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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

The composite blocks can be made from low-cost and locally sourced materials, including the excavated soil at the construction site, but can also utilize waste materials such as mine tailings, coal combustion residuals (coal ash), and fiberglass from decommissioned wind turbine blades.

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Transform Materials plasma process converts abundant natural gas into high-value hydrogen and acetylene

Green Car Congress

For example, Transform Materials can fully utilize coalbed methane from coal mining operators to produce green hydrogen to power heavy equipment and hauling trucks. For acetylene users, Transform Materials enables on-site production of this important precursor, guaranteeing surety of supply, conveniently and at low cost.

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ARPA-E awards $42M to 12 projects for advanced EV batteries; EVs4ALL program

Green Car Congress

The US Department of Energy (DOE) will award $42 million to 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles (EVs). By eliminating the use of cobalt and nickel in cathodes, the cathode cost will be reduced by 50%. Award amount: $3,152,000).

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Wood Mackenzie: China thermal coal demand to double to nearly 7btpa by 2030

Green Car Congress

In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.

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SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

Green Car Congress

SK E&S signed a memorandum of understanding (MOU) with SK Plug Hyverse and KOEN regarding cooperation for carbon neutrality and the production of green hydrogen and green ammonia which will be consumed for co-firing at KOEN’s natural gas and coal based thermal power plants, by using electrolyzers to be produced in Korea by SK Plug Hyverse.

Green 284
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Nikola and KeyState partner to create low-carbon hydrogen value chain in PA

Green Car Congress

The parties are working towards a definitive agreement to expand the hydrogen supply for Nikola’s zero-emissions heavy-duty fuel cell electric vehicles (FCEVs). KeyState has developed a replicable model for low carbon, low-cost hydrogen at large scale production.

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