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Mitsui, Bombora Partner on Wind-Wave Energy Projects (Int'l.)
Mitsui, Bombora
Date: 2021-01-11
In Japan, maritime merchant fleet operator Mitsui O.S.K. Lines, Ltd. (MOL) and Welsh marine energy developer Bombora are reporting an agreement to identify potential opportunities and applications for Bombora's mWave and wind energy projects in Japan the neighbouring area.

Bombora is currently in the final assembly phase of its 1.5MW mWave Pembrokeshire Demonstration Project in Wales with installation scheduled for mid-2021. Looking beyond the test and validation this year, Bombora is forging ahead with technological and commercial advancements. InSPIRE, Bombora's partnership project with global EPC contractor, TechnipFMC, to integrate mWave and wind generation on one floating offshore platform has already commenced. The first phase of the InSPIRE project will realise the demonstration of a 12MW Integrated mWave and wind floating platform. Phase two makes the leap to an industry leading 18MW. Significant gains are made from integrating mWave and wind onto a single platform. It is possible to generate 50 pct more power from seabed lease areas and 50 pct more consistent power than just offshore wind. Most important of all is the ability to accelerate the cost reduction pathway for this emerging sector, delivering a 20 pct lower cost of energy than floating offshore wind alone.

Japan aims to install 10GW of offshore wind energy by 2030 rising to between 30GW and 45GW by 2040 as part of the country's effort to reach carbon neutrality by 2050. (Source: Bombora, Business News Pembrokeshire , 11 Jan., 2021) Contact: Bombora, +44 1646 233140, www.bomborawave.com

More Low-Carbon Energy News Mitsui,  Bombora ,  Wind,  Wave Energy,  


EDF's 87MW Moroccan Wind Project Underway (Int'l. Report)
EDF Renewables, Mitsui
Date: 2020-09-11
EDF Renewables and its Japanese partner Mitsui report construction is underway on the 87MW first 27-turbine phase of the Taza wind project in Morocco, North Africa. EDF Renewables and Mitsui will respectively hold 60 pct and 40 pct interests in the project which is expected to come online early in 2022.

The project secured financing by the Japan Bank for International Cooperation (JBIC), Nippon Export and Investment Insurance (NEXI), Sumitomo Mitsui Banking Corporation (SMBC), MUFG Bank and the Moroccan bank Bank of Africa, and has a 20-year power purchase agreement (PPA) in place. Morocco is aiming to generate 52 pct of its electricity from renewables by 2030. (Source: EDF Renewables, renews.biz, 9 Sept., 2020) Contact: EDF Renewables, Tristan Grimbert, Pres., CEO, www.edf-re.com: Mitsui & Co, www.mitsui-global.com

More Low-Carbon Energy News EDF Renewables,  Wind,  Morocco Wind,  Mitsui,  


Carbon Recycling-to-Fuel Working Group Launched (Int'l. Report)
Carbon Emissions
Date: 2020-07-17
Nine Japanese companies are reported to have launched the Ship Carbon Recycling Working Group (WG) formed within Japan's Carbon Capture and Reuse (CCR) study group. The WG aims to explore the utilization of "methanation" technology for zero-emission maritime fuels in an effort to reduce greenhouse gas emissions to zero in maritime transportation, which accounts for 99.6 pct of Japanese imports and exports.

The first stage of activities involves: separation, capture and liquefaction of CO2 emitted from steelworks; transportation of liquefied CO2 by ship to a hydrogen supply site; generation of synthetic methane from CO2 and hydrogen by methanation reaction; and liquefaction of the synthetic methane and using it as marine fuel.

The participating members include EX Research Institute Ltd, Hitachi Zosen Corp., Japan Marine United Corp., JFE Steel Corp., JGC Corp., Mitsui O.S.K. Lines Ltd., Nippon Kaiji Kyokai (ClassNK), Nippon Steel Corp.; and Sanoyas Shipbuilding Corp. (Source: Mitsui OSK Line, PR, Dry Bulk, July, 2020) Contact: Mitsui OSK Line, www.mol.co.jp

More Low-Carbon Energy News CCS,  Alternative Fuel,  Maritime Emissions,  


Carbon Recycling-to-Marine Fuel Working Group Launched (Int'l.)
University of Tokyo
Date: 2020-07-17
Nine Japanese companies are reported to have launched the Ship Carbon Recycling Working Group (WG), within the University of Tokyo's Carbon Capture and Reuse Study Group (CCR), aimed at the utilization of "methanation" technology and liquefaction of synthetic methane for use as a zero-emission marine fuel.

