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

Green Car Congress

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). Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster.

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Maersk, Egyptian authorities sign partnership agreement to explore large-scale green fuel production in Egypt

Green Car Congress

In the presence of the Egyptian Prime Minister, a Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. —Ayman Soliman, CEO of The Sovereign Fund of Egypt.

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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. CCC is a globally diversified company specializing in Engineering and Construction.

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Bajaj Chetak electrical scooter sees over four-fold gross sales enlargement in FY23

Baua Electric

“Thankfully, this terrible supply scarcity was over by the end of the first quarter of FY2023. according to cent of its internet gross sales in FY22, dropped each in quantity and in price phrases in FY23. Then again, the corporate’s exports, which accounted for 52.7

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COP27 Ends – How can Smart Energy Management for EV Charging Help?

Driivz

Held in Egypt from November 6 – 20, COP27 extended closing by more than a day to reach an agreement that developed nations will provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. First name * Last name * Company name * Corporate Email *. Contact us to learn more. appeared first on Driivz.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

As it announced during its investor conference earlier this week, Celanese Corporation, a global technology and specialty materials company, has increased its 2013 earnings growth objectives to adjusted earnings per share of at least $6.00, or operating EBITDA of at least $1.7 Earlier post.). Earlier post.). Source: Celanese.

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Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

Green Car Congress

Among the increasing challenges is that while the sourcing, processing, and delivery of clean water is becoming more energy-intensive, the extraction and refining of fossil fuels and their substitutes is trending towards increasing water requirements per unit of fuel produced as energy companies work with progressively lower grade resources.

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