article thumbnail

Chemours investing $200M to expand Nafion production in France

Green Car Congress

The Chemours Company will invest $200 million to increase capacity and advance technology for its Nafion ion exchange materials to be located at Chemours’ manufacturing facility in Villers-Saint-Paul, France. Our society has a tremendous opportunity to build a more sustainable future, and that must include transitioning to cleaner energy.

France 218
article thumbnail

BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Energy storage installations around the world will multiply exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). Global cumulative energy storage installations. Source: BloombergNEF.

article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor.

Oil 418
article thumbnail

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

Green Car Congress

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). billion raised—up 63% on the previous year.

Financing 243
article thumbnail

Bloom Energy announces hydrogen-powered energy servers to make always-on renewable electricity a reality

Green Car Congress

Bloom Energy, a developer of solid oxide fuel cell power generators, announced the ability of its Energy Servers to operate on renewable hydrogen. Current Bloom Energy Servers generate electricity using natural gas or biogas as fuel.

Renewable 305
article thumbnail

ENGIE launches fleet of 50 hydrogen fuel cell Renault Kangoo Z.E. vans, inaugurates first alternative multi-fuel station in France

Green Car Congress

France-based global energy and services group ENGIE has launched a fleet of 50 hydrogen-powered Renault Kangoo Z.E. These vehicles will be used by ENGIE Cofely technicians to ensure multi-technical operations and maintenance work for commercial buildings in the ĂŽle-de-France.

France 240
article thumbnail

EU investing €1.8B in 17 large-scale clean tech projects

Green Car Congress

Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. A third project will capture the CO?

Clean 334