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Statkraft to supply renewable power for Fortescue’s Holmaneset 300 MW green hydrogen & green ammonia project

Green Car Congress

Fortescue Future Industries (FFI) has secured renewable power for its proposed Holmaneset green energy project , entering into a long-term Power Purchase Agreement (PPA) with Statkraft. FFI undertook a Scoping Study across Norway to identify potential locations for the development of renewable energy and port facilities.

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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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H2@Scale project launched in Texas; renewable hydrogen for multiple end-use applications

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The project is supported by DOE’s Hydrogen and Fuel Cell Technologies Office within the Office of Energy Efficiency and Renewable Energy. The project partners will generate zero-carbon hydrogen onsite via electrolysis with solar and wind power and reformation of renewable natural gas from a Texas landfill.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. Vancouver, Canada. 17th May 2022. MWh to €156.40/MWh MWh in 2050).

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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.”

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022. By investing in industrial eFuel production, Porsche is further expanding its commitment to sustainable mobility. Earlier post.).

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Ørsted acquiring 45% ownership of Liquid Wind FlagshipONE e-methanol project

Green Car Congress

Ørsted and Liquid Wind AB have reached an agreement under which Ørsted will acquire a 45% ownership share of Liquid Wind AB’s FlagshipONE e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to decarbonize the maritime sector, of which FlagshipONE will be the first. Earlier post.).

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