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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). billion raised—up 63% on the previous year.

Financing 243
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Groupe Renault launching project to build biggest energy stationary storage system from EV batteries in Europe

Green Car Congress

Groupe Renault is launching its “Advanced Battery Storage” program, which aims to build the biggest energy stationary storage system using EV batteries yet designed in Europe by 2020 (power: 70 MW / energy: 60MWh). It will have a storage capacity of at least 60 MWh, making it the biggest system of its kind ever built in Europe.

Europe 300
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. That’s why our partnership with SGH2 is so important.

Waste 448
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Calor introduces Neste BioLPG to the UK market; targeting fully renewable by 2040

Green Car Congress

Propane-rich off-gas is produced during Neste’s NExBTL renewable diesel process; the gas is usually recovered during the Stabilization and Recycle stages of the process. BioLPG is Calor’s first renewable product offering that sees the company commit to reducing its carbon footprint and to become fully renewable by 2040.

Renewable 170
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ArcelorMittal Europe to produce “green steel” starting in 2020

Green Car Congress

Ultimately to reach zero, this hydrogen will need to be green (produced via electrolysis which is powered by renewable electricity). The project will reduce the volumes of coal needed in the iron ore reduction process, thereby cutting CO2 emissions. Hydrogen and the blast furnace. Smart Carbon with hydrogen.

Europe 382
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Australia Goes All-in on Green Hydrogen

Cars That Think

They’ve been studying up on renewable energy, hydrogen power, and electric vehicles, preparing for the big day in April when their remote-controlled vehicles will rumble for 4 hours in Gladstone, a port city in Queensland. And while coal plants still supplied over half of Australia’s power in 2021, change is afoot.

Australia 145
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Energy Solutions.

Power 52