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IRENA sees renewable hydrogen at least cost-possible within decade

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Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.

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Renewable energy generation operations begin at 75MW Electrify America Solar Glow 1

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Electrify America has begun commercial operation of the new 75MW Electrify America Solar Glow 1 solar photovoltaic renewable energy generation project in San Bernardino County, CA, announced last year. Electrify America Solar Glow 1 is the result of a 15-year virtual power purchase agreement (VPPA) with developer Terra-Gen.

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DOE renews funding for PowerAmerica Institute; next-gen WBG semiconductors for power electronics

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The US Department of Energy (DOE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO) renewed funding for PowerAmerica , DOE’s first Clean Energy Manufacturing Innovation Institute.

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Chevron / Toyota road trip demonstrates renewable gasoline blend

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Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.

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Highview Power and Encore Renewable Energy to co-develop the first long-duration, liquid-air energy storage system in US

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Highview Power Storage, Inc., a provider of long duration energy storage solutions, and Encore Renewable Energy, a developer of renewable energy generation and storage projects, jointly announced plans to develop the United States’ first long-duration, liquid-air energy storage system.