Utility solar dethrones coal as the cheapest power source in Asia
Electrek
FEBRUARY 29, 2024
Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study.
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Green Car Congress
SEPTEMBER 22, 2022
Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.
Green Car Congress
APRIL 8, 2023
Bridgestone Americas has produced a run of demonstration tires made with 75% recycled and renewable materials (38% renewable, 37% recycled content), including synthetic rubber made with recycled plastics and natural rubber harvested from hevea and guayule grown domestically.
Green Car Congress
MARCH 13, 2020
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy.
Baua Electric
FEBRUARY 29, 2024
Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.
Green Car Congress
DECEMBER 5, 2022
To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. The ports of Algeciras and Huelva are two key locations on the export and maritime traffic routes both to northern Europe and to Asia and Africa.
Green Car Congress
SEPTEMBER 25, 2019
EIA projects most of this growth will come from regions where the consumption of energy is driven by strong economic growth, particularly in non-OECD Asia. Other significant findings of IEO2019 include: Manufacturing centers are shifting toward Africa and South Asia, especially India, resulting in energy consumption growth in those regions.
Green Car Congress
JULY 1, 2022
The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark. These cost hikes mark a rough patch for renewables, but not an inflection point.
Green Car Congress
MARCH 15, 2022
Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Raven SR’s technology is designed to produce more green hydrogen per ton of waste than competing processes.
Green Car Congress
MAY 12, 2023
For example, they enable the utilization of impure hydrogen, which can be generated onboard through the reforming of methanol, eMethanol, natural gas, and various other renewable eFuels. Advent’s MEAs are designed to operate at high temperatures ranging from 120 °C to 180 °C, and offer a significant advantage to alternative solutions.
Green Car Congress
JULY 15, 2021
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
Green Car Congress
JANUARY 19, 2022
The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.
Green Car Congress
JUNE 30, 2019
Bloom Energy, a developer of solid oxide fuel cell power generators, announced the ability of its Energy Servers to operate on renewable hydrogen. At peak times, some US states and countries already have more renewable power than their grids can handle.
Setec Powerr
NOVEMBER 30, 2022
Figures released by the ASEAN Automotive Federation (AAF) show that total vehicle sales in Southeast Asia will be about 2.79 Southeast Asia’s new energy vehicle market is expected to grow from about $500 million in 2021 to $2.67 The attractiveness of Southeast Asia to new energy vehicle companies is gradually strengthening.
Green Car Congress
JULY 13, 2019
Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.
Green Car Congress
JULY 14, 2021
The plant will increase production capacity of Topsoe’s TK catalyst family to meet increasing demand, both in traditional refining and for use with Topsoe’s HydroFlex technology for production of renewable diesel and jet fuel. The plant is expected to be fully operational in the first half of 2023.
Green Car Congress
OCTOBER 27, 2020
Neste MY Sustainable Aviation Fuel is made from sustainably sourced, renewable waste and residue raw materials. With the Singapore refinery expansion on the way, and with possible additional investment into the Rotterdam refinery, Neste will have the capacity to produce some 1.5 million tons of SAF annually by 2023.
Green Car Congress
MARCH 2, 2022
The joint venture will produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project). The project is expected to increase Neste’s renewable products capacity by slightly more than 1 million tons (365 million US gallons) per annum. billion (US$1.0
Green Car Congress
JULY 29, 2023
The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. DGF currently expects that FID on its proposed US$4.2-billion, billion, 180 million gallon per year SAF facility in Louisiana to occur in early 2024.
Green Car Congress
JUNE 5, 2023
EcoCeres , an Asia-based bio-refinery company, announced its first shipment of 100% agricultural waste-produced cellulosic ethanol to the European markets, a milestone the company achieved after commissioning another facility in China.
Teslarati
AUGUST 4, 2022
LG Energy Solution (LGES)—the company’s dedicated cell subsidiary—plans to use 100% renewable energy in all its battery manufacturing plants worldwide by 2025. The initiative is called RE100 or “Renewable Electricity 100%”. LGES has set ambitious goals to reach 100% renewable energy.
Green Car Congress
OCTOBER 7, 2021
In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.
Green Car Congress
SEPTEMBER 7, 2018
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) awarded A$22.1 million (US$16 million) in funding to 16 research projects to propel innovation in exporting renewable hydrogen. Monash ammonia production from renewables at ambient temperature and pressure.
Green Car Congress
SEPTEMBER 5, 2023
—Bir Darbar Mehta, Senior Vice President of Petrochemicals Asia Pacific at BASF Besides the above-mentioned raw materials, the syngas plant can utilize further feedstocks, ensuring more reliable production. Electricity will be supplied by the site-wide grid which is expected to be powered with 100 % renewable energy by 2025.
Green Car Congress
NOVEMBER 13, 2022
Both scenarios expect that growth in electricity demand can primarily be met by deployment of renewables such as solar, due to their falling costs. By then, the combined share of renewables in electricity supply reaches 74%. —Caroline Chua, BNEF’s Southeast Asia clean power lead analyst. trillion under the NZS.