The participating members include EX Research Institute Ltd, Hitachi Zosen Corp., Japan Marine United Corp., JFE Steel Corp., JGC Corp., Mitsui O.S.K. Lines Ltd., Nippon Kaiji Kyokai (ClassNK), Nippon Steel Corp.; and Sanoyas Shipbuilding Corp. (Source: Mitsui OSK Line, PR, Dry Bulk, 16 July, 2020) Contact: University of Tokyo Carbon Capture and Reuse Study Group, +81-3-5452-6008, 6009, +81-3-5452-6071 - fax, www.iis.u-tokyo.ac.jp/en/news/2607

More Low-Carbon Energy News Methane news,  Marine Fuel news,  Maritime Fuel news,  


ForeFront Completes San Luis Obispo Solar Projects (Ind. Report)
ForeFront Power
Date: 2020-07-17
Mitsui & Co.'s San Francisc0-based wholly owned subsidiary ForeFront Power LLC, a solar energy and battery storage solutions provider is reporting completion completion of two solar projects for the county of San Luis Obispo, California.

The projects are located at the Department of Parks and Recreation's Dairy Creek Golf Course and the Department of Social Services. The first of many planned solar projects, these solar parking canopies total 552 kW. The projects are designed to supply over 80 pct of site electric power needs and to generate more than a million dollars of energy expense savings over the next 20 years.

The county will purchase the electricity generated by the solar systems at a competitive, predictable rate, thanks to an energy services agreement (ESA) structure. (Source: ForeFront Power, Website, 14 July, 2020) Contact: ForeFront Power LLC, 855-204-5083, www.forefrontpower.com

More Low-Carbon Energy News Solar,  


Suncor, Mitsui Investing in LanzaTech's LanzaJet Inc. (Ind. Report)
LanzaTech,Suncor,Mitsui
Date: 2020-06-03
LanzaTech, a leading biotech company and carbon recycler, is reporting the launch of LanzaJet Inc., a new company that will produce sustainable aviation fuel (SAF) for a sector requiring climate friendly fuel options as it starts to recover from the impacts of COVID-19.

Calgary-based Suncor Energy Inc. and Japanese trading and investment company Mitsui & Co. Ltd. are investing $15 million and $10 million, respectively, to establish LanzaJet. The funding will be used to construct a demonstration plant that will produce 10 MMgy of SAF and renewable diesel starting from sustainable ethanol sources. Production is expected to start in early 2022.

This initial investment coupled with participation from All Nippon Airways will complement the existing $14 million grant from the U.S. DOE, enabling the construction of an integrated biorefinery at LanzaTech's Freedom Pines site in Soperton, Georgia, according to the LanzaTech release.

The LanzaJet process can use any source of sustainable ethanol for jet fuel production, including, but not limited to, ethanol made from recycled pollution, the core application of LanzaTech's carbon recycling platform.

Commercialization of this Alcohol-to-Jet (AtJ) process began with a partnership between LanzaTech and the DOE's Pacific Northwest National Laboratory (PNNL) for the development of a unique catalytic process to upgrade ethanol to alcohol-to-jet synthetic paraffinic kerosene (ATJ-SPK) which LanzaTech took from the laboratory to pilot scale. (Source: LanzaTech, PR, 3 June, 2020) Contact: LanzaTech, Dr. Jennifer Holmgren, CEO, (630) 439-3050, jennifer@lanzatech.com, www.lanzatech.com; Suncor Energy, www.suncor.com; Mitsui & Co, www.mitsui-global.com

More Low-Carbon Energy News LanzaTech,  Suncor,  Mitsui,  SAF,  Aviation Biofuel,  Renewable Diesel,  


Japanese Banking Majors End Coal-Fired Plant Funding (Int'l.)
Sumitomo Mitsui Financial
Date: 2020-04-17
Japanese financial services giant Sumitomo Mitsui Financial Group (SMFG) Inc. reports it will no longer lend to new coal-fired power plants from May 1, 2020. Mizuho Financial Group Inc. will also cease financing for new fossil fueled power projects but may support upgrades to existing coal-fired plants aiming to lower CO2 emissions.

