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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

Green Car Congress

The investment is the biggest milestone to date of Cepsa’s Positive Motion energy transition plan to lead sustainable mobility and the production of green hydrogen and advanced biofuels in Spain and Portugal this decade. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

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CSIRO and partners launch $68M Hydrogen Industry Mission

Green Car Congress

CSIRO, Australia’s national science agency, launched a new $68-million Hydrogen Industry Mission. The research mission is intended to help drive down the cost of hydrogen production to below $2 per kilogram, making the fuel more affordable and helping to position Australia to lead the world in exporting hydrogen by 2030.

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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. Earlier post.) Twenty of the trucks will be deployed as part of the Joint Electric Truck Scaling Initiative, or JETSI project.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000. BYD last year sold 1.57

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Technip Energies launches suite of blue hydrogen production technologies

Green Car Congress

Technip Energies has launched of BlueH 2 by T.EN, a full suite of deeply-decarbonized and affordable solutions for hydrogen production. Building on its more than 50-year track record in the hydrogen market, Technip Energies is expanding its role into low/no-carbon energy solutions. Technip Energies’ BlueH2 by T.EN

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

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

Green Car Congress

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.

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