In the UK, Velocys has begun a new chapter following the completion of its take-private on January 18, 2024. As part of the transaction, a new consortium of growth investors, including Carbon Direct Capital, Lightrock, GenZero and Kibo Investments, has infused Velocys with $40 million of growth capital. The funds will be used to accelerate […]
In the UK, Peel Ports Logistics has signed a deal to become renewable energy specialist Drax’s new shipping agency service provider for vessels importing biomass into Liverpool. The leading shipping and freight forwarder will support the arrival of all Drax’s ships from locations such as North America into the Port of Liverpool’s £100m biomass terminal. […]
In the UK, Linde has started supplying clean hydrogen and captured carbon dioxide to Celanese. Linde is supplying Celanese with carbon dioxide captured from its state-of-the-art carbon monoxide and hydrogen production facility at Clear Lake, Texas. Celanese will use the captured carbon dioxide and resulting clean hydrogen, along with other carbon dioxide sources, as feedstock […]
In the United Kingdom, Ivy Farm Technologies is looking for regulatory approval to sell a cultivated meat Scotch egg developed in collaboration with Fortnum & Mason, a storied, London-based department store. Scotch eggs are a popular British dish consisting of a hard-boiled egg wrapped in sausage meat, coated in breadcrumbs, and then baked or deep-fried. […]
In the UK, Viking CCS, the Humber-based CO2 transportation and storage network led by Harbour Energy [together with partner bp], announced that Technip Energies has been awarded the Front-End Engineering Design (FEED) contract for the project. The contract includes responsibility for the design of the CO2 transportation system and is another important milestone for the […]
In the UK, The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime Organization (IMO), for a Zero Emission Shipping Fund (ZESF). The purpose is to accelerate transition by the global commercial shipping fleet to net zero emissions by 2050 and support the maritime GHG […]
In the UK, a consortium led by sustainable technology firm Sonichem said it has been granted nearly $765,000 in funding from Innovate UK’s “resource efficiency for materials and manufacturing” (REforMM) program. The funding will accelerate the development of the proprietary Sonichem ultrasound technology and the production of renewable alternatives to petrochemicals commonly used in the […]
In the UK, Lloyd’s Register (LR) and Green Marine, a Danish consulting service provider that specializes in methanol as marine fuel, have joined forces to offer value-adding solutions to maritime stakeholders that aim to build or retrofit and operate vessels with methanol-as-fuel technology, with a prime focus on training. Green Marine has developed experienced-based training […]
In the UK, General Index has completed a Series A funding round of $12m, led by 20VC and Chalfen Ventures, to continue building superior, more accessible commodity prices to ensure better management of the world’s resources. Since the previous investment round in 2021, GX has grown substantially, aggregating trade data from over 150 data partners […]
In the UK, Emirates has joined as the latest member of the Solent Cluster as it shares its long-term aspiration to secure UK-produced Sustainable Aviation Fuel (SAF) with the low carbon initiative. Emirates joins over 100 members, alongside founding members the Solent Partners (previously the Solent LEP), global energy provider ExxonMobil and University of Southampton. […]
