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CIP secures funding for its green hydrogen project in Western Australia

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Denmark’s Copenhagen Infrastructure Partners (CIP), through its CI Energy Transition Fund I (ETF I), has secured A$814 million (approximately $515.5 million) for its Murchison Green Hydrogen project in Western Australia from the Australian Government’s Hydrogen Headstart program. The post CIP secures funding for its green hydrogen project in Western Australia appeared first on Offshore Energy.

DNV and HD KSOE set sights on CO2 capture technology for SOFC

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South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiary HD Hydrogen have signed a joint industry project (JIP) agreement with classification society DNV to work on CO2 capture technology for solid oxide fuel cells (SOFC). The post DNV and HD KSOE set sights on CO2 capture technology for SOFC appeared first on Offshore Energy.

WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization

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Both renewable-capable vessels and renewable fuels could be available to meet EU 2030 targets but the price gap between fossil and renewable fuels is the major barrier to making decarbonization a reality, new research published by the World Shipping Council (WSC) found. The post WSC: EU needs ‘true’ measure to lower renewable fuels price and spearhead maritime decarbonization appeared first on Offshore Energy.

EuroHoldings completes spin-off from Euroseas

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EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, has completed its spin-off from shipowner and operator Euroseas. The post EuroHoldings completes spin-off from Euroseas appeared first on Offshore Energy.

‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put

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With research showing that nine out of ten companies perceive business playgrounds in other countries as better suited for investment and growth, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has warned the UK government about the looming uncertainty surrounding the future of the nation’s offshore energy supply chain, as it is at risk of moving overseas to bolster its economic standing and unlock further growth. The post ‘Pragmatic’ offshore energy investment policy key to ensure UK’s supply chain stays put appeared first on Offshore Energy.