Methanol

Kaizen Clean Energy Awarded Hydrogen Fueling Station and Microgrid Contract By Golden Empire Transit District

Retrieved on: 
Wednesday, December 13, 2023

HOUSTON, Dec. 13, 2023 /PRNewswire/ -- Kaizen Clean Energy (KCE) has been awarded a contract from the Golden Empire Transit District (Bakersfield, CA) for an off-grid hydrogen fueling station and hydrogen-based microgrid to support GETBus's expanding Zero-Emission fleet. Under the contract, KCE will provide a KCE-150 microgrid capable of producing up to 150kW of power and an hydrogen fueling station delivering up to 460kg of H2/day. The power produced from the KCE-150 will power the hydrogen fueling station and/or provide EV DC fast charging.

Key Points: 
  • HOUSTON, Dec. 13, 2023 /PRNewswire/ -- Kaizen Clean Energy (KCE) has been awarded a contract from the Golden Empire Transit District (Bakersfield, CA) for an off-grid hydrogen fueling station and hydrogen-based microgrid to support GETBus's expanding Zero-Emission fleet.
  • Under the contract, KCE will provide a KCE-150 microgrid capable of producing up to 150kW of power and an hydrogen fueling station delivering up to 460kg of H2/day.
  • The power produced from the KCE-150 will power the hydrogen fueling station and/or provide EV DC fast charging.
  • "Kaizen's hydrogen fueling stations are the most cost-effective systems to fuel hydrogen fuel cell vehicle fleets, providing customers with delivered hydrogen costs significantly less than compressed or liquid hydrogen technologies," said Eric Smith, Chief Commercial Officer, at Kaizen Clean Energy.

Green hydrogen market size to grow by USD 14.74 billion between 2022 and 2027 | APAC will account for 57% of the market growth- Technavio

Retrieved on: 
Wednesday, December 13, 2023

Get a holistic overview of the green hydrogen market by industry experts to evaluate and develop growth strategies.

Key Points: 
  • Get a holistic overview of the green hydrogen market by industry experts to evaluate and develop growth strategies.
  • Green hydrogen is widely used in the manufacturing of chemical compounds such as paints, synthetic fibers, nylon, and polyurethane elastomers and in the plasticization of plastics.
  • Growth of the green hydrogen market across APAC, Europe, North America, Middle East and Africa, and South America
    The hydrogen generation market is estimated to grow at a CAGR of 5.58% between 2022 and 2027.
  • The green ammonia market is estimated to grow at a CAGR of 90.05% between 2022 and 2027.

Asia-Pacific PEM Electrolyzer Markets, 2022 and 2023-2031: Rising Demand for Advanced Electrolysis Technologies, Surge in Sustainable Hydrogen Economy

Retrieved on: 
Wednesday, December 6, 2023

DUBLIN, Dec. 6, 2023 /PRNewswire/ --The "Asia-Pacific PEM Electrolyzer Market - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 6, 2023 /PRNewswire/ --The "Asia-Pacific PEM Electrolyzer Market - Analysis and Forecast, 2022-2031" report has been added to ResearchAndMarkets.com's offering.
  • The Asia-Pacific PEM electrolyzer market (excluding China) is projected to reach $306.7 million by 2031 from $14.7 million in 2022, growing at a CAGR of 40.1% during the forecast period 2022-2031.
  • Proton Exchange Membrane (PEM) electrolyzer sales are currently expanding in the Asia-Pacific (APAC) market due to a number of important factors.
  • Key players in the APAC PEM electrolyzer market analyzed and profiled in the study involve PEM electrolyzer manufacturers and the overall ecosystem.

Net-Zero Transportation Enabled by CO2-Derived e-Fuels, Finds IDTechEx

Retrieved on: 
Wednesday, December 6, 2023

They offer carbon footprint reductions compared to their fossil fuel equivalents and are carbon neutral in some cases.

Key Points: 
  • They offer carbon footprint reductions compared to their fossil fuel equivalents and are carbon neutral in some cases.
  • For further information on sustainable fuels and utilizing CO2 as a raw material, please refer to the IDTechEx sustainability reports portfolio .
  • Point source capture technologies, including liquid solvents, solid adsorbents, and membranes, are commercially available and are forecasted by IDTechEx to exceed 1 Gtpa capture capacity by 2040.
  • More information on this synthesis can be found in the IDTechEx Carbon Dioxide Utilization 2022-2042: Technologies, Market Forecasts, and Players report.

