Nofar Energy, which is listed on the Tel Aviv Stock Exchange, intends to install a 255 MW solar power plant on 290 hectares of land in southern Romania. The utility said it expects annual revenue of 27 million euros. Nofar said it aims to start construction in 2023, pending the necessary permits. The investor revealed that it has a total of 579 MW in pipeline in Romania, including the Răteşti project with a planned installed capacity of 155 MW.
The Sauk Valley Hydrogen project in Illinois will produce green hydrogen using electricity from Invenergy's co-located solar power plant. Green hydrogen projects can scale quickly and efficiently to reach megawatt to gigawatt applications. The project will break ground in the coming months and is expected to be fully operational by the end of 2022.
Upgrades allow older engines to be prepared for future climate-neutral operation. 80% of all necessary adjustments and changes are made during lifecycle upgrades. Based on 6,000 hours of full-load operation, users can save about 500 tons of fuel and 25 tons of lubricating oil per year. Newly modified engines can also be upgraded to run on synthetic fuels.
Peterhead International (PIL) has signed a contract with a Chinese shipyard for the progressive delivery of four 8,000 TEU LNG dual-fuel vessels in 2025. Lars Kastrup, chief executive of PIL, said the ships would help meet its decarbonisation target of achieving net zero emissions by 2050. The new vessel will be equipped with an ammonia intermediate-ready fuel tank and run on LNG and low-sulphur fuel oil.
A methanol dual fuel. The 300,000 dwt crude oil carrier has received approval in principle (AIP) from Korea Classification Society (KR). Methanol is considered to have high commercial potential because it offers less technical difficulty than LNG and is less toxic than ammonia. Methanol can be stored as a liquid at room temperature, similar to marine oil, making it easier to store and transport.
Norway-listed BW LPG has announced that it has converted the main engine of the 'BW Malacca' to dual-fuel operation. The last of its kind in a series of 15 LPG carriers that were refitted with MAN B&W 6G60ME-C9.2 engines. The work was carried out at Yaolian Shipyard in Shenzhen, China, while the vessel is scheduled for a five-year berth.