Climeon and Landsvirkjun sign Letter of Intent
Climeon and Landsvirkjun, the national power company of Iceland, have signed a Letter of Intent. The purpose of the cooperation is to evaluate a solution combining mineral extraction with Climeon’s technology for electricity production. The two have also agreed to cooperate in evaluating the extraction of minerals such as silica from geothermal brine using Geo40’s technology.
With more than half of the world’s geothermal power plants losing thermal efficiency, Climeon entered a partnership with a New Zealand company, Geo40, that has developed a technology for extracting minerals such as silica from the brine. Removing the silica means Climeon can utilize the waste heat from the high temperature geothermal power plants for power production, increasing the total power output.
Vestas receives a historic order for a German flagship project
Vestas has announced a German order for two V150-4.2 megawatts turbines from ABO Wind, which is building a 34MW park in the state of Brandenburg. 25MW was ordered previously from Vestas earlier this year. According to Vestas, the park will now be the largest of its kind in Germany with V150-4.2 megawatt turbines.
Maersk invests in carbon-neutral hydrogen technology
Maersk Drilling is investing in new technology that could eventually enable carbon-neutral drilling. Maersk has invested USD 1 million in California’s Clean Energy Systems, which is working on developing a technology called Carbon-Negative Energy, based on technology originally developed for the aerospace industry. The Carbon-Negative Energy concept is based on the use of biomass waste as a fuel to produce synthesis gas, from which renewable natural gas and hydrogen are separated for sale. According to Morten Kelstrup, COO of Maersk Drilling, “By investing in Clean Energy Systems’ concept, we are helping to bring alive a new technology which can remove CO2 from the atmosphere. We believe the world needs a broad portfolio of technologies and solutions to meet the challenge posed by climate change, and by engaging in this project, we support the development of carbon capture and storage in a way that could allow us to progress towards carbon-neutral drilling”.
Circular business models being developed for Danish construction industry
Three business PhDs have been employed by Rambøll, an architecture and engineering firm. Their mission is to develop new business models, technologies and knowledge for Ramboll's customers and pave the way for circular construction and green transformation of the construction industry. The three researchers at Rambøll will, among other things, optimize the company's solutions with measuring sustainable building materials and develop an open source modelling tool that supports circular innovation within the SDGs in the construction industry. The work is done in close collaboration with DTU, The Innovation Fund and Realdania
Hydro’s grip on Norwegian power generation is slackening. Wind power increased by 74% per cent from July last year, and now represents 4.5% of Norway’s generation. Thermal power accounts for 2.6%, the remainder is hydro power.
The Nordic countries - Sweden, Denmark, Finland and Norway are some of the most dynamic and successful economies in the world. They are also leaders in sustainability, from renewable energy, biofuels, carbon capture and storage and the hydrogen economy, circular economy business models and battery development, the Nordics are pioneers in policy design, technology development and consumer uptake. Nordic Green is covering this transition for the international community. Every day we clip the stories of most relevance to international businesspeople and policy experts from the flow of news. We supplement these with our own opinion pieces and commentary, in English. Mundus was founded in 2012 to provide information and analysis to embassies accredited to Sweden. Mundus has a strong client base amongst diplomats, senior businesspeople and international students.