In Florida, The Maritime Exclusive reported that Singapore-based X-Press Feeders was on track to launch green shipping corridors in Northern Europe during the third quarter of this year following the inking of a landmark agreement with six ports. The report noted that the company had sigmed memorandum of understanding with the ports of Antwerp Bruges […]
In Texas, SNS Insider reported that the global bio-based leather market size was valued at $725 million in 2022 and is projected to reach $1.2 billion by 2030. This growth translates to a compound annual growth rate (CAGR) of 6.5% over the forecast period (2024-2031). “The market’s expansion is fuelled by a confluence of factors, […]
In Louisiana, Strategic Biofuels announced a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company’s flagship Louisiana Green Fuels (LGF) project, […]
In Washington DC, the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) and Office of Fossil Energy and Carbon Management (FECM) announced the MACRO: Mixed Algae Conversion Research Opportunity funding opportunity announcement (FOA). The FOA will award up to $18.8 million to address research and development challenges in converting algae, such as seaweeds and other […]
In Belgium, the European Commission has approved a $2.4 billion German scheme to support investments in the decarbonisation of industrial production processes to foster the transition to a net-zero economy. Under this measure, the aid will take the form of direct grants. The measure will be open to companies relying on the use of fossil […]
In Switzerland, Axpo said it has signed a cooperation agreement with French energy investor ENEGO to study the feasibility of a 100 MW green hydrogen plant in Sicily, Italy. The project is expected to be located in the Priolo-Augusta industrial complex on the island’s east coast. The new plant would help meet demand for green […]
In India, ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding (MoU) to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology. Both companies said they intend to extend the partnership […]
In Australia, Fortescue has officially opened its electrolyzer manufacturing facility in Gladstone, Queensland, Australia. The 15,000sqm advanced manufacturing facility will have capacity to produce over 2GW of Proton Exchange Membrane (PEM) electrolyzer stacks annually. Fortescue Energy CEO Mark Hutchinson said the Gladstone facility, which produces electrolyzers designed in-house by Fortescue teams in Australia and the […]
In Germany, commercial vehicle manufacturer MAN Truck & Bus said it will be the first European truck producer to launch a small series with a hydrogen combustion engine. The initially planned small series of around 200 units is to be delivered to customers in Germany, the Netherlands, Norway, Iceland and selected non-European countries as early […]
In Belgium, the European Commission has approved, under EU State aid rules, a $380 million German scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s “Auctions-as-a-Service” tool. The German measure is in line notably with the objectives of the REPowerEU Plan and the European Green Deal Industrial Plan. It will contribute […]
