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The STS transfer carried out between two vessels demonstrated the safe handling and transfer of ammonia, a carbon-free fuel touted as a key component in decarbonizing the maritime sector.
The bilateral accord, signed during a high-level meeting in Singapore, outlines a framework for joint research, development, and deployment of cutting-edge CCS technologies. This partnership aims to enhance both countries’ capabilities in capturing carbon dioxide emissions from industrial processes and securely storing them to mitigate environmental impact. The collaboration also includes sharing best practices, technical expertise, and investment in innovative solutions to advance CCS infrastructure.
The initiative comes in response to growing concerns about the environmental impact of traditional fertilizer production methods, which are known for their high energy consumption and greenhouse gas emissions. By advocating for clean technology, the government seeks to modernize the industry, enhance efficiency, and mitigate the adverse effects of conventional fertilizer manufacturing on Indonesia’s ecosystems.
The Indonesian government has announced plans to actively promote and expand its export of EV batteries to African countries, capitalizing on the continent’s increasing demand for clean energy technologies and automotive innovations. This initiative is part of a broader strategy to enhance Indonesia’s position in the global EV supply chain and stimulate economic growth through the export of high-value products.
The IPO, scheduled to open for subscription on August 5 and close on August 9, aims to raise substantial capital to fuel Ola Electric’s growth and innovation.