Energy transition

MHI Agrees to Collaborate with Chiyoda Corporation for Licensing of CO2 Capture Technologies

Retrieved on: 
tisdag, maj 7, 2024
Ecosystem, MHI, Chiyoda Corporation, Energy transition, Partnership, Carbon, Plant, CCUS, Engineering, Engineering, procurement, and construction, CO2, GLA, Kansai Electric Power Company, EPC

- The two companies will leverage their strengths to meet decarbonization needs in a wide range of industries for CO2 capture projects in Japan.

Key Points: 
  • - The two companies will leverage their strengths to meet decarbonization needs in a wide range of industries for CO2 capture projects in Japan.
  • - This strategic partnership with Chiyoda Corporation will allow MHI to lead the development of Japan's CCUS market.
  • TOKYO, May 7, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a General License Agreement (GLA) with Chiyoda Corporation (Chiyoda).
  • Through this collaboration, MHI aims to enhance its Engineering, Procurement and Construction (EPC) capabilities to develop CO2 capture projects in Japan, where demand for carbon dioxide capture, utilization and storage (CCUS) is expected to increase.

MHI Begins Operation of SOEC Test Module the Next-Generation High-Efficiency Hydrogen Production Technology at Takasago Hydrogen Park

Retrieved on: 
torsdag, april 25, 2024
Carbon, Hydrogen, Fellow, NEDO, Energy, SOEC, MHI, Energy transition, Electricity, Research, Senior, JAC, GTCC, College of Engineering (KNUST), AEM, New energy, Coal

The system was installed at the Takasago Hydrogen Park, and started operation.

Key Points: 
  • The system was installed at the Takasago Hydrogen Park, and started operation.
  • The SOEC test module comprises a module with multiple cartridges of 500 cell stacks bundled together.
  • Takasago Hydrogen Park is the world's first facility with the capability for integrated verification of hydrogen technologies, from production to power generation.
  • Going forward, in the hydrogen production area of Takasago Hydrogen Park, MHI plans to proceed with demonstrations aimed at the commercialization of hydrogen production equipment with different characteristics, such as anion exchange membrane (AEM) water electrolysis and methane pyrolysis.

Mitsubishi Heavy Industries and NGK to Jointly Develop Hydrogen Purification System from Ammonia Cracking Gas

Retrieved on: 
torsdag, april 18, 2024
Carbon neutrality, MHI, Water purification, Ammonia, Hydrogen, Energy transition, CCUS, Utilization, Nitrogen, NGK, Industrial gas

- The project will develop a system that purifies hydrogen from hydrogen-nitrogen gas mixture using membrane separation after ammonia cracking.

Key Points: 
  • - The project will develop a system that purifies hydrogen from hydrogen-nitrogen gas mixture using membrane separation after ammonia cracking.
  • TOKYO, Apr 18, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and NGK INSULATORS, LTD. (NGK) will jointly develop a hydrogen purification system that uses membrane separation to purify from hydrogen-nitrogen mixture gas after ammonia cracking.
  • The companies expect the technology to contribute to the establishment of a hydrogen and ammonia supply chain enabling high-volume transport.
  • This joint project aims to build an optimal system for purifying hydrogen using membrane separation from the mixed gas of hydrogen and nitrogen after ammonia cracking.

Bloom Energy Reports First Quarter 2024 Financial Results

Retrieved on: 
torsdag, maj 9, 2024
Alternative Energy, Energy, Other Energy, Bloom Energy, CFO, Energy transition, Bloom, Growth, Video game

Bloom Energy Corporation (NYSE: BE) reported today its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Bloom Energy Corporation (NYSE: BE) reported today its financial results for the first quarter ended March 31, 2024.
  • Revenue of $235.3 million in the first quarter of 2024, a decrease of 14.5% compared to $275.2 million in the first quarter of 2023.
  • Product and service revenue of $209.8 million in the first quarter of 2024, a decrease of 10.5% compared to $234.4 million in the first quarter of 2023.
  • Gross margin of 16.2% in the first quarter of 2024, a decrease of 3.5 percentage points compared to 19.7% in the first quarter of 2023.

FFI Solutions Launches Transition Trackers to Monitor Market Response to Oil & Gas Company Transition Plans

Retrieved on: 
torsdag, maj 9, 2024
Energy transition, Megatrend, FFI, Research, Investment

NEW YORK, May 9, 2024 /PRNewswire/ -- FFI Solutions, a leading provider of energy transition research and analytics, today announced the launch of its Energy Transition Trackers.

Key Points: 
  • NEW YORK, May 9, 2024 /PRNewswire/ -- FFI Solutions, a leading provider of energy transition research and analytics, today announced the launch of its Energy Transition Trackers.
  • The Energy Transition Trackers separate the largest publicly-traded oil and gas companies into "Leaders" and "Laggards" based on proprietary metrics from FFI's Transition Intelligence platform.
  • "The transition to clean energy is a transformational megatrend reshaping the energy industry," said Chris Ito, CEO of FFI Solutions.
  • The Energy Transition Trackers are now live on FFI Solutions' website, with an inaugural commentary report analyzing the first performance results.

Invizyne Technologies Expands Leadership Team Ahead of Proposed Offering and Listing on Nasdaq

Retrieved on: 
tisdag, maj 7, 2024
Sale, Prospectus, Executive, IP, MDB, Verenium Corporation, AI, BASF, Energy transition, Business development, QIAGEN, Business, Life, CLC, Form, IPO, DNA, Science, Synthetic biology, SABS, QGEN, Electronics, POET, Person, Energy, Management

He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).

