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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Woodside, 6 Japanese partners to conduct feasibility study on lower-emissions ammonia supply chain from Australia to Japan

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Ammonia does not emit carbon dioxide during combustion and is considered a promising next-generation lower-emission fuel for energy-intensive thermal power plants and marine engines. .; and Hokkaido Electric Power Co.

Japan 195
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TECO 2030 aims to build hydrogen fuel cell gigafactory in Norway

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We are optimizing fuel cells from the bottom up for heavy-duty marine use. TECO 2030 plans to deliver a marine hydrogen solution that is more efficient, compact and durable than fuel cells based on modified automotive stacks. Financing alternatives are being evaluated. —Tore Enger, CEO of TECO 2030 ASA.

Norway 468
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Liquid Wind raises €4M in equity to produce eFuel

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Investors in the eMethanol facility developer include Alfa Laval, Carbon Clean, Falkor, Haldor Topsoe, Siemens Energy and Uniper. A Power-to-Fuel company, Liquid Wind will develop and finance facilities to produce carbon-neutral liquid fuel, eMethanol.

Wind 186
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DOE issues RFI on renewable fuel scale-up and demonstration

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The RFI, titled “Overcoming Barriers to Renewable Fuel Scale-Up and Demonstration,” ( DE-FOA-0002615 ) seeks input from biofuels producers and technology developers about their readiness to scale process technologies to pilot- and demonstration-scale sustainable aviation fuel (SAF), renewable diesel, and renewable marine fuels.

Renewable 186
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Sasol and ITOCHU to partner on green ammonia and hydrogen

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MUFG Bank Ltd, one of the largest Financial Institutions in the world, and a market leader in sustainable financing solutions, witnessed the signing of the MoU. Green ammonia is produced from green hydrogen, which in turn is produced from renewable electricity (solar and wind) via an electrolysis process.

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Shipping industry companies launch new zero-carbon shipping research center

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A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. The shipping sector accounts for around 3% of global carbon emissions. The founding company partners behind this initiative are ABS, A.P.