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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

Green Car Congress

The Keeling Curve Prize (KCP) has selected 10 winners for 2019, among them Opus 12 (Berkeley, California) which is developing a device that recycles CO? Each of the 10 2019 Keeling Curve Prize winners will receive $25,000 in prize money. is using pay-as-you-save financing to help transportation companies switch to electric buses.

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These canceled New York offshore wind farms totaling 1.7 GW just officially made a comeback

Baua Electric

Rendering: South Brooklyn Marine Terminal, Empire Wind Equinor’s Empire Wind 1 and Eversource and Ørsted’s Sunrise Wind previously canceled their offshore wind contracts with New York, but now they’re back. Sunrise Wind is scheduled to come online in 2026, and Empire Wind in 2027.

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

Green Car Congress

The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

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Rolls-Royce and SOWITEC cooperate on power-to-X projects

Green Car Congress

gigawatts of solar and wind projects installed in South America, Europe and Asia, the Baden-Württemberg-based company has extensive experience in developing financeable turnkey renewable energy projects, from concept to implementation, including investor sourcing. With more than 4.2

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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

Green Car Congress

The agreement replaces the existing agreement signed with Delta in 2019 to purchase 10 million gallons per year and bolsters Delta’s commitment to incorporating SAF into its operations. billion of revenue, inclusive of the value from environmental benefits, for Gevo over the seven-year term of the agreement. oneworld Alliance.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. These networks have to be resilient and smart to ward against future shocks but also to accommodate rising shares of wind and solar power. —Dr Birol.

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bp to invest up to $8B additional in transition growth engines by 2030, for cumulative $55-65B over 2023-2030

Green Car Congress

This compares to around 3% in 2019. bp aims to build a portfolio—including a global position in offshore wind—in support of green hydrogen, e-fuels, EV charging and power trading, together with continued growth in its self-funded solar joint venture Lightsource bp. In 2022, bp invested $4.9 billion over the year to $21.4

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