Worldwide, Japanese banks are among the few major lenders who have stuck to backing coal projects. The nation's three major banks, SMFG, Mizuho and Mitsubishi UFJ Financial Group, have been among the world's top five lenders to the coal power and mining industries over the past five years, according to Refinitiv SDC Platinum data. (Source: Sumitomo Mitsui Financial, Japan Times, 16 April, 2020) Contact: Sumitomo Mitsui Financial Group, www.smfg.co.jp/english

More Low-Carbon Energy News Coal,  Carbon Emissions,  Climate Change,  


Macquarie's GIG Completes 48-MW Polish Wind Farm Purchase (M&A)
Green Investment Group Ltd
Date: 2019-11-15
Macquarie Group Ltd owned Green Investment Group Ltd is reporting acquisition of the 48-MW, Zajaczkowo wind farm near the city of Slupsk in Poland from J-Power Investment Netherlands BV and Mitsui Renewable Energy Europe Ltd. Financial details have not been released.

The Zajaczkowo wind farm's 24 Vestas V80 turbines supplies sufficient power for more than 38,000 homes. The deal is GIG's second Polish renewable energy investment. (Source: Green Investment Group Ltd. Rnewables, 13 Nov., 2019) Contact: Green Investment Group, www.greeninvestmentgroup.com

More Low-Carbon Energy News Wind,  Renewable Energy,  


Mitsui Looks to Synthetic Methane to Cut Shipping Emissions (Int'l)
Mitsui O.S.K.
Date: 2019-08-05
Tokyo-headquartered maritime shipping firm Mitsui O.S.K. (MOL) reports it will focus on reducing its shipping operation CO2 emissions by using synthetic methane as an alternative to current fossil-based bunker fuels.

With the same focus, the company has also joined the Carbon Capture and Reuse (CCR) Study Group which is looking into the implementation of effective carbon neutral measures to reduce the use of fossil fuels by offering alternative energies such as synthetic methane, which is generated by combining CO2 generated by industries with renewable energy-derived hydrogen. (Source: MOL, Bunkerspot, Aug., 2019) Contact: Mitsui O.S.K. (MOL), Junichiro Ikeda, Pres., CEO, www.mol.co.jp/en; Carbon Capture and Reuse Study Group, www.hitachizosen.co.jp/english/release/2016/11/002421.html

More Low-Carbon Energy News Carbon Captureand Reuse,  Mitsui,  Methane,  


Mitsui Looks to Synthetic Methane Marine Fuel (Int'l)
Mitsui
Date: 2019-08-05
Tokyo-headquartered maritime shipping firm Mitsui O.S.K. (MOL) reports it will focus on reducing its shipping operation CO2 emissions by using synthetic methane as an alternative to current fossil-based bunker fuels.

With the same focus, the company has also joined the Carbon Capture and Reuse (CCR) Study Group which is looking into the implementation of effective carbon neutral measures to reduce the use of fossil fuels by offering alternative energies such as synthetic methane, which is generated by combining CO2 generated by industries with renewable energy-derived hydrogen. (Source: MOL, Bunkerspot, Aug., 2019) Contact: Mitsui O.S.K. (MOL), Junichiro Ikeda, Pres., CEO, www.mol.co.jp/en; Carbon Capture and Reuse Study Group, www.hitachizosen.co.jp/english/release/2016/11/002421.html

More Low-Carbon Energy News Methane news,  Synthetic Methane news,  Misui news,  Marine Fuel news,  


ENGIE'S 119MW Willogoleche Australia Wind Farm Now Online (Int'l)
Engie,ENGIE, Mitsui & Co
Date: 2019-07-31
In the Land Down Under, French renewable energy developer ENGI is reporting its 119MW Willogoleche wind farm in South Australia has been completed and is now online. The project, which incorporate 32 units of GE's 3.8MW turbines at scale, was completed by Engie and JV partner Mitsui & Co, two years after it was announced in 2017.

ENGIE notes power generated by the wind farm will be delivered via its retail power arm, Simply Energy, which has more than 700,000 customers in Australia, including nearly 90,000 in South Australia.

In addition to Willogoleche, ENGIE operates the 46MW Canunda Wind Farm in South Australia and has renewable energy projects under development in Queensland and New South Wales. (Source: ENGIE, Various Media,ReNew Energy, 30 July, 2019) Contact: ENGIE, www.engie.com; Mitsui & Co, www.mitsui-global.com

More Low-Carbon Energy News Mitsui & Co,  ENGIE,  Engie,  Wind,  South Africa Wind,  


Celanese Upping Methanol Production at Texas Facility (Ind. Report)
Celanese
Date: 2019-04-17
Celanese Corporation, a global chemical and specialty materials company, is reporting plans to significantly expand methanol production capacity to 125 pct of original capacity at its Clear Lake acetyl intermediates manufacturing facility in Pasadena, Texas.

