In Colorado, DataHorizzon Research reported that the biobased PET market size was valued at $542.9 Billion in 2023 and is expected to reach a market size of $1.05 trillion by 2032. According to the research, the market is expected to expand at a CAGR of 7.6% during the period. “The biobased PET market is experiencing […]
In the UK, F1 team Mercedes-AMG Petronas announced an extended use of HVO100 as part of its ambition for a 100% biofueled European logistics season in 2024. In 2022 and 2023 the fleet of Mercedes-Benz Actros trucks were powered by the alternative HVO100 fuels, and last season helped the team achieve a 67% reduction in […]
In Denmark, Scan Global Logistics (SGL), a global provider of transport and logistics solutions, and shipping company Hapag-Lloyd, announced a partnership with a multimillion-dollar ocean biofuel initiative. Under the terms of the deal, SGL and Hapag-Lloyd have embarked on an initiative to integrate biofuels into their shipping operations. By utilizing biofuel derived from renewable sources, […]
In Japan, Kawasaki Kisen Kaisha (“K” LINE) announced that it has conducted its first trial use of marine B100 biofuel which was supplied by global energy management company World Fuel Services on car carrier “APOLLON HIGHWAY” operated by “K” LINE. The firm noted that the marine B100 biofuel was delivered to the vessel at the […]
In the UK, The University of Birmingham reported that a new type of recyclable resin, made from biosourced materials, has been designed for use in 3D printing applications. In a study, published in Nature magazine, researchers from the University of Birmingham showed that high-resolution, 3D printed structures can be manufactured from an entirely bio-sourced feedstock. […]
In Australia, ESG Today reported that the government of Australia announced a series of large-scale investments aimed at boosting the country’s clean energy sector, including plans to invest $5.3 billion in hydrogen production and technology over the next 10 years. The report noted that the new investments were announced with the release of the government’s […]
In Latvia, Fokker Next Gen N.V. and Air Baltic Corporation, Latvia’s national airline, are pleased to announce a Memorandum of Understanding (MoU) to cooperate in the hydrogen field. This memorandum stipulates that airBaltic will contribute to the development of the Fokker Next Gen liquid hydrogen combustion powered commercial aircraft. Martin Gauss, President and CEO of […]
In Scotland, RWE announced plans to develop a green hydrogen project at Grangemouth, Scotland. Under the terms of the project, RWE will supply the first hydrogen produced to INEOS Grangemouth. Once developed, consented and operational, the initial capacity is anticipated to be up to 200MWe, potentially producing up to 3.6 tons of hydrogen per hour, […]
In Spain, Cepsa said it has selected Siemens Energy for the supply of 100 megawatts (MW) of Proton Exchange Membrane (PEM) electrolysis technology for green hydrogen production at its La Rábida Energy Park in Palos de la Frontera (Huelva), southern Spain. Cepsa is developing 400 MW of green hydrogen production in Huelva as part of […]
In The Netherlands, Power Engineering International reported that Climate Impact Corporation (CIC) announced a non-binding agreement with GE Vernova’s Power Conversion business to collaborate on a design of highly efficient green hydrogen production modules. The ultimate objective of the partnership is to achieve a $2 per kilogram production price for green hydrogen, according to the […]
