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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) This is then made into synthetic fuel.

Chile 195
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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

Green Car Congress

The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina. Enel is a multinational power company and a leading integrated player in the global, power, gas and renewables markets.

Grid 170
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Domestic installation of energy-efficient heat pumps came to $50.8 billion, and wind (onshore and offshore) down 6% at $142.7 billion, down 12%. billion.

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EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

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Renewable hydrogen is an energy carrier produced from renewable sources such as wind and solar and can be used to replace fossil-based hydrogen for industrial processes or as alternative fuel in the transport sector, especially in heavy-duty and long-distance trucks, buses, ships and planes.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 billion of final investment decisions on offshore wind projects in Europe. A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

2014 150
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Adani Group’s USD 1.2-bn copper plant to boost India’s metal production – ET Auto

Baua Electric

Technologies critical to the energy transition like electric vehicles (EVs), charging infrastructure, solar photovoltaics (PV), wind and batteries, all require copper. Global demand for copper from solar photovoltaic (PV) installations alone is estimated to double to 2.25 The number is expected to rise to 1.7 million tonnes.

Auto 52