In Vietnam, Vietnam Investment Review reported that a groundbreaking ceremony was held on July 20 for a new waste-to-energy plant in Cu Chi district, Ho Chi Minh City. The project is being developed by Bamboo Capital Group (BCG). The first phase of the project is valued at $252.6 million and will have the capacity to […]
In New York, Nexus Development Capital, LLC (NDC), announced an investment of approximately $9 million in Castlerock Biofuels, a joint venture company led by Ensyn Corporation and Castlerock Green Energy (CGE). The company noted that this investment marks a substantial step forward in the development of renewable fuel production facilities in the United States. Castlerock […]
In Singapore, MarineLink reported that the Global Centre for Maritime Decarbonization in Singapore (GCMD) announced that it had completed the final trials of biofuels for ships, with German container company Hapag-Lloyd as well as energy giant BP. The report noted that GCMD started a project in 2022 to test various biofuel blends and reduce carbon […]
In Italy, Eni said it has signed a temporary exclusivity agreement with KKR, a global investment firm, aimed at progressing the due diligence phase and completing the drafting of the documents related to the sale of a 20% to 25% stake in its biofuels unit Enilive, based on a valuation of the company between $12.5 […]
In the UK, Global Construction Review reported that researchers at the US state-funded National Renewable Energy Laboratory (NREL) noted that wind farms off the coast of New York could power green hydrogen production at below $2 a kilogram by 2030. They evaluated four different scenarios to calculate the potential “levelized cost” of a wind-hydrogen system […]
In India, Bio Energy Times reported that India’s Minister of State in the Ministry of Petroleum and Natural Gas, Suresh Gopi, highlighted that the Global Biofuels Alliance (GBA) has its current membership to 24 member countries and 12 international organizations since its inception. GBA was inaugurated by India’s Prime Minister Narendra Modi alongside leaders from […]
In Philippines, Hydrogène de France (HDF Energy), said it has strengthened its partnership with the Department of Energy (DoE) and the Mindanao Development Authority (MinDA) by signing a joint Memorandum of Understanding (MoU). This agreement aims to drive research and development in efficient technologies for harnessing renewable energy sources and locally produced green hydrogen for […]
In Germany, Enapter AG said it is expanding its market position in the field of AEM technology with further sales successes in Italy. After Enapter received two orders for a total of four AEM Nexus from Italy in the first quarter of 2024 , Cogne Acciai Speciali SpA, a manufacturer of stainless steel and nickel […]
In Germany, EnBW said it initially intends to invest around $1.08 billion in establishing and expanding a national hydrogen core network, which, according to the German government’s plans, is set to be built by 2032 and become a key component of a future European Hydrogen Backbone (EHB). The connection to the core network will especially […]
In Iowa, SunHydrogen announced that the company has entered into a technology collaboration agreement with CTF Sola to integrate CTF’s solar cell modules into SunHydrogen’s technology for green hydrogen production. Over the past eight months, SunHydrogen said it has successfully adapted CTF Solar’s commercial solar cell module design to create a 100 cm2 hydrogen module […]
