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Statoil to build the world’s first floating wind farm: Hywind Scotland

Green Car Congress

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The wind farm will power around 20,000 households. Statoil is proud to develop the world’s first floating wind farm. Production start is expected in late 2017.

Wind 191
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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” This program falls under NERC’s sustainable use of natural resources (SUNR) strategic theme.

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bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

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As part of the agreement, bp will capture and evaluate solar and wind data from 8,000 km 2 of land—an area more than five times the size of Greater London. The renewable energy resources could also supply renewable power for the development of green hydrogen, targeting both domestic and global export markets.

Oman 321
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Ørsted takes final investment decision on green hydrogen project H2RES

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Ørsted has taken final investment decision on the Danish demonstration project H2RES, which will use offshore wind energy to produce renewable hydrogen. The practically unlimited global offshore wind resources are suited to power renewable hydrogen electrolysis. MW offshore wind turbines at Avedøre Holme.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet technology. Tesla and will address higher torque density applications and high operating temperatures including electric vehicle drivetrains and wind turbines. 2019.165962.

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S&P Global: looming shortfalls in copper supply will short-circuit net-zero goals absent significant new supply

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The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243
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MP Materials and Sumitomo to strengthen rare earth supply in Japan

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Rare earth magnets are key inputs to electrification and advanced technologies including electric vehicles, wind turbines, and various electronic devices. The effort to electrify and decarbonize the global economy is causing demand for rare earths to grow rapidly, outpacing new supply. China is the world’s leading producer.

Japan 225