In Denmark, Kvasir Technologies has raised an investment round of EUR2.15 million from lead investor VÅR Ventures with participation from Maersk Growth. With this investment round, Kvasir Technologies has raised nearly EUR7 million this past year, including a EUR2.5 million non-dilutive grant from the European Innovation Council (EIC) and various other project grants. The funding […]
In South Korea, HMM announced that it plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with SHI (Samsung Heavy Industries) and PANASIA in the second half of this year. OCCS is an advanced technology to capture CO2 from greenhouse gas emissions generated during vessel operation, ensuring it is […]
In Germany, NERATEC recently held the groundbreaking ceremony for its pioneering power-to-liquid (PtL) plant in the industrial park Frankfurt Höchst together with Hesse’s Economics Minister Tarek Al-Wazir. Starting in 2024, the plant will produce up to 2,500 tons of sustainable e-fuels annually, making an important contribution to achieving climate-protection targets. The PtL plant will use […]
In Texas, Lummus Technology and RWDC Industries, a biotechnology company developing biopolymer material solutions, recently signed a memorandum of understanding (MOU) to cooperate on global PHA deployment initiatives. The MOU is an important step toward a joint development that will rapidly grow the manufacturing of polyhydroxyalkanoates (PHA) through global licensing opportunities. With Lummus’ expertise in […]
In France, Veolia said it has been awarded the contract for the operation and maintenance of Turkey’s first waste-to-energy plant in Istanbul. With a processing capacity of approximately 1.1 million tons of non-recyclable household waste per year, the plant will allow to save nearly 1.5 million tons of carbon emissions per year notably through the […]
In Brazil, BNamericas reported that Brazil has extended the deadline for fuel distributors to meet their mandatory acquisition target of decarbonization credits (CBIOs) under the national biofuel program RenovaBio. Through a decree published on April 26, the deadline for meeting the 2022 target was kept at September 30 of this year, but the deadline for […]
In South Korea, logistics group HMM said it has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels. HMM also plans to conduct the trial use of the fuels on its three 24,000 TEU containerships in the second half of this year. The marine biofuels comprise 30% biodiesel derived from used […]
In Sweden, OrganoClick said its biobased binder was certified by TÜV as home compostable. In order to receive a TÜV OK Home Compost certificate, a number of accredited tests need to be passed, including disintegration of the material, biodegradability in home compost conditions, as well as eco-toxicity tests, the company said. OrganoClick’s certificate allows nonwoven […]
In Greece, Mytilineos Energy & Metals said it acquired a 15% equity stake in CLARA Energy’s Rosedale Green Hydrogen project in Australia. In particular, this investment will support commencement of Stage 1 of the Rosedale project to build hydrogen generation facility that will be exclusively powered by solar production and will feed long haul trucks […]
In North Carolina, Power Engineering reported that BMW extended a waste-to-energy agreement to power its local manufacturing plant. Currently, about 20% of the Spartanburg plant’s total energy needs are provided by landfill gas. The company announced last week that it will extend its partnership with Ameresco for an additional eight years. Ameresco had constructed the […]
