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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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Moller - Maersk (Maersk) is entering strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025. The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and WasteFuel. European Energy (Denmark). Orsted (Denmark).

Green 199
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Anaergia to supply CO2 to European Energy A/S for green e-methanol production as fuel for container ships

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Waste-to-biogas company Anaergia Inc. European Energy, a major multinational renewable wind and solar energy producer, will produce green e-methanol from this biogenic CO 2. Anaergia will provide the liquified CO 2 from the anaerobic digesters that will operate at its plant being built in Tønder, Denmark.

Green 186
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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.

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Vattenfall may provide hydrogen for Preem large-scale biofuel project

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Preem, the largest fuel company in Sweden, and Vattenfall have concluded an agreement to investigate the potential Vattenfall’s providing of hydrogen gas in the large scale production of biofuel for the Swedish market. Preem and Vattenfall will set up a work group and pilot study which are financed by both parties.

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First European Lighthouse Project for Hydrogen Fuel Cars to Launch in Norway; 17 Fuel Cell Vehicles and Refueling Station in 2011

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million (US$25 million) financed by company contributions as well as European and national funding from Norway and Denmark. The hydrogen supply will be based on a combination of onsite production and trucked-in hydrogen, all based on Norwegian electricity of which more than 90% is based on renewable hydro and wind power.

Norway 199
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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

Green 150
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. High electricity rates are burdening private households and industry alike and threatening Germany’s competitiveness, the company noted.

Germany 239