Month: December 2023

X-Press Feeders, the world’s largest independent common carrier, plans to lead the global maritime industry by using dual-fuel vessels, powered by green methanol, to create ‘green routes’ in early 2024 year to the Scandinavia-Baltic region of northern Europe. The maritime shipping company, which operates a fleet of more than 100 vessels, has 14 dual-fuel vessels …

X-Press Feeders poised to launch green shipping routes to Baltic States and Scandinavia Read More »

A new electric timber truck, believed to be the first of its kind in the UK, is now in operation in the Highlands as part of a forestry trial to help decarbonise the sector. Scotlog Sales Ltd of Inverness has taken delivery of the new 44 tonne wagon, which will transport timber shipped in from …

Highland electric timber truck hits the road in drive to Net Zero Read More »

ANNEA, a climate tech startup automating predictive maintenance and performance optimization in renewable energy, has raised USD 2.9 million (€2.75 million) in Seed funding. The round, led by Voyager Ventures, also saw participation from existing investors Innoport and Faber Ventures. ANNEA’s disruptive optimization technology significantly enhances renewable energy production from existing infrastructure by an average …

ANNEA secures USD 2.9 million to increase profitability of wind energy with next-generation predictive maintenance software Read More »

The COP28 climate summit approved a deal this week that, for the first time, pushes nations to transition away from fossil fuels to avert the worst effects of climate change. As the vast and somewhat polarising event has drawn to a close, there have been significant announcements to drive forward green hydrogen development, including a …

Capitalise on COP28 takeaways at the upcoming WorldHydrogen MENA Congress 2024, Dubai Read More »

Eolus has signed an agreement to acquire YIT Energy Oy, the renewable energy division of Finland’s largest development and construction company YIT. The acquisition includes 2.3 GW renewable energy projects and a team of 16 employees. Eolus will acquire 100% of the shares in YIT Energy Oy, a wholly owned subsidiary of YIT, for a …

Eolus strengthens the position in Finland through acquisition of YIT Energy Oy with a project portfolio of 2.3 GW Read More »

Acelen Renewables is a recently established energy company poised to actively participate in the global energy transition. With a project targeting an investment exceeding $2.5 billion, its primary focus is on the production of renewable fuels – Sustainable Aviation Fuel (SAF) and Renewable Diesel – utilizing the native Brazilian plant, Macaúba. Acelen Renewables is a …

Acelen Renewables enters the market with a global-scale energy transition project that targets an investment of over $2.5 billion Read More »

The Net Zero Technology Centre (NZTC) and its international partners have announced the launch of a unique Technology Without Borders initiative to bridge the net zero energy technology gap between nations in the Global North and the Global South. Scotland-based NZTC is a not-for-profit organisation working with industry, government, and academia, driving technology innovation to …

Net Zero Technology Centre launches Technology Without Borders initiative at COP28 Read More »

Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port. The project will provide an Australian LNG fuel supply capability through a new facility for the conversion of pipeline natural …

New LNG production and marine bunkering capability with a pathway to IMO 2050 ‘zero-emissions’ Read More »

(Photo by COP28 / Christophe Viseux) For the first time at the United Nations Framework Convention on Climate Change’s (UNFCCC) Conference of the Parties (COP), the COP28 Presidency of the United Arab Emirates has launched the inaugural COP28 Business and Philanthropy Climate Forum, convening more than 1,000 CEOs and philanthropists from over 80 countries. The …

His Highness Sheikh Mohamed Bin Zayed Al Nahyan and His Majesty King Charles III open inaugural Business & Philanthropy Climate forum Read More »