Taiwan's TCC receives Italian approval to take energy storage company NHOA private
TCC Group Holdings, a Taiwanese company, announced on Friday that it has received approval from the Italian government to privatize energy storage firm NHOA. The Italian government has "golden powers"…
Yellen warns that the end of US clean energy tax credit would increase consumer costs
U.S. Treasury secretary Janet Yellen will warn on Thursday that any attempt to rollback the Biden administration’s clean energy tax credit would increase costs for families and threaten new investments in U.S. Manufacturing that are creating jobs.
China and South Africa agree on balanced trade, increased investments
A joint statement released on Tuesday revealed that China and South Africa's top leaders, who met in Beijing, had agreed to promote a balanced trade, and also discussed the importance of boosting bilateral…
China will continue to implement low-carbon reforms according to the energy regulator
The energy regulator in China said that China would continue to phase out fossil fuels, and reform its electricity system. It issued a paper on Thursday listing achievements, but lacking new plans for China’s energy transition.
Two Republicans ask Pentagon to add Chinese Battery Maker CATL to restricted List
Two Republican senators on Wednesday requested that the U.S. Defense Department add Chinese battery manufacturer CATL to a list of restricted companies suspected to be working with Beijing's army. Experts…
Sunly raises 300 million euros for renewable energy projects in Baltics, Poland and Baltics
The Estonian renewable energy company Sunly raised $300 million in debt financing in order to accelerate construction of 1.3 Gigawatts of wind, solar and storage capacity in the Baltics and Poland. It…
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than…
US Harbor Craft: Measuring Opportunity for Zero Emissions
There are more than 4,000 harbor craft vessels in the U.S. deemed highly suited for zero-emissions operations, according to a recent report produced by CALSTART in partnership with Intelatus Global Partners.The report - “Sizing the U.S.
Rapid Charging Systems: Current Technology for the Future of Ferries
As the devotion to more sustainable shipping expands and regulations become more stringent, the demand for lower emissions operations continues to increase. As a result, the marine industry is confronted…
Tech File: Battery Power Breakthrough in Ice
An ABB study based on three years of operational ship data mounts a case for integrating battery power onboard modern icebreakers, writes Samuli Hänninen, who specializes in icebreaking vessels at ABB Marine & Ports.
Petronas Clean Energy Arm Sees India, Australia as Key in Rapid Growth Plans
Gentari, the clean energy arm of Malaysia's state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive…
Battery-Electric Surge: ESS Scales Up in Maritime
Ask the right government department in any G7 state and you’ll find funding to put battery power for your vessel. Beyond funds, new battery makers and system integrators are ironing out safety issues,…
Stena, Wärtsilä to Build World’s Largest Hybrid Ship
Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. Two of the ferries will have a battery capacity of 11.5 MWh…
Energy @ Sea: Powering Up in the Blue Desert
Last year marked the beginning of the United Nations Decade of Ocean Science for Sustainable Development, lasting from 2021 until 2030. With 10 years comes 10 challenges—goals for regional, national and…
Green Marine: Electrification is the Power behind ‘Future-Proofing’
There's an “electrification of the seas” happening for navies around the world.Whether it's to achieve greater military capabilities, operational economics and efficiencies or to be better stewards of…
Carnival, Wärtsilä Cooperate on Fleet Decarb Program
Wärtsilä will deliver its new Decarbonization Modelling Service to Carnival Corporation as the cruise group aims to reduce greenhouse gas emissions across its fleet.Initially tasked with establishing an…
The Path to Zero: ABB, Ballard Progress Work on High-power Fuel Cell Concept
ABB and Ballard are progressing to decarbonize marine transport and have received an AiP from DNV for their high-power fuel cell concept, the development of which was launched in 2018. The high-power fuel…
From the Science Lab: Clean Energy Projects that Could Impact Maritime
As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer promise in helping the maritime industry meet its decarbonization goals.Makai Ocean Engineering – Waimanalo…
Ship Emissions: MIT Takes the Lead Toward Net Zero
The MIT Energy Initiative (MITEI) launched a new research consortium—the Future Energy Systems Center—to address the climate crisis and the role energy systems can play in solving it. Randall Field, Executive Director…
Charging Ahead: Brent Perry & his Sterling PBES Team Drive Maritime Battery Tech
Brent Perry, CEO of Sterling PBES is a 40+ year veteran of the marine business, and one of the pioneers in delivering battery solutions to boats and ships at sea. Please give us a by the numbers look at…
