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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). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

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CoBank report finds that troubled US grid may need to use EVs for grid balancing

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Since its inception, the US electric grid has mostly operated smoothly as one synchronous machine with a one-directional flow of electricity to meet the nation’s predictable power needs. The US electric grid is experiencing something of a mid-life crisis. CoBank is a cooperative bank serving vital industries across rural America.

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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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Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. billion or 18% came from sources outside those countries.

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STEAG and thyssenkrupp planning joint green hydrogen project

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The hydrogen strategies recently adopted by the state of North Rhine-Westphalia as well as those of the German Federal Government and the European Union underline the importance of hydrogen for a climate-neutral society. At its core, our climate transformation is based on the use of hydrogen. It is important to plan ahead.

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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

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TAE says that its non-radioactive approach represents the fastest, most practical, and economically competitive solution to bring abundant carbon-free energy to the grid. TAE’s safe, non-radioactive approach avoids carbon and particulate emissions, mitigating any impact on the environment or climate change.

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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. The fuel cells will also produce a net 2.3

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AlphaStruxure and Montgomery County, Maryland, announce integrated microgrid and electric bus charging infrastructure project; EaaS

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The project will enable at least 44 buses in Ride On Montgomery County’s transit fleet to transition from diesel to electric, advancing the County’s goal to reach net zero carbon emissions by 2035, reducing lifetime emissions by more than 155,000 tons, while delivering resilience to climate events and power outages.

Maryland 381