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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. On the other hand, venture finance deal values also grew from $595.23

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ERMA supporting Mkango in development of rare earth separation plant in Poland

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The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland.

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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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Notably, global hydrogen trade is projected to generate more than US$280 billion in annual export revenues by 2050, with North Africa expected to benefit the most (US$110 billion per year) due to its high export potential. trillion in developing economies.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. This year’s Climatescope headline results are undeniably disappointing.

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Spiro Secures $63 Million Financing Solution To Expand Its Fleet Of Electric Motorcycles, Batteries, & Swap Stations

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Spiro, a leading electric motorbike manufacturer and clean energy provider in Africa, has so far deployed over 9200 electric motorbikes across Benin, Togo, and Rwanda.

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Kenya’s Largest Commercial Bank, KCB, Partners With BasiGo Kenya To Finance Electric Buses For Public Transport Operators

CleanTechnica EVs

In a major boost for electric mobility in Kenya, the country’s largest commercial bank, KCB Bank Kenya Limited, a subsidiary of KCB Group Plc, has partnered with BasiGo to finance electric buses for public transport operators.

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UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

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With factors such as the Russian-Ukraine war, increases in energy demand and global energy transition-related policies fueling the energy crisis at global scale, the AEC strongly believes African gas has a huge role to play in liberating global economies and the global energy market.

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