Japan allows nuclear reactors to operate beyond 60 year limit
After the accident in 2011, Japan has been reluctant to revive the nuclear sector. A new law has now been passed.
Ørsted breaks ground on Swedish e-methanol plant
For subscribers
Volvo signs green power deal for Vattenfall wind power
For subscribers
Most commercial freighters are unfit for green retrofitting
More than 22,000 ships sail around on engines from MAN Energy Solutions, but less than 10% of these are financially feasible for green retrofitting, MAN estimates.For subscribers
MSC and MAN Energy Solutions to develop ammonia-fueled ship
MAN Energy Solutions, Lloyd’s Register, and Chinese ship designer SDARI are to develop a container ship for MSC capable of bunkering ammonia.For subscribers
Rockwool CEO: Weak demand and poor frame of reference
”Last year was sort of a record for us in terms of volume. It maybe wasn’t the largest top line, but still proved a very solid first quarter. And that is our frame of reference this year,” says CEO.
Rockwool makes upwards adjustment to expected profit margin
Rockwool’s Q1 earnings are a smidge better than analyst projections, while the margin is a clear and positive surprise against the disappointing top line.For subscribers
Hapag-Lloyd poaches Maersk for new director of green fuels
Illyas Muhammad was employed by Maersk in early 2022 but now joins the German competitor Hapag-Lloyd.For subscribers
Novozymes appoints new CFO upon Lars Green's resignation
Green looks to pursue a career far from the suite of executive offices.Nel revenue takes major leap
Order intake grows for Norwegian hydrogen company Nel and revenue climbs 68% as a result.For subscribers
GM brings in Samsung on US battery plant
The battery plant warrant a USD 3bn investment.For subscribers
Novozymes CFO: By-products and higher prices elevate bioenergy
A great continuance, says CFO, waiving concerns over dwindling bioethanol production output on main US market.For subscribers
Wärtsilä turns profit despite low demand for new ships
The green transformation was an important driver of demand in Wärtsilä’s maritime business in the first quarter.For subscribers
Multiple major shipping liners lack plans for green fuels
While around half of the 29 carriers surveyed have tested green fuels in tanks and made plans towards 2030 and 2050, a full third of carriers are yet to make any such plans for the future.For subscribers
Tesla margins slump on repeated price cuts
The US electrical vehicle maker’s quarterly results fall short of analysts’ projections.For subscribers
There is money to be made from neutral turbine observations
Insights into wind turbine installation can optimize construction processes and help lay disputes to rest, and that competence has given a Danish start-up an edge on its competitors.For subscribers
Tesla ready with more price cuts in Europe, Israel and Singapore
Electrical vehicle manufacturer Tesla imposes discounts on several models for the third time since January.Norway sends millions towards project to ease access to green fuels
Companies and universities look to develop a system for ammonia as a hydrogen carrier aboard a Höegh LNG vessel.For subscribers
DFDS aims to have ferry freighters run on green methanol
The Danish ferry and logistics operator looks to remodel new freight ferries, enabling them to sail on green methanol. The challenge lies in procuring sufficient fuel flows, says DFDS chief exec.For subscribers
MAN expects to put ammonia engine up for sale in late 2025
MAN Energy Solutions is about to launch the final tests of the ammonia engine that many hope will revolutionize the shipping industry.Project Greensand successfully stores CO2
Now, the consortium will asses and analyze the results from the first-ever successful CO2 storing.For subscribers
BP buys into UK CCS project
The project is capable of meeting UK target to capture and store up to 30 million tonnes of CO2 a year by 2030.For subscribers
Tesla looks to build Megapack plant in Shanghai
The US electrical vehicle manufacturer eyes China as base for new production site of scalable battery Megapack.For subscribers
