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HIF Global, Porsche and Volkswagen Group unveil new direct air capture unit to be installed at eFuels plant in Chile in 2024

Green Car Congress

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) This is then made into synthetic fuel.

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EC JRC finds delivery of large amounts of green hydrogen over long distances could be cost-effective

Green Car Congress

The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. This finding is important because access to sufficient amounts of renewable hydrogen at low cost is essential for achieving a climate neutral Europe by 2050.

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Chile, US navies to carry on working on drop-in alternative fuels

Green Car Congress

Chile’s energy agenda, which calls for 45% of newly-installed capacity for 2014-2025 to come from non-conventional, renewable energy sources, is consistent with the United States Department of the Navy’s expressed goal of obtaining 50-percent of total organizational consumption through alternative energy sources by 2020.

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Market Integration and Renewable Energy

Energy Institute at HAAS

New research explores the economic benefits of recent transmission investments in Chile. Total installed solar capacity in Chile now exceeds a whopping 4.4 That’s 20% of all the installed … Continue Reading Market Integration and Renewable Energy.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 This marked the first annual increase in dollar commitments to renewables—excluding large hydro—for three years, and brought the total up to just 3% below the all-time record of $278.8 billion set in 2011.

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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The US has been the largest market for Battery Energy Storage System (BESS) both in terms of cumulative installed capacity and by market value for projects installed up to 2018 and is likely to continue to lead the market at the country level.

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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. Domestic installation of energy-efficient heat pumps came to $50.8 Renewable energy investment. Global investment in renewable energy capacity moved up 2% to $303.5

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