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Rio Tinto plans to invest $600M more in renewable energy in the Pilbara

Green Car Congress

Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonize its Western Australian iron ore operations. The investment will fund the construction of two 100MW solar power facilities as well as 200 MWh of on-grid battery storage in the Pilbara by 2026.

Renewable 218
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Electrify America reaches 30MW in installed battery energy storage at 140 DC-fast charging stations across the US; behind-the-meter grid services

Green Car Congress

Electrify America has installed onsite, behind-the-meter battery energy storage systems (BESS) at more than 140 ultra-fast DC charging stations around the country, including more than 90 installations in California.

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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. 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.

Cost Of 210
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Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

Green Car Congress

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

Renewable 186
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF sees $1.3

Wind 220
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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

Hydrogen Economy Outlook , a new and independent global study from research firm BloombergNEF (BNEF), finds that clean hydrogen could be deployed in the decades to come to cut up to 34% of global greenhouse gas emissions from fossil fuels and industry at a manageable cost. kg in most parts of the world before 2050. MMBtu) in 2050.

Hydrogen 221
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Renewables now make up 30% of US power capacity – FERC

Baua Electric

Photo: Openverse Renewables – solar, wind, biomass, geothermal, hydropower – are now 30% of total US electrical generating capacity, according to analysis of FERC’s mid-year data. That puts solar on track to become the US’s second-largest source of capacity – behind only natural gas – within three years. of capacity added.