Author Archive: Juan Pedro Tomas

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HAV Hydrogen receives funding for H2 energy system

HAV Hydrogen receives funding for H2 energy system

February 15, 2024 |

In Norway, HAV Hydrogen has received $1.17 million in funding to build, test and certify a full-scale prototype of the company’s Zero Emission Pod – a containerized hydrogen (H2) energy system for ships. The DNV-approved Zero Emission Pod is a complete deck house where several fuel cells are mounted together with a complete hydrogen distribution […]

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Loop Energy and H2 Portable announce merger transaction to create hydrogen industrial equipment firm

Loop Energy and H2 Portable announce merger transaction to create hydrogen industrial equipment firm

February 15, 2024 |

In Canada, Loop Energy and H2 Portable Power Corp. (H2P) announced that they have entered into an agreement with the aim of forming a leading hydrogen industrial equipment company Under the merger agreement, Loop will acquire all of the issued and outstanding common shares of H2P, and H2P shareholders will receive common shares of Loop. […]

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Norwegian NTE’s plant at Kråkøya produces its first hydrogen

Norwegian NTE’s plant at Kråkøya produces its first hydrogen

February 15, 2024 |

In the Netherlands, Offshore Energy reported that Norwegian NTE’s green hydrogen production plant at Kråkøya in Nærøysund municipality has produced its first hydrogen gas. According to NTE, this represents a significant step forward for zero emissions in the maritime sector as the plant is the first hydrogen production, storage and bunkering facility for ships in […]

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Oulu Energy plans a 100 MW hydrogen plant in Oulu

Oulu Energy plans a 100 MW hydrogen plant in Oulu

February 15, 2024 |

In Finland, Oulu Energy said it is planning to build a 100 megawatts (MW) hydrogen production plant in Oulu, northern Finland. When completed, the plant would be a big step towards clean energy production and thus a natural part of Oulu Energy’s goal of achieving carbon neutrality by 2030. According to the preliminary plan, the […]

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CIAL, BPCL sign pact for green hydrogen plant

CIAL, BPCL sign pact for green hydrogen plant

February 15, 2024 |

In India, The Hindu reported that Cochin International airport, which claims to be the world’s first airport fully powered by solar energy, has entered into an agreement with Bharat Petroleum Corporation Limited (BPCL) for setting up a green hydrogen plant on the airport premises. Cochin International Airport Limited (CIAL) will be the first airport operator […]

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Global SAF market to reach value of $3 billion by 2044, research finds

Global SAF market to reach value of $3 billion by 2044, research finds

February 14, 2024 |

In California, research firm PMI reported that the global sustainable aviation fuel market size is expected to reach a value of $3 billion by 2034, up from an expected value of $1.1 billion this year. According to the research firm, the global SAF market is forecast to expand at a CAGR of 11.60% during the […]

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Destination 2050 says inclusion of SAF in EU’s Net-Zero Industry Act is only the first step in developing a leading SAF industry in Europe

Destination 2050 says inclusion of SAF in EU’s Net-Zero Industry Act is only the first step in developing a leading SAF industry in Europe

February 14, 2024 |

In Belgium, the Destination 2050 alliance said that following the inclusion of SAF as a ‘strategic net zero technology’ under the EU Net Zero Industry Act, the five leading European aviation associations representing Europe’s airlines, airports, civil aeronautics industry and air navigation service providers, are calling on EU policymakers to go further to ensure Europe […]

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LanzaJet and Jet Zero Australia sign deal to advance Australia’s first ethanol to SAF plant

LanzaJet and Jet Zero Australia sign deal to advance Australia’s first ethanol to SAF plant

February 14, 2024 |

In Australia, Jet Zero Australia announced the the execution of a first-of-a-kind license and engineering agreement for Australia between Jet Zero and LanzaJet. The agreement will progress the development of Project Ulysses, a North Queensland SAF project using LanzaJet’s Alcohol-to-Jet (ATJ) technology, that converts the bioethanol into SAF and renewable diesel. The project is the […]

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APAC SAF market to expand at CAGR of 59% in 2023-2033, study finds

APAC SAF market to expand at CAGR of 59% in 2023-2033, study finds

February 14, 2024 |

In Ireland, Research and Markets reported that the Asia-Pacific sustainable aviation fuel market is estimated to reach $39.23 billion by 2033 from $380 million in 2023. According to the research, the SAF market in the region is forecast to expand at a CAGR of 58.99% during the forecast period 2023-2033. “Growth in the sector is […]

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Velocys begins new chapter as a private SAF technology company with new funds

Velocys begins new chapter as a private SAF technology company with new funds

February 14, 2024 |

In the UK, Velocys, a SAF technology company, announced that it has begun a new chapter following the completion of its take-private on 18 January 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 US$40 million of growth capital. […]

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