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JFE Steel, Emirates Steel and Itochu to study building supply chain for low-carbon ironmaking

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JFE Steel Corporation, Itochu Corporation and Emirates Steel Arkan, the largest steel company in the United Arab Emirates (UAE), will conduct joint detailed feasibility studies on the establishment of a supply chain of ferrous raw material for green ironmaking with low-carbon emission at the project site in Abu Dhabi.

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BMW Group sourcing aluminum produced using solar energy from EGA

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The BMW Group will begin sourcing aluminum produced using solar electricity with immediate effect. This marks an important milestone on the road to the company’s goal of lowering CO 2 emissions in its supplier network by 20% by 2030. million tonnes of CO 2 emissions over the next ten years.

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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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This project is another important milestone for in the UAE’s shift to a lower carbon renewable energy future. It can also be used as emission-free transport fuel and in the fertilizer and chemical industries. The Helios facility located in KIZAD will be powered by a dedicated 800-megawatt solar power plant within KIZAD.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Biomass and solar are shown as primary energy due to their multiple uses. The upper end of the scenarios assessed, representing a cut of around a third in greenhouse gas emissions from business-as-usual projections, could assist in keeping concentrations of greenhouse gases at 450 parts per million, the report said. Source: SRREN.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion, level with 2019 despite falling unit prices. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5

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