Innovative solutions can come from the most unlikely places, as was discovered by Green Fuels Research. In 2023, the company launched Firefly Green Fuels as a spin-out venture with a focus on transforming sewage sludge into a sustainable fuel for aviation.
Inditex (BME:ITX), owner of major high street fashion brands including Zara, Bershka and Pull&Bear, has partnered with A.P. Møller-Maersk (NASDAQ:MAERSKA) to tackle the shipping emissions of its supply chain.
UK Research and Innovation (UKRI) has awarded £53 million in funding to boost knowledge, innovation and create new technologies to decarbonise the energy sector.
In November 2020, four young graduates from the Massachusetts Institute of Technology banded together with the foundation of Amogy. Seonghoon Woo, Young Suk Jo, Hyunho Kim and Jongwon Choi have since been joined by over 140 employees as their company has expanded from its New York headquarters to additional offices in Houston and Norway.
Plans for the creation of a factory that produces “fossil-free” fuels have taken a step forward as Aberdeen’s Global E&C announced a partnership with a start-up technology firm, Zero.