Key Points: 
  • He also currently serves as Chairman of the Board for EXO Incubator Inc. (private) and BlueSEQ Innovations Inc. (private).
  • “By using cell-free enzyme systems to produce biochemicals, we believe Invizyne can also significantly create new useful drugs and chemicals that can be commercially produced at competitive prices.
  • The offering will be for 4,300,000 shares of common stock at a price per share of $4.00, for gross proceeds of $17.2 million.
  • Invizyne has applied to list its common shares on The Nasdaq Stock Market under the ticker symbol "IZTC."

Solomon Partners Expands Infrastructure, Power and Renewables Group with Hiring of Derek Bentley as Partner

Retrieved on: 
tisdag, maj 7, 2024
Carbon, Solomon, Natural gas, Energy transition, Solomon Partners, Water, Power, Yale University, M&A, Renewable energy, Infrastructure, Partner

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Solomon Partners , a leading financial advisory firm, has hired Derek Bentley as a Partner and Head of Energy Transition.

Key Points: 
  • NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Solomon Partners , a leading financial advisory firm, has hired Derek Bentley as a Partner and Head of Energy Transition.
  • Mr. Bentley will work closely with the Infrastructure, Power and Renewables Group’s Co-Heads, Tim Bath and Jeff Pollard, and report directly to the firm’s CEO Marc Cooper.
  • “Derek is a widely recognized powerhouse in the Energy Transition sector,” said Solomon Partners CEO Mr. Cooper.
  • That powerful combination will enable us to offer truly unique perspectives to ensure our clients’ objectives are optimally met.”

Dorian LPG Ltd. Announces Management Promotions and the Ringing of the New York Stock Exchange Closing Bell to Celebrate 10 Years as a Public Company

Retrieved on: 
torsdag, maj 9, 2024
Maritime, Energy, Transport, Oil, Gas, Conversation, Nature, LPG, Energy transition, Growth, Result, Analysis, Form 10-K, Committee, Form 10-Q, Annual report, Management

Dorian LPG Ltd. (NYSE: LPG) (the Company, Dorian LPG, “we”, “us”, and “our”) today announced the promotions of two current executives to increased positions of responsibility and the ringing of the New York Stock Exchange (“NYSE”) closing bell on May 9, 2024 to celebrate 10 years as a public company.

Key Points: 
  • Dorian LPG Ltd. (NYSE: LPG) (the Company, Dorian LPG, “we”, “us”, and “our”) today announced the promotions of two current executives to increased positions of responsibility and the ringing of the New York Stock Exchange (“NYSE”) closing bell on May 9, 2024 to celebrate 10 years as a public company.
  • John Lycouris has been promoted to Head of Energy Transition effective April 24, 2024 and will continue as a Director of the Company.
  • John and Alex bring significant experience to their roles and will continue to ensure the long-term success of the Company.
  • The Company will be ringing the closing bell on the NYSE in celebration of 10 years of being a publicly listed company on the exchange.

A Connected and Sustainable Energy World - 17th Singapore International Energy Week

Retrieved on: 
onsdag, maj 8, 2024
Carbon, International, SIEW, IEA, Energy transition, Sustainable energy, Geothermal energy, Conference, Research, EnerSys, Connected, ADS, Future, S&P Global, EMA, ACES, IRENA, Grid, SP Group, Singapore International Energy Week, International Energy Agency, Renewable energy

SINGAPORE, May 8, 2024 /PRNewswire/ -- The 17th Singapore International Energy Week (SIEW) will be held from 21 – 25 October 2024.

Key Points: 
  • SINGAPORE, May 8, 2024 /PRNewswire/ -- The 17th Singapore International Energy Week (SIEW) will be held from 21 – 25 October 2024.
  • International collaboration, joint investment, and R&D into low-carbon technologies like hydrogen and geothermal energy are pivotal for an effective and equitable energy transition.
  • SIEW 2024 will commence with the SIEW Summit comprising the SIEW Opening Keynote Address, Leaders Dialogue, and Singapore Energy Summit, which will feature energy ministers, industry captains and leaders of international organisations.
  • Deepening global cooperation through joint investments in low-carbon technologies and research will drive innovation and help us achieve a Connected and Sustainable Energy World."

A Connected and Sustainable Energy World - 17th Singapore International Energy Week

Retrieved on: 
onsdag, maj 8, 2024
Carbon, International, SIEW, IEA, Energy transition, Sustainable energy, Geothermal energy, Conference, Research, EnerSys, Connected, ADS, Future, S&P Global, EMA, ACES, IRENA, Grid, SP Group, Singapore International Energy Week, International Energy Agency, Renewable energy

SINGAPORE, May 8, 2024 /PRNewswire/ -- The 17th Singapore International Energy Week (SIEW) will be held from 21 – 25 October 2024.

Key Points: 
  • SINGAPORE, May 8, 2024 /PRNewswire/ -- The 17th Singapore International Energy Week (SIEW) will be held from 21 – 25 October 2024.
  • International collaboration, joint investment, and R&D into low-carbon technologies like hydrogen and geothermal energy are pivotal for an effective and equitable energy transition.
  • SIEW 2024 will commence with the SIEW Summit comprising the SIEW Opening Keynote Address, Leaders Dialogue, and Singapore Energy Summit, which will feature energy ministers, industry captains and leaders of international organisations.
  • Deepening global cooperation through joint investments in low-carbon technologies and research will drive innovation and help us achieve a Connected and Sustainable Energy World."