Ørsted, a prominent US clean energy developer, has secured up to USD 100 million in federal funding from the DOE for its Power-to-X initiative, Star e-Methanol, in Texas. The project, among 33 selected nationwide, aims at commercial-scale decarbonization for energy-intensive industries. Star e-Methanol targets an annual production of 300,000 metric tons, serving marine shipping and aviation fuel sectors, reducing CO2 emissions by over 90%. It integrates wind and solar power for hydrogen electrolysis, captures biogenic carbon, and synthesizes e-methanol. The project anticipates generating 300 construction jobs and 50 permanent positions, with a focus on Houston, where Ørsted established a new office in 2024.
Ørsted secures USD 100M Federal funding deal
Star e-Methanol facility aims to create sustainable fuel for shipping and aviation. (Image Credit: Ørsted).
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)