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Siemens Gamesa and Siemens Energy investing €120M over 5 years to develop fully integrated offshore wind-to-hydrogen system

Green Car Congress

Siemens Gamesa and Siemens Energy are joining forces to develop an innovative solution that fully integrates an electrolyzer into an offshore wind turbine as a single synchronized system to produce green hydrogen directly. —Christian Bruch, CEO of Siemens Energy.

Wind 417
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US Renewable energy sources surpass coal generation

Teslarati

Energy Information Administration (EIA) revealed that the United States generated more electricity from renewable energy sources than coal last year. The Inflation Reduction Act will significantly impact renewable energy sources within the United States since it provides incentives for wind and solar power generation.

Coal 127
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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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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

in 2019 based on preliminary energy and economic data. This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. Emissions from buildings, industry and other parts of the economy rose, though less than in 2018.

Coal 370
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EGEB: Ireland to build the Atlantic’s first floating offshore wind farm

Electrek

In today’s Electrek Green Energy Brief (EGEB): Ireland’s Moneypoint coal station will become a green energy hub that includes a floating offshore wind farm. more… The post EGEB: Ireland to build the Atlantic’s first floating offshore wind farm appeared first on Electrek.

Ireland 137
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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

Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243