article thumbnail

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

Green Car Congress

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 low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

Hydrogen 473
article thumbnail

Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

Africa 481
article thumbnail

EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

Green Car Congress

Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). In North Africa, LNG exports from Egypt increased by 0.7 An average of 49.0 Last year, LNG exports increased the most from the United States, a 2.9 Bcf/d increase compared with 2020.

Global 259
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

Sentyurin also acknowledged the role of Turkmenistan as one of the founders of the Forum, the 20 member countries of which today represent 71% of proven gas reserves, 45% of its marketed production, 53% of pipeline, and 60% of LNG exports across the world. It is headquartered in Doha, Qatar.

article thumbnail

Geely exports more than 100,000 vehicles in 2012; 164% year-on-year growth

Green Car Congress

Geely’s current major overseas markets include Ukraine, Russia, Iraq and Saudi Arabia. In 2009, Geely bought the Australian transmission manufacturer Drivetrain Systems International (DSI) and then in 2010 Geely purchased Volvo Car Corporation from Ford.

2012 225
article thumbnail

Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
article thumbnail

AvtoVAZ launches 3 concepts at Moscow Motor Show; collaboration with Renault-Nissan

Green Car Congress

AvtoVAZ, the largest automaker based in Russia, a part of Rostec Corporation, introduced three new LADA concept cars at the Moscow International Motor Show 2014. AvtoVAZ is also eyeing foreign markets. One such market is the Middle East. AvtoVAZ and its LADA brand have been active in the MENA automotive market for decades.

Nissan 218