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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

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

Green Car Congress

Overall, this outlook shows clean hydrogen delivering crucial carbon emission reductions. Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.

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

CleanTechnica EVs

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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Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’

Electrek

more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek. more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek.

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

Green Car Congress

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

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Nigeria’s 650 kbpd Dangote Refinery being commissioned; largest single-train refinery in world

Green Car Congress

Low sulfur content reduces the emissions of sulfur dioxide (SO 2 ) during combustion, helping refineries comply with environmental regulations. The Nigerian government planned to construct smaller modular refineries, but the lack of financing caused delays and the current status of those refineries is unclear.

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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

Green Car Congress

Facilitating a Transition to Zero Emission Vehicles in the Global South ” examines the status of zero-emission vehicle (ZEV) uptake across the world and considers how to accelerate the transition. It also makes recommendations to enable some of these groupings to “leapfrog” to the best practice policies in support of EV uptake.

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