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Odfjell first to install suction sails on deep-sea chemical tanker; bound4blue’s eSAIL system

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In partnership with bound4blue , a developer of wind-assisted propulsion technology, Odfjell. a leader in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids, will install the innovative eSAIL system on a chemical tanker, making it the first tanker vessel to harness this technology.

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Argonne study finds rare earth supply disruptions can have long-range impacts

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Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Neither the supply disruption causes nor the categorization approach are inclusive of all those documented in the literature.

Supplies 468
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NEOM Green Hydrogen Company completes financial close of $8.4B for world’s largest green hydrogen plant

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Additionally, NGHC also announced that the non-recourse financing structured for the project has been certified by S&P Global (as the second party opinion provider) as adhering to green loan principles and is one of the largest project financings put in place under the green loan framework.

Hydrogen 186
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Study links PM2.5 pollution with millions of preterm births globally

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million preterm births globally—or 18% of all pre-term births—were associated with outdoor exposure to fine particulate matter (PM 2.5 ).The million global estimate, and China for about another 500,000. The open-access study is published in the journal. Environment International. In 2010, an estimated 14.9 2017.01.023.

Pollution 283
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Shell to close 1,000 gas stations to focus on EV charging deployment

Teslarati

“In total, we plan to divest around 500 Shell-owned sites (including joint ventures) a year in 2024 and 2025,” the company writes on page 28 of the document, as initially spotted by Bloomberg. The report also notes the company’s plans to support key oils used in offshore winds and the development of EV batteries.

Gas 144
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FREYR and 24M sign licensing and services agreement for mass production of Li-ion battery cells; Glencore for raw materials

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FREYR is developing an initial pilot plant, a scalable and modularized 2-25 GWh fast-track facility and a 32 GWh giga-factory using best available technology and globally leading partners powered by low-cost, renewable hydro while also developing a 600 MW wind park.

Li-ion 350
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Global Power Company AES Raises $1.58B Through Stock Sale to China Investment Corp; Approx. 15% Stake

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Global power company AES Corporation entered a binding stock purchase agreement with a wholly owned investment subsidiary of China Investment Corporation ( CIC ) to raise $1.58 billion of new equity to fund growth opportunities and extend its global leadership in the power sector. At close, CIC will acquire 125.5

Global 170