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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa active and upcoming capacity combined.

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Local Production of Plug-In Hybrids Up 5X In South Africa

CleanTechnica EVs

South Africa is one of the main motor vehicle assembly and manufacturing hubs on the African continent. Vehicles are produced in South Africa for the local South African market, the regional markets on the African continent, and for export to countries on other continents, such as Europe.

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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

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A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. Of these regions, Central Africa’s IFLs had the highest overlap with extractive concessions (26%). Grantham et al.

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LCA finds EMN high-purity manganese products have lower carbon footprint than incumbent industry

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Highlights of the results include: The GWP of HPEMM produced at Chvaletice, using 100% renewable power, is 64% lower than the estimated GWP of HPEMM produced by the incumbent industry. HPMSM produced in China using ore from South Africa has higher levels of trace elements of fluorine and silicon compared to Chvaletice’s HPMSM.

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Growing Plugless Hybrid EV Market Share In Japan Has Direct Implications On The African Vehicle Market

CleanTechnica EVs

The Japanese auto industry dictates the African vehicle market, especially in east and southern Africa, where 90% of the vehicles imported into this region are vehicles from Japan. Japanese brands rule in Africa and Toyota is King. Most of these vehicles are imported as used vehicles.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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BNEF’s 2H 2022 Energy Storage Market Outlook sees an additional 13% of capacity by 2030 than previously estimated, primarily driven by recent policy developments. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.