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Mercedes-Benz to source CO2-free electricity in Germany from solar, wind and hydropower from 2022 onwards

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A green power supply contract ensures the purchase of electricity from renewable energy sources at all times. The CO 2 -free electricity from solar, wind and hydro sources is generated in various power plants, most of which are located in Germany.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. NEO 2018 sees $11.5 NEO 2018 sees $11.5

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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. This will attract $13.3

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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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Source: California Energy Commission The latest data from the California Energy Commission (CEC) shows that in 2021 more than 37% of the state’s electricity came from Renewables Portfolio Standard (RPS)-eligible sources such as solar and wind, an increase of 2.7% Senate Bill 100 (2018) accelerates the RPS goal to 60% by 2030.

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Australia’s Jemena to supply green hydrogen to Hyundai from 2021; Green Gas project

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Leading Australian energy infrastructure company Jemena has signed a new deal to supply Australia’s emerging zero emission vehicle industry with renewably generated green hydrogen. Jemena’s Managing Director, Frank Tudor, said the deal will make hydrogen gas generated from solar and wind power available to the vehicle industry.

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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

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The 100% renewable electricity mix in Chengdu is the result of a newly signed supply contract and will reduce the plant’s CO 2 emissions by more than 11,000 tonnes per year. Under the new contract, around 65% of the electricity supply comes from hydropower, while the remainder comes from solar power, wind power and other renewable sources.

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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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