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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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This figure includes investment in projects—such as renewables, storage, charging infrastructure, hydrogen production, nuclear, recycling and CCS—as well as end-user purchases of low-carbon energy devices, such as small-scale solar systems, heat pumps and zero-emission vehicles. from the year prior.

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

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On the other hand, venture finance deal values also grew from $595.23 Companies such as GHI, Suez Canal Economic Zone, New and Renewable Energy Authority, Sovereign Fund of Egypt, and Egyptian Electricity Transmission Co are the global leaders in low-carbon hydrogen, with 56.3 million to over $3,001.1 In 2022, more than 111.9

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CelluFuel raises $5M to begin demo plant for renewable diesel from biomass

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has completed a $5-million capital raise to begin construction of its demonstration-scale plant for the production of synthetic, renewable diesel fuel from woody biomass using licensed technology. It produces a renewable diesel that has the potential to meet ASTM standards (ASTM D975 & D396). PwC Corporate Finance Inc.

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Addax Bioenergy signs loan agreement for €258M renewable energy project in Sierra Leone; sugarcane ethanol and biomass power

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a subsidiary of the Swiss-based energy group, The Addax and Oryx Group Limited (AOG), recently signed a loan agreement with seven European and African development institutions for an integrated renewable energy and agriculture project near Makeni, in Sierra Leone. Addax Bioenergy S.A. ,

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Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

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These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. West-Central Coastal Province, West Africa.

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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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Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. 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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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In the report, Deloitte uses clean hydrogen to encompass both green hydrogen— produced from renewable electricity via electrolysis—and blue hydrogen—produced via natural gas coupled with carbon capture and storage. trillion per year by 2050.

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