Green Car Congress
JANUARY 6, 2022
However, mounting concerns about climate change and reducing emissions are consistently among the top two motivators for electric vehicle adoption among global consumers in the US, Germany, Japan, the Republic of Korea, India and Southeast Asia. Demand for public charging is highest in the Republic of Korea (38%) and Southeast Asia (29%).
Green Car Congress
DECEMBER 20, 2016
Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world’s largest succinic acid market.
Baua Electric
MAY 20, 2023
As with Shell’s renewable race gas, Bridgestone and Firestone chemists and tire engineers labored to create the guayule tires alike from habitual Firehawk race tires. “The Hevea tree grown on farms in Southeast Asia is where most of the natural latex rubber comes from, so that takes a lot of water,” she mentioned.
Green Car Congress
MAY 15, 2012
Neste Oil has again expanded the range of renewable raw materials it uses by beginning to produce NExBTL renewable diesel from waste fat sourced from the fish processing industry at its Singapore refinery. Waste fish fat is also accepted as a raw material for renewable fuel in the US.
Green Car Congress
JULY 17, 2022
HIF Asia Pacific, a wholly owned subsidiary of HIF Global, filed a Notice of Intent (NoI) with the Tasmanian Environment Protection Authority (EPA) seeking approval for the facility, which will be located in north-west Tasmania. —HIF Asia Pacific CEO Ignacio Hernandez. Earlier post.).
Green Car Congress
MARCH 19, 2023
Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North Africa and part of Amarenco Group. Amarenco is a renewable energy producer with its global headquarters in Cork, Ireland. Hynfra P.S.A.
Green Car Congress
SEPTEMBER 3, 2014
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). Canada-based start-up CelluFuel Inc.
Green Car Congress
AUGUST 16, 2021
The scope of the study includes transport from the onshore hydrogen gas production facility to an offshore ship loading buoy and then on to nominated Asia-Pacific markets utilizing GEV’s compressed hydrogen shipping solution. Earlier post.). The HyEnergy Project is completing a scoping study aimed for completion in 2021.
Green Car Congress
FEBRUARY 16, 2023
The first sale is a batch of Rio Tinto’s RenewAl high purity aluminum ( earlier post ), from the renewably powered New Zealand aluminum Smelters (NZAS), to a major Japanese motorcycle manufacturer committed to reducing carbon emissions throughout its supply chains and manufacturing process.
Green Car Congress
JULY 24, 2022
The location, in the center of Canada’s automotive eco-system, offers critical advantages such as access to a highly skilled workforce, key infrastructure and renewable energy, which the new plant will be running on 100% from start of production. In Asia, Umicore serves its customers from its plants in Jiangmen, China, and Cheonan, Korea.
Green Car Congress
APRIL 18, 2021
Origin is collaborating with Japan’s Kawasaki Heavy Industries Ltd (KHI) on a 300MW early export project that would produce 36,500 tonnes per year of green liquid hydrogen using renewable energy and sustainable water.
Green Car Congress
DECEMBER 4, 2014
Boeing has completed the world’s first flight using “green diesel,” a renewable, drop-in hydrocarbon biofuel that is widely available and used in ground transportation. The company powered its ecoDemonstrator 787 flight test airplane with a blend of 15% NExBTL renewable diesel from Neste Oil and 85% petroleum jet fuel in the left engine.
Green Car Congress
OCTOBER 5, 2022
Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2
Green Car Congress
AUGUST 16, 2021
Mitsui OSK Lines has signed a memorandum of understanding (MoU) for a joint study to build a supply chain of renewable energy-derived ammonia (green ammonia) with Australian energy company Origin Energy. The MOL Group aims at net zero greenhouse gas (GHG) emissions by 2050 in the “MOL Group Environmental Vision 2.1”.
Green Car Congress
OCTOBER 4, 2022
The funding partnership commits an initial $500 million to be invested by Brookfield Renewable in constructing and operating new CCT projects that have achieved certain pre-agreed milestones. Brookfield Renewable operates one of the world’s largest publicly traded, pure-play renewable power platforms.
Green Car Congress
NOVEMBER 11, 2011
Boeing announced a collaborative agreement to work with Hawai’i BioEnergy on renewable energy sources for creating aviation fuel. Being an island state with a strong U.S.
Green Car Congress
FEBRUARY 17, 2022
Neste, ITOCHU and All Nippon Airways started cooperating in 2020, establishing a SAF supply chain in Japan enabling Neste’s first SAF delivery into Asia to take place in Japan. We are ready to support the Japanese and broader Asia-Pacific aviation markets in driving emission reductions.
Green Car Congress
MAY 20, 2021
The consortium has been collaborating on the project for more than three years, which will consist of 25 gigawatts (GW) of renewable solar and wind energy at full capacity to produce millions of tons of zero-carbon green hydrogen per annum.
Green Car Congress
JANUARY 29, 2022
million) grant from Enova (announced in December 2021), will demonstrate that ammonia produced using renewable energy can reduce the impact of carbon dioxide in fertilizer production. The company’s products are delivered all over the world, the biggest market being Asia, which buys more than 25% of NPK (complex fertilizer) capacity each year.
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