to be online by late 2022, with construction slated to begin by in the first quarter of 2022. Once operational, the plant is projected to produce approximately 15 metric-tons of 100% emissions-free liquid hydrogen per day. It is also expected to create more…

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…