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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349
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Rolls-Royce makes Duisburg container terminal climate-neutral with mtu hydrogen technology

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A microgrid based on renewable energies with hydrogen-powered fuel cells for emergency and peak power as well as hydrogen combustion engines can meet the special energy requirements of port facilities. It will not only set new standards in cargo handling, but also in climate-friendly energy supply.

Hydrogen 459
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GM to reach 100% renewable energy in US by 2025, 5 years ahead of schedule

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General Motors plans to source 100% renewable energy to power its US sites by 2025—five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. Sourcing renewable energy is a critical component of GM’s plans to decarbonize its portfolio.

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Anaergia to supply RNG to FuelCell Energy to create renewable hydrogen supporting Toyota’s port facility

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announced that its subsidiary SoCal Biomethane will supply renewable natural gas (RNG) as facilitated by renewable fuels marketer Anew Climate to FuelCell Energy’s Tri-gen system to produce carbon-negative hydrogen and electricity for Toyota Motor North America, Inc.’s Anaergia Inc.

Renewable 199
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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

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Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. The EPA provides further information on how renewable energy certificates are used to account for renewable electrcity generation and use. 2021 Audi e-tron.

Audi 397
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Virtual Peaker partners with Fermata Energy to bring V2G bi-directional vehicle charging technology to utilities

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Virtual Peaker and Fermata Energy are partnering to integrate Fermata Energy’s vehicle-to-grid (V2G) technology with Virtual Peaker’s cloud-based residential energy demand response platform used by utilities across the country. Fermata Energy V2X bi-directional charger.

Energy 459
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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 2 Total SA.

Oil 418