Topsoe loses another CFO
After less than two years on the job, finance chief Philip Eickhoff resigns from the Danish catalysis company, which appoints an interim CFO from its own ranks.
EnergyWatch
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After less than two years on the job, finance chief Philip Eickhoff resigns from the Danish catalysis company, which appoints an interim CFO from its own ranks.
1,000,000 vehicles have now rolled out of EV maker Tesla’s Chinese factory, though amid signs that the pace of production has decreased.
The Irish-US technology firm is setting up a factory in Finland to accommodate growing demand for uninterruptible power supply products.
Making the steel industry sustainable faces several major challenges; firstly the need to add staggering volumes of renewable capacity, and secondly, legislative reform, says lobby Hydrogen Europe in a report.
Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.
The Norwegian electrolyzer manufacturer plans a two-fold extension of production capacity at the Herøya factory to accommodate booming demand.
The cost of electric vehicle batteries won’t drop any time soon, says Ford’s CEO after the company just raised the price of an electric model.
Strong performance was supported by expanding ethanol volumes in US industry as well as sales beyond the US, especially in Latin America.
Despite achieving a positive bottom-line figure in this year’s first quarter, Nel Hydrogen books yet another substantial operating deficit in the second quarter, albeit improving the result against the same period last year.
Seaspan has a new strategy underway, through which the major tonnage provider plans to use its network to enter a number of a new business areas, with one area being delivery of green fuel to its customers.
The Danish power company wants all of its suppliers to exclusively utilize renewable energy from 2025.
With a green hydrogen production plant, ScottishPower plans to supply the Port of Felixstowe and shipping at large with green energy corresponding to 100 megawatts.
Biofuels will enable Kuehne + Nagel to offer freight customers CO2-free container transport.
Future tax credits for solar and wind, both onshore and offshore, are nearly certain after the vice president assured a Senate majority to pass a long-awaiting legislative package.
The EV manufacturer is set to carry out its second share split in less than two years.
An Australian startup claiming 95% electrolysis efficiency attracts investment of AUD 42.5m from several players, including the Danish OEM’s venture unit.
The British-Dutch oil company joins forces with China's Shanghai Energy Innovation and Development Co. to set up 10 new hydrogen filling stations in the People's Republic, where hydrogen can end up comprising 5% of the nation's energy system, according to Shell.
The British oil company and the Spanish utility join forces to develop green hydrogen projects totaling 6GW in the UK, Spain and Portugal.
The Swedish battery manufacturer joins forces Stora Enso to develop the world’s first industrial batteries with hard carbon anodes made of wood-sourced lignin.
The German utility plans to store hydrogen in a salt cavern as a part of pilot project supported by the state government of Lower Saxony.
The carmaker also airs ambitions to invest USD 6-8bn annually ahead of 2024.
Wärtsilä is developing marine engines powered by green fuels. But the path to shipping’s decarbonization involves more than methanol and ammonia, says the president of the technology company’s marine power division.
The head of Tesla’s factory in Austin, Texas, is under investigation due to ”suspicious” purchases.
The shipping industry is ahead of governments in efforts to achieve decarbonization. ”Governments aren’t ready for that yet, I wish they were, they need to catch up,” MSC EVP Bud Darr warned during a conference on decarbonization.
The Swedish-Swiss company’s second-quarter results surpassed forecasts ”despite the pressure from a tight supply chain, Covid-enforced lockdowns in China and the inflationary environment.”
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