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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. trillion of that going to wind and solar and a further $1.5

Wind 220
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Anglo American unveils prototype 2MW hydrogen-battery hybrid mine haul truck

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Anglo American plc unveiled a prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions at its Mogalakwena PGMs (platinum group metals) mine in South Africa. South Africa’s Hydrogen Valley. The hydrogen economy provides an opportunity to create new engines of economic activity.

Hydrogen 369
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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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The levelized cost of electricity analysis for H2 2015 shows onshore wind to be fully competitive against gas and coal in some parts of the world, while solar is closing the gap. Our report shows wind and solar power continuing to get cheaper in 2015, helped by cheaper technology but also by lower finance costs.

Wind 150
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Sasol and ITOCHU to partner on green ammonia and hydrogen

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South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

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Renault and Nissan investing $600M in new models for India, including two EVs

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Renault and Nissan announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. At the same time, the RNAIPL factory will become carbon-neutral with a significant increase in renewable energy generation.

India 332
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Starfire Energy closes major funding round; green ammonia and hydrogen solutions

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Starfire Energy, a Colorado-based developer of modular chemical plants for the carbon-free production of ammonia and hydrogen, has closed a major funding round. Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.

Hydrogen 377
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World Bank Group: mineral production to soar as demand for clean energy increases

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It estimates that more than 3 billion tons of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage, to achieve greenhouse gas emission reductions sufficient to achieve a below 2°C future. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243