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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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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.

Hydrogen 397
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
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IDTechEx: EV market doubles down on permanent magnets despite material costs

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While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly. To date, the three main categories used in the electric car market are permanent magnet motors, induction motors, and wound rotor motors. At peak 2022, neodymium price was 3.8x

Market 259
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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

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A new approach developed by researchers from the International Institute for Applied Systems Analysis (IIASA) in Austria and international colleagues proposes using solid air (nitrogen or oxygen) as a medium for recycling cooling energy across the hydrogen liquefaction supply chain. The Solid Air Hydrogen Liquefaction process © Hunt et al.

Hydrogen 273
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Umicore inaugurates CAM plant in Poland; complete battery materials value chain in Europe

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This makes Umicore the first company in Europe with a complete circular and sustainable battery materials value chain. With this gigafactory, Umicore is leading the way in battery materials in Europe offering key ingredients for a responsible and sustainable value chain for electric transport.

Poland 273
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Mercedes-Benz Cars plants to source electricity from German wind farms

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Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020. Statkraft is an important player in energy trading.

Wind 286
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thyssenkrupp nucera to supply 700+ MW of electrolyzers to H2 Green Steel for one of the largest integrated green steel plants in Europe

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thyssenkrupp nucera is partnering with H2 Green Steel in constructing the first large-scale green steel plant in Europe. This will also create one of the largest water electrolysis plants in Europe. The green hydrogen will power a new, fully integrated, digitalized and cycle-oriented steel plant in Boden, northern Sweden.

Green 186