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September 09, 2021
Technology Editor

United to purchase 1.5 billion gallons of Sustainable Aviation Fuel

CHICAGO: United Airlines and Honeywell have invested in Alder Fuels to develop Sustainable Aviation Fuel (SAF) from converted biomass as a 100 percent drop-in replacement for jet kerosene. As part of the agreement, United will purchase 1.5 billion gallons of…
September 01, 2021
Technology Editor

New offshore wind power technology to cut costs

OSLO: Wind Catching Systems (WCS), supported by Norwegian oil and gas service company Aibel, Is developing floating wind power technology capable of providing power to 80,000 homes from a single multi-turbine platform. The company says its goal is to complete…
August 27, 2021
Technology Editor

Swiss Re signs carbon-capture agreement with Climeworks

ZURICH: Swiss Re has signed a 10-year, $10 million agreement with Climeworks, a specialist in CO2 capture and storage technology, as part of its goal to reach net-zero operations by 2030. The two companies have also agreed to collaborate on developing risk…
August 03, 2021
Technology Editor

DHL orders 12 electric-powered aircraft

BONN/ARLINGTON, VA: DHL Express has ordered 12 electric-powered ‘Alice’ aircraft from Israeli manufacturer Eviation for short-haul freight services from 2024. With its first flight due later this year, Alice will have a maximum payload of 1,200 kilos and a…
July 23, 2021
Technology Editor

New AI-based solution for supply chain climate risk

SAN FRANCISCO: ClimateAi, applying artificial intelligence (AI) to climate risk modeling, has launched a SaaS solution for companies wanting to know the risk level of climate change on their supply chains. The company says potential customers can optimize…
June 18, 2021
Technology Editor

First SAF production from Swedish forests by 2026

AMSTELVEEN, The Netherlands: The Swedish Energy Agency has awarded €500,000 to a Dutch-Swedish consortium including KLM to continue R&D into developing Sustainable Aviation Fuel (SAF). The consortium also includes forestry group Södra, fossil-free energy…
June 11, 2021
Technology Editor

CMA CGM leverages space technology for business future

TOULOUSE, France: CMA CGM has signed a five-year agreement with France’s space agency CNES to identify, design and develop innovative solutions for marine shipping logistics and the space industry. Mutual R&D will cover smart ship routing to enhance crew…
June 08, 2021
Technology Editor

Marine shipping CEOs propose US$5 billion R&D decarbonisation plan

LONDON: As leaders of the G7 economies prepare to meet in the UK on June 11, CEOs of 17 shipping lines are calling on governments to support a US$5 billion R&D programme to enable low-carbon and carbon-free ships meet an International Maritime Organization…
June 02, 2021
Technology Editor

Bill Gates signs investment deal with European Commission

BRUSSELS: The European Commission and Bill Gates’ company Breakthrough Energy have signed a partnership to mobilise up to US$1 billion between 2022-26 to build large-scale, commercial demonstration projects for clean technologies. The two sides intend to…
May 19, 2021
Technology Editor

Sail technology to reduce costs for ore carrier

HELSINKI: Norsepower, a global provider of auxiliary wind propulsion systems, has installed five tilting Rotor Sails on a Very Large Ore Carrier (VLOC) newbuild chartered by Vale, the Brazilian mining company. Owned by Pan Ocean Ship Management, the 325,000…
May 07, 2021
Technology Editor

South Pole and Mitsubishi launch carbon capture credits facility

ZURICH: Climate mitigation company South Pole and the Mitsubishi Corporation plan to acquire US$300-800 million worth of certified carbon removal credits by 2030 with the launch of their ‘Next Generation Carbon Removal Purchase Facility’. The initiative will…
May 03, 2021
Technology Editor

Carbon credits and accreditation process explained

BOULDER CREEK, CA: Pachama, a technology-based carbon credit and nature restoration company, has received US$15 million in a new round of funding led by existing investors Breakthrough Energy Ventures (Bill Gates), Amazon’s Climate Pledge Fund, Saltwater…

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