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DEME and partners developing HYPORT DUQM, a large-scale green hydrogen project in Oman

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DEME Concessions and Omani partners are partnering to develop a world-leading, green hydrogen plant in Duqm, Oman. The feasibility phase will be followed by the detailed design and engineering, further project development and finalization of offtake routes and financing.

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Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

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Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel. Earlier post.)

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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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Its energy division—CIMC ENRIC—is a world-leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries. CIMC is a large, industrial conglomerate that has been a partner of Maersk for more than two decades. Proman (Switzerland).

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