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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

Green Car Congress

Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.

Norway 468
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4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

Green Car Congress

Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million megawatt-hours per year vs. 3.9 million LA-area homes.

Utah 261
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. After a very strong first half in 2021, public market issuances for renewable energy companies dropped 65% in 1H 2022, totaling $10.5 China posted remarkable investment growth in both wind and solar project finance, according to the report. The 2Q figure, at $3.9

Financing 243
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 88
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Tesla Energy takes a stand against coal and gas generators in Australia

Teslarati

Tesla Energy firmly argued against using coal and gas generators to support a proposed low-cost, reliable, secure, and zero-emissions grid in Australia. . In April 2021, the ESB released an options paper and invited companies and innovators to comment on their detailed design thus far. Tesla answered the Board’s invitation. .

Coal 144
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. SGH2 will provide a complete performance guarantee of the Lancaster plant by issuing a total output guarantee of hydrogen production per year, underwritten by the largest reinsurance company in the world.

Waste 448