Occidental and ADNOC will evaluate investment opportunities in Direct Air Capture (DAC) facilities and carbon dioxide (CO2) sequestration hubs in the United States and the United Arab Emirates (UAE) as a pathway toward the development of carbon management platforms to accelerate the net-zero goals of both companies.
Yanmar Power Technology Co., Ltd. (YPT), a subsidiary of Yanmar Holdings, has successfully commercialized a maritime hydrogen fuel cell system towards decarbonization of the maritime industry. The company plans to propose the installation of this system into various ships, including passenger ships, work ships, and cargo ships operating in coastal areas where hydrogen refueling is relatively accessible.
Ørsted Taiwan, part of the world’s largest offshore wind company Ørsted, has selected Mammoet-Giant Taiwan, a joint venture between Mammoet, the engineered heavy lifting and transport specialist, and Taiwanese Giant Heavy Machinery Services—to provide essential support for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan.
The Bureau of Ocean Energy Management (BOEM) has announced three final Wind Energy Areas (WEAs) offshore Delaware, Maryland, and Virginia, which were developed following extensive engagement and feedback from states, Tribes, local residents, ocean users, federal government partners, and other members of the public. If fully developed, the final WEAs could support between four and eight gigawatts of energy production.
The Maine Legislature has passed a bill advancing the state’s offshore wind industry, with Governor Mills expected to now sign the bill into law. The bill calls for Maine to procure 3 GW of offshore wind power generation by 2040, enough to power 900,000 homes and supply half of the state’s total electricity demand.
The Department of the Interior will hold the first-ever offshore wind energy lease sale in the Gulf of Mexico, advancing the Biden-Harris administration’s work to deploy 30 gigawatts (GW) of offshore wind energy by 2030 and reach a carbon-free electricity sector by 2035.