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Shipping industry companies launch new zero-carbon shipping research center

Green Car Congress

The center, which will be based in Copenhagen, Denmark, is made possible by a start-up donation of DKK 400 million (US$60 million) by the A.P. The center will be a non-profit organization, set up as a commercial foundation with a charitable purpose. The shipping sector accounts for around 3% of global carbon emissions.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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To boost the global production capacity of green methanol, A.P. European Energy (Denmark). European Energy is a global renewable energy company and project developer (wind, solar and Power to X). Orsted (Denmark). The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel.

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Novozymes and Shengquan finalize cellulosic ethanol enzyme supply deal; Shenquan production begins next month

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Shengquan starts production of cellulosic ethanol from its commercial-scale facility month; the production will be cost-competitive with conventional ethanol, as the cellulosic ethanol feedstock is a waste product from Shengquan’s current production, the companies said.

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Danish Parker project developing universal definition for EV integration with electric grid for V2G services

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Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles. —Prof.

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Better Place closes $200M Series C financing; valuation now $2.25B

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Better Place, a developer and provider of electric car networks—including battery switch stations, batteries and public/personal charge spots ( earlier post )—worldwide, has secured $200 million through a Series C equity financing from a consortium of top-tier investors and partners, nearly doubling the company’s valuation to $2.25

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

Polestar’s ( NASDAQ: PSNY ) position as one of two global, pure electric vehicle makers was solidified with a strong Q3 earnings report that featured skyrocketing revenue and gross profit figures and an operating loss that was reduced by one-third. and the USA. The company’s $1.48 It also obtained an additional $1.6

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

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