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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries.

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bp to explore potential for green hydrogen production in Egypt

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bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. It is intended that high-potential locations across Egypt will be considered as part of the feasibility study, targeting best-in-class resources.

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India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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SCZONE has signed 8 MOUs so far in the field of localizing and manufacturing green fuels with several global key players and consortiums such as Maersk, Scatec, EDF Renewables, H2, and others. million tons of green ammonia, said Zaki.

Egypt 259
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Zero-Emission Vehicle Adoption Is Accelerating, But Stronger Push Is Needed

CleanTechnica EVs

At this year’s COP27 held in Egypt, the BloombergNEF (BNEF) research company released its study for the 2022 Zero-Emission Vehicles Factbook. The ZEV Factbook shows that the adoption of zero-emission vehicles has accelerated over the past year across almost all markets and vehicle segments.

Egypt 143
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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

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The total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. The open-access study is published in Frontiers in Forests and Global Change. 2021) “The Emerging Threat of Extractives Sector to Intact Forest Landscapes” Frontiers in Forests and Global Change doi: 10.3389/ffgc.2021.692338.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. The latter cost at $74 and $81 per MWh, respectively.

Cost Of 210
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. We are delighted to be partnering with the CCC to open this new market. Many more will follow.

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