article thumbnail

Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

Green Car Congress

Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 million (US$5 million) for the H2RES project from EUDP’s second 2019 call for applications.

Wind 259
article thumbnail

BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark.

Cost Of 210
article thumbnail

UQM Technologies to be acquired by Danfoss; ~$100M deal

Green Car Congress

has entered into a definitive merger agreement with the Danfoss Power Solutions (US) Company, a wholly-owned subsidiary of Denmark-based Danfoss A/S, under which Danfoss will acquire all outstanding common shares of UQM for $1.71 over UQM’s closing share price on 18 January 2019 and a 71.4% UQM Technologies, Inc.

Mariner 223
article thumbnail

NIO to start ET5 delivery in Germany on Mar 31

CN EV Post

percent tax credit rule that applies to German electric vehicles from January 1, 2019. With the mid-size sedan NIO ET5, we are specifically expanding our electric mobility segment in Germany, creating broader user access to the NIO community thanks to an attractive equipment and price package," he added.

Germany 145
article thumbnail

Electric trucks and buses show massive sales growth in Europe – Charged EVs

Baua Electric

In the overall bus market, including long-haul interurban coaches, electric bus market share was “only” 22%—but that represents a five-fold increase in market share since 2019. In 2023, battery-electric transit buses made up 100% of purchases in Luxembourg, Ireland and Denmark, and 98% in the Netherlands.

Europe 52
article thumbnail

Danish team electrifies steam-methane reforming for greener approach to hydrogen production

Green Car Congress

Researchers from the Technical University of Denmark and Haldor Topsoe, with colleagues from the Danish Technological Institute and Sintex have developed a “ disruptive approach to a fundamental process ” by integrating an electrically heated catalytic structure directly into a steam-methane–reforming (SMR) reactor for hydrogen production.

Hydrogen 300
article thumbnail

Street network patterns reveal global trend towards increasing urban sprawl

Green Car Congress

A rapid policy response, including regulation and pricing tools, is needed to avoid further costly lock-in during this current, final phase of the urbanization process. Christopher Barrington-Leigh and Adam Millard-Ball (2019) “A global assessment of street-network sprawl” PLOS ONE doi: 10.1371/journal.pone.0223078. 1905232116.

Global 195