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Germany and Namibia form partnership for green hydrogen

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The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. Namibia has enormous potential for scaling up a green hydrogen industry. High wind speeds in Namibia mean that the generation of wind power is particularly profitable.

Namibia 337
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The overarching objective of the study is to analyze the scale and scope of investments in low-carbon technologies in power generation, transport, buildings and industry (including heating and cooling) that are needed to facilitate such a transition in a cost-effective manner, while also working towards other policy goals.

Renewable 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Annual investment in the global renewables industry had grown from $16.5

Financing 150
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PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

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Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. Global automotive industry regional highlights include: North America. Capacity in the region is forecasted to grow from 15.4

2013 220
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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Key applications for long-duration energy storage include counterbalancing the intermittency of renewable energy sources such as wind and solar power; leveling the loads and time-shifting periods of peak demand on the grid; and avoiding or delaying the construction of costly transmission and distribution (T&D) assets, among others.

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Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

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While the transportation sector saw a reduction in emissions from 2017 to 2018 (-0.9%), emissions rose in all other economic sectors in 2018: Agriculture & Forestry (+0.8%), Commercial (+2.1%), Electricity Power (+1.5%), Industrial (+0.7%), and Residential (+0.3%). Private sector investment can also drive green stimulus. lower and 8.3%

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Smart Meters and Electric Cars

Revenge of the Electric Car

Eric Tom, Correspondent) The picture of our carbon-free energy future is often depicted by a sea of solar panels shimmering in the sun, or orderly lines of giant white wind mills covering a hillside: large structures that capture nature’s gifts. But an increasingly important energy resource is little more than a digital electric meter.