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Clean Fuel Startup Amogy Raises $80 Million to Decarbonize Shipping, Power Generation

ESG Today

The company’s technology turns liquid ammonia into its base elements of hydrogen and nitrogen, using the hydrogen to power fuel cells or electric motors, allowing for zero-carbon transportation and power generation. We’re ready to meet that market demand. We’re ready to meet that market demand.

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Sustainability at Sea: How DP World Is Charting a Green Future for Maritime Trade

3BL Media

There, container ships can shut down their auxiliary diesel engines and plug into the local electrical grid while berthed – cutting emissions by up to 80%. We've introduced new ships that run on cleaner-burning methanol, upgraded vessels for greater efficiency, and improved routes to achieve measurable fuel savings.

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Cleantech Startup Amogy Raises $56 Million to Advance Carbon-Free Power Solutions for Hard-to-Abate Industries

ESG Today

With this latest financing, Amogy said that it will accelerate commercializing its technology in maritime shipping and stationary power generation, and continue strengthening its research and development efforts and manufacturing capabilities. To date, Amogy has raised more than $270 million.

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Tariffs Threaten Energy Transition Beyond US Borders

Chris Hall

These disruptions come when the US needs to triple its annual renewable energy deployment to remain on track for its 2035 zero-carbon power sector target, he added. Without offsetting incentives or exemptions, this policy direction places net zero goals at risk just as the pace of transition needs to accelerate.

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Landmark emissions deal for the shipping sector may not push transition to e-fuels fast enough

Envirotec Magazine

The shipping sectors first binding emissions targets were agreed on Friday 11 April, making it the first industry with internationally mandated targets of this kind. While considered a landmark deal, some observers say improvements are needed to the package of measures if the maritime sector is to reach net zero by 2050.

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Small-bore ammonia engine dispenses with need for pilot fuel

Envirotec Magazine

Dispensing with the need for any fossil-based ignition fuel, the Danish NH3 Spark FutureFlex project seems to mark a significant milestone in the effort to realize ammonia as a carbon-free fuel for applications like shipping and power generation.

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Etsy takes aim at shipping and packaging in setting 2030 net-zero goal

GreenBiz

Etsy takes aim at shipping and packaging in setting 2030 net-zero goal. For Etsy, the e-commerce marketplace known for handmade items like jewelry, art and apparel, Scope 3 emissions make up 99 percent of the company's carbon footprint. I know many companies have different definitions of net-zero. Deonna Anderson.

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