Vast Unveils LOI with Mabanaft for Potential Equity Investment in World-First Solar Methanol Project at the Maritime Industries Australia Decarbonisation Summit streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Today in Perth at the Maritime Industries Australia Decarbonisation summit, Vast Solar Pty Ltd (Vast) announced that it has executed a letter of intent (LOI) with German energy company Mabanaft GmbH & Co. KG (Mabanaft) for potential offtake and equity investment in Solar Methanol 1 (SM1), a world-first green methanol demonstration plant.
Mabanaft GmbH & Co. KG and Hapag-Lloyd AG have signed a Memorandum of Understanding (MoU) to evaluate options for the supply of ammonia as bunker fuel to Hapag-Lloyd in and around the Port of Hamburg, Germany and also the Port of Houston, Texas, USA.
Issuer: P2X-Europe GmbH & Co. KG / Key word(s): Sustainability New Power-to-Liquid plant at H&R s Hamburg site produces alternatives to fossil raw materials (news with additional features) 15.09.2022 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. .