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Topsoe to provide technology for first commercial size dynamic green ammonia plant in China

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Topsoe has been chosen by Mintal Hydrogen to provide technology to the first dynamic green ammonia plant in China. The dynamic green ammonia plant is Topsoe’s first Power-to-X project in China and includes Topsoe’s process licensing, engineering design package, proprietary equipment, and catalysts. Mintal Hydrogen Energy Technology Co.,

China 218
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. In 2021 alone, China’s CO 2 emissions rose above 11.9

Emissions 370
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Cummins & Sinopec launch JV to produce and promote green hydrogen technologies in China

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and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., Cummins Enze, located in Foshan, Guangdong Province in China, will initially invest $47 million (RMB 300 million) to locate a manufacturing plant to produce proton exchange membrane (PEM) electrolyzers.

Hydrogen 321
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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Minerals and the materials derived from them are at the heart of energy transition strategies, and emerging markets and developing economies are the overwhelming providers. This surge occurred mostly in China, driven by steel manufacturing. —Baker Institute report Need Nickel?

China 416
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. —IEA Executive Director Fatih Birol.

Russia 458
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report. It also invested $58 billion in new wind projects, up 107% year-on-year. —Nannan Kou, BNEF’s head of China analysis. The 2Q figure, at $3.9

Financing 243
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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.