Diesel fuel

CRAFTSMAN® Introduces New Garden Tractor With Power and Performance to Tackle Larger Lawns

Retrieved on: 
Tuesday, February 13, 2024

Gas Garden Tractor , the latest addition to its lineup of riding lawn mowers.

Key Points: 
  • Gas Garden Tractor , the latest addition to its lineup of riding lawn mowers.
  • The garden tractor is designed to provide the power and performance needed to tackle large lawns and is ideal for yards up to 3 acres.
  • "As our newest garden tractor, the CRAFTSMAN T4400 provides consumers with large properties a solution to handle tough yard work," said Aldon Blackwood, Director, Ground Supported Product Management, at Stanley Black & Decker.
  • Gas Garden Tractor is available now in retail stores and online where CRAFTSMAN products are sold.

Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO

Retrieved on: 
Tuesday, December 5, 2023

AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today Blue World Technologies announced that Maersk Growth, the venture arm of A.P. Moller – Maersk participates in an 11 million EUR pre-C-round alongside The Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. 

Key Points: 
  • AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today Blue World Technologies announced that Maersk Growth, the venture arm of A.P.
  • The financing round was announced during COP28 in Dubai where Blue World Technologies was presenting their high-temperature PEM fuel cell technology as a solution to support the decarbonisation of the maritime industry.
  • The Blue World methanol fuel cells enable efficient conversion of methanol to electricity with a superior electrical efficiency of up to 65%.
  • With an industrial approach, Blue World Technologies has built a fuel cell factory in Aalborg, Denmark, ensuring in-house production of all the core fuel cell components alongside system development and manufacturing.

Fuel cell manufacturer Blue World Technologies closes financing round with Maersk Growth and EIFO

Retrieved on: 
Tuesday, December 5, 2023

AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today Blue World Technologies announced that Maersk Growth, the venture arm of A.P. Moller – Maersk participates in an 11 million EUR pre-C-round alongside The Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders. 

Key Points: 
  • AALBORG, Denmark, Dec. 5, 2023 /PRNewswire/ -- Today Blue World Technologies announced that Maersk Growth, the venture arm of A.P.
  • The financing round was announced during COP28 in Dubai where Blue World Technologies was presenting their high-temperature PEM fuel cell technology as a solution to support the decarbonisation of the maritime industry.
  • The Blue World methanol fuel cells enable efficient conversion of methanol to electricity with a superior electrical efficiency of up to 65%.
  • With an industrial approach, Blue World Technologies has built a fuel cell factory in Aalborg, Denmark, ensuring in-house production of all the core fuel cell components alongside system development and manufacturing.

Global Biodiesel Strategic Industry Report 2023: Market to Reach $49.4 Billion by 2030 with Vegetable Oils Accounting for $38.9 Billion Share

Retrieved on: 
Friday, December 1, 2023

DUBLIN, Dec. 1, 2023 /PRNewswire/ -- The "Biodiesel - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 1, 2023 /PRNewswire/ -- The "Biodiesel - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Biodiesel estimated at US$34.2 Billion in the year 2022, is projected to reach a revised size of US$49.4 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.
  • Vegetable Oils, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach US$38.9 Billion by the end of the analysis period.
  • The global market outlook emphasizes the widespread use of vegetable oil as a feedstock for biodiesel production, with transportation fuel being the leading application category.

Successful Deployment Validation of Open and Virtualized 5G RAN Equipment by Viettel and Qualcomm in Commercial Network

Retrieved on: 
Thursday, November 23, 2023

HANOI, Vietnam, Nov. 22, 2023 /PRNewswire/ -- Viettel High Tech announced the successful deployment validation of inaugural 5G Open RAN gNodeB powered by industry leading Qualcomm ® 5G RAN Platforms.

Key Points: 
  • HANOI, Vietnam, Nov. 22, 2023 /PRNewswire/ -- Viettel High Tech announced the successful deployment validation of inaugural 5G Open RAN gNodeB powered by industry leading Qualcomm ® 5G RAN Platforms.
  • Viettel is the world's first company to deploy 5G Open RAN network equipment with  the Qualcomm® X100 5G RAN Accelerator Card and Qualcomm® QRU100 5G RAN Platform on a live network with real users and data traffic.
  • Leveraging its unique position as both a network operator and a leading 5G Original Equipment Manufacturer (OEM), Viettel expedited the development process of 5G gNodeB by harnessing the capabilities of Qualcomm 5G RAN Platforms.
  • "This is a seminal moment for 5G Open RAN and Qualcomm 5G RAN platforms, fueling modern networks underscored by architecture flexibility, power efficiency and uncompromised performance.

