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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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It will be the first commercial plant to produce CO 2 -free green ammonia from renewable resources in the UAE. The Helios facility located in KIZAD will be powered by a dedicated 800-megawatt solar power plant within KIZAD. The plant will use solar power to electrolyze water. Saiyed, Managing Director of Helios.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Biomass and solar are shown as primary energy due to their multiple uses. As a comparison, 314 Exajoules is more than three times the annual energy supply in the United States in 2005, which is also a similar level of supply on the Continent of Europe according to various government and independent sources. Source: SRREN.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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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. Commercial EV investment declined from $12 billion in 2016 to $4 billion in 2020. Overall, solar capacity investment was up 12% at $148.6 billion, down 12%.

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