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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa. It finds that to achieve the IEA’s Net Zero Emissions by 2050 scenario, the world would need an 18-fold increase in existing renewable production capacity. London, UK. Vancouver, Canada.

Renewable 210
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Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. But even as the glossy rectangles become increasingly cheaper and ubiquitous, solar PV alone can't solve the nagging question: What to do when the sun isn't shining?

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Thermal Solar Goes Where PVs Can’t

Cars That Think

Global solar energy supplies are growing rapidly, with nearly 10 times as much solar capacity installed today as there was a decade ago. But even as the glossy rectangles become increasingly cheaper and ubiquitous, solar PV alone can't solve the nagging question: What to do when the sun isn't shining?

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

Green Car Congress

World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include. degrees Celsius.

Green 321
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Enel enters public transit electrification market in US; partners with MassCEC for electric bus fleet

Green Car Congress

Enel X continues to be a leader in the electrification of transportation in the US, supporting utilities, businesses and consumers on their path towards zero emissions driving through our unmatched combination of industry expertise, software, and hardware. —Surya Panditi, Head of Enel X North America.

Fleet 321
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. billion and $2.7

Coal 243
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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

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. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.

2020 259