RINA Grants Approval in Principle to Kindon New Energy Technology Co. for New Energy Technology

Revolutionizing Sustainability: Kindon New Energy’s Green Methanol Production Platform Earns RINA Approval in Principle

Kindon New Energy Technology (Jiangsu) Co., Ltd. has received the Approval in Principle (AiP) from RINA, a multinational company that specializes in inspection, certification, ship classification, and engineering consultancy. The AiP confirms that the green methanol produced by the company adheres to the highest standards of sustainability.

The platform produces methanol entirely offshore using renewable CO2 and green hydrogen generated from wind power electrolysis technology. Luigi Mattera, Greater China Marine Operations Director at RINA, emphasized the importance of supporting decarbonization technologies and highlighted the significance of using Direct Air Capture (DAC) technology to produce green methanol offshore. This technology captures carbon dioxide from industrial processes and stores it underground or uses it as a feedstock for other products such as green methanol.

Kindon New Energy’s CEO, Wenbo Wang, explained that the production process involves using green hydrogen, renewable CO2 captured through DAC, and sustainable electricity to synthesize methanol. This concept offers a sustainable alternative to fossil fuels and contributes to the global effort to reduce carbon emissions. The offshore production platform developed by Kindon New Energy is designed to produce 0.1 million metric tonnes per annum (MTPA) of green methanol. The electricity needs are met by green power generated from offshore wind farms. The platform is also engineered to accommodate future access to additional sources of green or biomass-derived CO2.

RINA expressed their satisfaction in awarding Kindon New Energy the AiP for their innovative production platform, underscoring its role in promoting sustainable and environmentally friendly practices in the marine and offshore industries.

The AiP confirms that Kindon New Energy’s groundbreaking solution meets RINA’s rigorous standards for sustainability and environmental impact. It marks an important milestone in the development of clean energy technologies and demonstrates how they can be applied on a large scale to reduce carbon emissions.

In conclusion, Kindon New Energy’s innovative solution for producing green methanol offshore is a significant step forward in promoting sustainable practices in the marine industry. With support from companies like RINA, this technology can play a vital role in reducing carbon emissions and contributing to a more sustainable future for our planet.

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