NYK, a Japanese shipping firm, has entered into a partnership agreement with Power X Inc, a company that develops a sustainable energy ecosystem with integrated energy storage products.
As per the agreement, both companies will focus on R&D projects including marine ESS, power transfer vessel ‘Power Ark,’ battery-powered vessels, ship electrification, and zero-emission ports. The deal also includes sales and promotion for these projects.
The companies will collaborate resources to jointly develop and test a power transfer vessel and marine energy storage systems (ESS). They will also promote initiatives for accelerating the adoption of renewable energy.
Recent Posts
Ammonia
Azane Unveils New Subsidiary to Drive Ammonia Bunkering Development Oslo, Norway
Fuels Heavy oils
Public sector carbon emissions fall to 3.7 mn tonnes in Singapore
Fuels Heavy oils
UltraTech Cement targets to achieve 85% green energy
Fuels LNG
JCB unveils hydrogen combustion technology