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First offshore wind lease sale in the Pacific results in >$757M from 5 winning bids

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The Department of the Interior announced results from the Bureau of Ocean Energy Management’s (BOEM’s) wind energy auction for five leases offshore California. The lease sale represents the third major offshore wind lease sale this year and the first ever for the Pacific region. RWE Offshore Wind Holdings, LLC. Earlier post.)

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MOL and Chevron to partner on lowering carbon intensity of marine industry; tankers first

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(MOL) and Chevron Singapore signed a memorandum of understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. They will seek to collaborate on a variety of potential business opportunities that lead to a lower-carbon future.

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Liquid Wind raises €4M in equity to produce eFuel

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Liquid Wind has closed its Series A funding round, securing €4M in equity investment. The investment will be used for the development of Liquid Wind’s first eMethanol production facility, and support plans for further facilities. When used as marine fuel, eMethanol reduces carbon emissions by 94% compared to current fossil fuels.

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Cargill and BAR Technologies bringing wind propulsion to bulk cargo ships

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Cargill and BAR Technologies have embarked on a strategic project with naval architect Deltamarin to bring cutting edge wind propulsion technology to commercial shipping. Through this partnership we will bring bespoke wind solutions to customers who are actively seeking to reduce CO 2 emissions from their supply chain.

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EDP, TechnipFMC and partners to develop a concept study for green hydrogen production from offshore wind: BEHYOND

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coordinator and the entity responsible for the implementation of several phases: the strategic evaluation of the offshore wind-to-hydrogen market; the definition of viable business cases; and the technology roadmap to reach commercial maturity. EDP, through the participation of EDP NEW and EDP Inovação, is the project.

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Chartwell secures £320k Innovate UK Smart Grant to develop methanol-fueled vessel design

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Chartwell Marine has won a £320k Innovate UK Smart Grant. Methanol fuel presents a significant opportunity to decarbonize in a maritime industry which is confronted with the debate over sustainable fuel alternatives, as it can be produced from biomass and can carry a near-zero carbon footprint.

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Biden Administration launching offshore wind offensive

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The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

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