Aemetis Receives $150 Million Biodiesel Supply Allocation From India Oil Marketing Companies

Retrieved on: 
Monday, October 30, 2023

CUPERTINO, CA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX) announced today that its Universal Biofuels subsidiary in India, owner and operator of a 60 million gallon per year capacity biodiesel plant located near the Port of Kakinada on the East Coast of India, was selected by India’s three government-controlled oil marketing companies (OMCs) to supply an estimated $150 million of biodiesel under cost-plus purchase contracts for approximately 40 million gallons of biodiesel during the one year period starting October 2023.

Key Points: 
  • Approximately 70% of the 25 billion gallon diesel market in India is supplied by the OMCs, with the remaining 30% supplied by private oil refiners.
  • The National Policy prohibits imports of biodiesel into India.
  • The Aemetis Universal Biofuels plant delivers high quality biodiesel and has built a reputation as a reliable large-scale renewable fuel producer in India.
  • Aemetis is the only producer that has delivered more than 99% of contracted gallons under prior OMC contracts.

More Than One Way to Reduce Agricultural Emissions – AGCO Power Reveals Results of Years of Research and Development

Retrieved on: 
Wednesday, November 1, 2023

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    The research and development work done at the engine production plant of AGCO Power in Nokia, Finland, has reached a historic point.
  • The latest engine product family, AGCO Power CORE, is designed from ground-up with future fuels in mind.
  • The Microgrid Concept presented by AGCO Power at the trade fair is helping farmers build their own smart electrical grids.
  • To showcase this, the AGCO Power stand at the trade fair will display the Battery Pack designed for the Fendt e100 Vario electric tractor.

Global Synthetic Fuels Market to Soar to $70.1 Billion by 2030, Driven by Rising Investments and Diversification in Primary Energy Mix - ResearchAndMarkets.com

Retrieved on: 
Monday, October 30, 2023

The global synthetic fuels market is poised for substantial growth, projected to reach USD 70.1 billion by 2030 from USD 48.4 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 5.4%.

Key Points: 
  • The global synthetic fuels market is poised for substantial growth, projected to reach USD 70.1 billion by 2030 from USD 48.4 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 5.4%.
  • GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.
  • Synthetic fuels play a pivotal role in the chemical sector, reducing greenhouse gas emissions and dependence on fossil fuels.
  • In terms of applications, the gasoline segment secured the second-largest market share in synthetic fuels in 2022.

NATSO, SIGMA URGE ENERGY DEPARTMENT TO ADOPT MARKET-ORIENTED, TECHNOLOGY NEUTRAL APPROACH TO TRANSPORTATION DECARBONIZATION

Retrieved on: 
Friday, November 3, 2023

ALEXANDRIA, Va. , Nov. 3, 2023 /PRNewswire/ -- NATSO, representing travel centers and truck stops, and SIGMA: America's Leading Fuel Marketers, urged the U.S. Department of Energy (DOE) to adopt a market-oriented, technology-neutral approach to transportation decarbonization. Any policies to scale production of sustainable aviation fuel (SAF) should carefully consider the economy-wide ramifications of prioritizing nascent fuel technologies above longstanding lower carbon fuel options, such as biodiesel and renewable diesel.

Key Points: 
  • Fuel retailers and marketers appreciate that the Biden Administration is prioritizing alternative fueling strategies to reduce carbon emissions from transportation.
  • But the Administration's approach to increasing SAF production ignores harmful side effects to the existing refueling landscape.
  • "The Biden Administration should not surrender the market's ability to deliver dramatic near-term emissions savings by imposing a top-down, hurried transition to one technology," NATSO and SIGMA wrote in their comments to the Energy Department.
  • Preferential treatment for SAF for reducing transportation carbon emissions will unravel decades of existing carbon reductions in over-the-road transportation while increasing fuel prices for commercial fleets.

Asia-Pacific Emerges as a Powerhouse in the Synthetic Fuels Market, Fueled by Private Sector Investments and Sustainable Energy Initiatives

Retrieved on: 
Wednesday, October 25, 2023

GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.

Key Points: 
  • GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.
  • Synthetic fuels play a pivotal role in the chemical sector, reducing greenhouse gas emissions and dependence on fossil fuels.
  • In terms of applications, the gasoline segment secured the second-largest market share in synthetic fuels in 2022.
  • Ongoing research and innovation are pivotal in advancing the synthetic fuels market, propelling its growth and sustainability.