Net-Zero Transportation Enabled by CO2-Derived e-Fuels, Finds IDTechEx

Retrieved on: 
Wednesday, December 6, 2023

They offer carbon footprint reductions compared to their fossil fuel equivalents and are carbon neutral in some cases.

Key Points: 
  • They offer carbon footprint reductions compared to their fossil fuel equivalents and are carbon neutral in some cases.
  • For further information on sustainable fuels and utilizing CO2 as a raw material, please refer to the IDTechEx sustainability reports portfolio .
  • Point source capture technologies, including liquid solvents, solid adsorbents, and membranes, are commercially available and are forecasted by IDTechEx to exceed 1 Gtpa capture capacity by 2040.
  • More information on this synthesis can be found in the IDTechEx Carbon Dioxide Utilization 2022-2042: Technologies, Market Forecasts, and Players report.

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.

Seaspan Corporation enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels

Retrieved on: 
Tuesday, December 5, 2023

VANCOUVER, BC, Dec. 5, 2023 /PRNewswire/ - Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in partnership with a market-leading car carrier, Hyundai Glovis (Glovis).

Key Points: 
  • VANCOUVER, BC, Dec. 5, 2023 /PRNewswire/ - Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in partnership with a market-leading car carrier, Hyundai Glovis (Glovis).
  • As one of the world largest car carriers and part of the Hyundai Motor Group, Glovis can leverage Seaspan's proven competencies of consistent operational excellence, innovative customer partnership, and solid financial strength.
  • The vessels will be under long-term time charter upon delivery and, as the largest PCTCs under development to date, will bring unparalleled quality, scale, and flexibility to Glovis.
  • "This deal signifies our customers' trust and value of Seaspan's commitment and capability executing alternative fuel initiatives," emphasized Bing Chen, President and CEO of Seaspan.

Seaspan Corporation enters new market segment with strategic order of new dual-fuel LNG Pure Car and Truck Carrier vessels

Retrieved on: 
Tuesday, December 5, 2023

VANCOUVER, BC, Dec. 5, 2023 /PRNewswire/ -- Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in partnership with a market-leading car carrier, Hyundai Glovis (Glovis).

Key Points: 
  • VANCOUVER, BC, Dec. 5, 2023 /PRNewswire/ -- Seaspan Corporation (Seaspan), the world-leading owner and operator of containerships, continues quality growth through the 10,800 CEU dual-fuel LNG, with ammonia and methanol ready, Pure Car and Truck Carrier (PCTC) newbuild program in partnership with a market-leading car carrier, Hyundai Glovis (Glovis).
  • As one of the world largest car carriers and part of the Hyundai Motor Group, Glovis can leverage Seaspan's proven competencies of consistent operational excellence, innovative customer partnership, and solid financial strength.
  • The vessels will be under long-term time charter upon delivery and, as the largest PCTCs under development to date, will bring unparalleled quality, scale, and flexibility to Glovis.
  • "This deal signifies our customers' trust and value of Seaspan's commitment and capability executing alternative fuel initiatives," emphasized Bing Chen, President and CEO of Seaspan.

Green hydrogen market size to grow by USD 14.74 billion between 2022 and 2027 | The growing adoption of clean fuel to drive the market growth- Technavio

Retrieved on: 
Monday, December 4, 2023

Get a holistic overview of the green hydrogen market by industry experts to evaluate and develop growth strategies.

Key Points: 
  • Get a holistic overview of the green hydrogen market by industry experts to evaluate and develop growth strategies.
  • In addition, the increasing adoption of clean green hydrogen generation technologies across industries will drive the growth of the green hydrogen market in APAC.
  • Growth of the green hydrogen market across APAC, Europe, North America, Middle East and Africa, and South America
    The hydrogen generation market is estimated to grow at a CAGR of 5.58% between 2022 and 2027.
  • The green ammonia market is estimated to grow at a CAGR of 90.05% between 2022 and 2027.