The report 22/10/2021

Weekly briefing from

Commentary: Offshore sector an attractive opportunity for debt and equity investors, says North Star

In August, UK-based offshore support vessel company North Star Renewables secured £96 million in funding from Allianz Global Investors to build three new hybrid Service Operations Vessels. speaks with the company’s Chief Strategy Officer, Fraser Dobbie, to find out more about the environmental credentials of the vessels and why the sector is an attractive option for debt and equity investors.

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Energy News: Methanol Institute: ‘EU’s Fit for 55 agenda is an opportunity for progress on shipping emissions’

The Methanol Institute has welcomed the European Union’s Fit for 55 measures as ‘an opportunity to advance the availability of alternative fuels for shipping’ – but also urged the European Commission to consider how best to support the industry on the journey towards ‘the ultimate goal of carbon neutrality by 2050’.

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Technology News: Ballard and Forsee Power teaming up to develop integrated fuel cell and battery solution

Ballard Power Systems and Forsee Power have signed a Memorandum of Understanding to combine their respective strengths in fuel cells and battery systems to develop a ‘full integrated solution’ for heavy-duty hydrogen mobility applications.

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Policy News: UK government sets out path to net zero strategy

With the UN Climate Change conference (COP26) coming to Glasgow at the end of next week, the UK government has published its Net Zero Strategy document, which aims to show how the country will achieve net zero emissions by 2050 through a transition to clean energy and green technology.

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Knowledge News: Newly launched non-profit focuses on climate action opportunities

Opportunity Green – a new organisation looking to decarbonise shipping by identifying and unlocking the economic opportunities from tackling climate change – has been officially launched this week.

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