Alternative


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Hydrogen Vehicle Systems (HVS) celebrates hydrogen fuel cell truck’s first trailer pull on test track 

AJOT | March 25, 2024 | Energy | Alternative | Green Shipping | Trucking

• The Hydrogen Vehicle Systems (HVS) HGV test program is on course and has achieved another key milestone with track testing well underway • The X2.0 track test vehicle has demonstrated real world performance by successfully pulling a trailer around the test track • X2.0 features an innovative Hydrogen Fuel Cell propulsion system, with the only tailpipe emissions being water

Norway delays floating wind plans on subsidy concerns

Bloomberg | March 23, 2024 | Energy | Alternative

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Germany plans more support for $11 billion Namibia hydrogen plan

Bloomberg | March 20, 2024 | Energy | Alternative

Germany aims to designate an ambitious green hydrogen project in Namibia as strategically significant, paving the way for additional financial support and bringing a plan that could transform the economy of the African nation closer to reality.

MOL, Idemitsu, HIF team up to develop e-fuel/e-methanol supply chain, including marine transport of CO2

AJOT | March 19, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk

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Vestdavit sales hit all-time high in 2023 as offshore energy boosts davit demand

AJOT | March 19, 2024 | Energy | Alternative

• Orders increase 76% year on year • Offshore wind accounts for 30% of sales • Biggest-ever order secured with Nato naval client

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Sulmara selected for site characterisation work at Scottish floating offshore windfarm

AJOT | March 19, 2024 | Energy | Alternative

International subsea specialist Sulmara is continuing its exciting start to 2024 with the announcement it has been awarded a contract to work on one of the world’s largest proposed floating offshore developments.

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New report pegs cost of electrifying U.S. commercial truck fleet at $1 trillion

AJOT | March 19, 2024 | Energy | Alternative | Green Shipping | Trucking

Full electrification of the U.S. commercial truck fleet would require nearly $1 trillion in infrastructure investment alone, according to a new report from Roland Berger released today by the Clean Freight Coalition.

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Ocean Network Express finalizes European Union Allowances (EUA) Transaction

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Maritime | Liner Shipping

Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas.

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Nuvera Fuel Cells selected for funding by the U.S. Department of Energy for manufacturing next-gen fuel cell stacks

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Trucking

Nuvera Fuel Cells, LLC, a leading provider of fuel cell power solutions, has been included in this week’s announcement by the U.S. Department of Energy (DOE) of $750 million in funding under the Bipartisan Infrastructure Law (BIL) for 52 projects that directly support the national clean hydrogen strategy.

Offshore wind’s next big problem: Not enough ships
Energy
Bloomberg | Top Story | March 18, 2024

Offshore wind’s next big problem: Not enough ships

With turbines approaching the size of the Chrysler Building, there’s a looming shortage of ships large enough to install them
Airbus, EasyJet seek UK funding to push hydrogen-powered aviation

Bloomberg | March 18, 2024 | Air Cargo | Airlines | Energy | Alternative | Green Shipping

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Eksfin provides EUR 525 mn in loan financing to Ørsted based on Norwegian exports to Hornsea 3 offshore wind farm in the UK

AJOT | March 18, 2024 | Energy | Alternative

Export Finance Norway (Eksfin) is providing loan financing of EUR 525 mn to Ørsted of Denmark, one of the world's largest offshore wind developers.

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Groke Technologies welcomes Pyxis Ocean performance

AJOT | March 18, 2024 | Energy | Alternative | Green Shipping | Maritime | Bulk

Groke Technologies has welcomed the energy saving performance of the world’s first vessel fitted with BAR Technologies’ wind propulsion system WindWings®, which charterer Cargill said has achieved equivalent fuel savings of 3t per day.

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Canada to join German-backed effort to create hydrogen market

Bloomberg | March 18, 2024 | Energy | Alternative

Canada is set to join a German- and Dutch-backed effort to kickstart the trade of hydrogen, which is seen as a clean-energy alternative to dirtier fossil fuels.

Oceantic Network celebrates completion of South Fork Wind Project

AJOT | March 14, 2024 | Energy | Alternative

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First hybrid electric vessel built in South America uses Corvus battery system

AJOT | March 14, 2024 | Energy | Alternative

Corvus Energy is pleased to supply the battery energy storage system onboard the Magellan Discoverer— the first hybrid diesel-electric vessel to be constructed in South America...

$750 million to support America’s hydrogen industry from “Investing in America” agenda
Energy
AJOT | Top Story | March 14, 2024

$750 million to support America’s hydrogen industry from “Investing in America” agenda

Biden-Harris: 52 Projects Across 24 States to Accelerate Breakthroughs in Clean Hydrogen Technology, Cutting Costs and Supporting DOE’s Hydrogen Hubs and Other Large-Scale Deployments...
Shell publishes Energy Transition Strategy 2024

AJOT | March 14, 2024 | Energy | Alternative

US green fuel push threatens Argentina’s main export market

Bloomberg | March 14, 2024 | Energy | Alternative

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