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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

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Norwegian state-owned energy company Equinor and Germany-based energy company RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The cooperation has these main building blocks: Construction of new gas power plants (CCGTs), contributing to Germany’s phase-out roadmap for coal.

Norway 468
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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

Wind 195
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Northvolt to build third gigafactory in Germany

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Northvolt intends to establish a battery gigafactory in Heide, Schleswig-Holstein, northern Germany. With an annual potential production capacity of 60 GWh, Northvolt Drei will deliver a supply of sustainably produced lithium-ion batteries to the European market, sufficient for some one million electric vehicles.

Germany 250
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Mercedes-Benz Cars plants in Germany to be supplied with CO2-neutral energy from 2022

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In Germany, all Mercedes-Benz plants will be supplied with CO 2 -neutral energy. From 2022, the production of our Mercedes-Benz plants in Germany will operate CO 2 -neutral. Thereby, we completely forego coal-based electricity and obtain our electrical energy from only renewable sources.

Germany 170
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. It also invested $58 billion in new wind projects, up 107% year-on-year.

Financing 243
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 93
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Wind Turbine Blades Destined for the Afterlife

Cars That Think

This group of wind-turbine fan blades, fresh from Siemens Gamesa’s new RecycleBlade manufacturing process at England’s largest such factory, await shipment to the various points around the globe where they will serve 20- to 30-year stints generating electricity at wind farms before they’re recalled and reincarnated. What’s Next?

Wind 101