- In 13 October 2022, Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. developed a cutting-edge waste heat recovery system, the WHR-ORC system, based on Organic Rankine Cycle technology. This innovation addresses the declining waste heat recovery from main engines as fuel efficiency improves, contributing to energy efficiency in large vessels
- In November 2022, Swiss industrial group ABB Ltd. made a strategic move by acquiring a minority stake in the UK-based climate tech start-up, Tallarna Ltd. This acquisition aimed to enhance ABB's portfolio of user-friendly energy management technologies and bolster its Smart Power division's digital offerings.