Celanese recently received approvals from the Fairway Methanol LLC board of directors for a second phase expansion, which will increase production to 1.7 million mtpy approximately 125% of the original nameplate capacity -- to be implemented as soon as operationally feasible and pending customary regulatory and permitting approvals. Financial details of the project are not being disclosed at this time. In parallel with this expansion, Celanese and Mitsui will evaluate additional cost effective expansion options for the Clear Lake methanol unit. (Source: Celanese, PR, 17 April, 2019) Contact: Contact: Celanese, Inv. Relations, Chuck Kyrish, (972) 443- 4574, chuck.kyrish@celanese.com, www.celanese.com

More Low-Carbon Energy News Methanol news,  Celanese news,  


London Launches Small Business Energy Efficiency Fund (Int'l)
London
Date: 2018-07-13
In the UK, London Mayor , Sadiq Khan, has announced the £500 million Energy Efficiency Fund (MEEF) to help small businesses and public sector organizations invest in low carbon measures such as battery storage, electric vehicle charging infrastructure, small-scale renewable energy generation, upgrade existing infrastructure, reduce businesses costs, energy use, and cut carbon emissions.

The MEEF will offer a flexible, wide range of funding options on a per-project basis through a consortium of funders including Lloyds Bank, NatWest, Santander UK, Sumitomo Mitsui Banking Corporation, and Triodos Bank. Amber Infrastructure Group will manage MEEF, and is now accepting applications.

The MEEF is part of the Mayor's campaign to slash London's emissions by 60 pct below 1990 levels by 2025 before reaching net zero carbon emissions by 2050.

Starting in October 2018, the City of London will source 100 pct of its power needs from renewable energy sources by installing solar panels on local buildings, investing in larger solar and wind projects, and purchasing clean energy from grid. The city has already initiated low-carbon projects to reduce CO2 emissions by over 35,000 tons. (Source: Office of London Mayor Sadiq Khan, Ecopreneurist, Carolyn Fortuna, 12 July, 2018) Contact: London Mayor , Sadiq Khan, www.london.gov.uk/about-us/contacting-city-hall-and-mayor

More Low-Carbon Energy News Energy Efficiency,  


Global Bio-Based Chemicals Sales Market Report 2018 -- Report Available (Ind. Report)
QyreseachReports
Date: 2018-07-11
Global Bio-Based Chemicals Sales Market Report 2018, a new research report from Brooklyn, New York-based QyreseachReports examines the factors that have amplified demand within the global market, market trends and dynamics, as well as Global Bio-Based Chemicals market manufacturers and players including: Mitsubishi Chemical Holdings; BASF; PTT Global; Purac; Mitsui & Co.; Abengoa Bioenergia, S.A; BioAmber Inc., Braskem; Cargill; CORBION Meredian Inc, ; Metabolix Inc.; Methanex Corporation; Myriant Technologies; NatureWorks; Novozymes ASS; and Royal DSM.

Download report samples HERE. Browse a complete report HERE. (Source: QyresearchReports, SBWire, 7 July, 2018) Contact: QyresearchReports, (518) 621-2074, sales@qyresearchreports.com, www.qyresearchreports.com

More Low-Carbon Energy News Biuochemical,  Biofuel,  Bioenergy,  


Sumitomo Mitsui Losing Interest in Coal Power Lending (Int'l)
Sumitomo Mitsui
Date: 2018-05-21
In Tokyo, Japan's Sumitomo Mitsui Financial Group has signaled it may rethink its financing of high-carbon, coal-fired power projects. In a statement, bank president Takeshi Kunibe said "Coal-fired power generation is relatively low cost and has a big impact on climate change, so we are considering to make our financing policy stricter."

Japanese firms have lagged efforts across global finance to align their businesses with climate change goals. Sumitomo Mitsui and its two main domestic rivals remain among the world's biggest funders of coal power projects, according to transparency advocacy group BankTrack. Other financial institutions cutting funding in the coal power sector include HSBC Holdings, Societe Generale and Deutsche Bank. (Source: Sumitomo Mitsui, Australia Financial Review, Others, 16 May, 2018) Contact: Sumitomo Mitsui, www.smbc.co.jp/global

More Low-Carbon Energy News Sumitomo Mitsui,  Coal,  Coal-Fired Power,  

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