Remove Conference Remove Industry Remove Solar Remove Wind
article thumbnail

Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

A new study , commissioned by the International Chamber of Shipping and prepared by Professor Dr. Stefan Ulreich from Germany’s University of Applied Sciences, finds that the global shipping industry will require the equivalent of the world’s entire current renewable energy demand in order to replace fossil fuel use. MWh to €156.40/MWh

Renewable 210
article thumbnail

Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Global solar PV prices declined by nearly 50 percent year over year in 2023, and the IEA expects cost reductions and accelerated deployment to continue.

Coal 137
article thumbnail

Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. Wang Wentao is traveling through Europe for discussions about the European Commission’s investigation into whether China’s electric vehicle industry has benefited from unfair subsidies.

Chinese 52
article thumbnail

Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030. 2024 will be the year renewables change from a nuisance for the fossil fuel industry to an existential threat.

article thumbnail

Daimler partnering to transfer its latest generation of automotive fuel cell technology to stationary applications

Green Car Congress

Convinced of the potential of fuel cell technology and hydrogen as an energy storage medium in the context of the overall energy system, the company is extending its development activities into non-transportation industries. The idea is to have the basic power supply of the data center covered by solar power stations and wind turbines.

Fuel 150
article thumbnail

Role of Batteries in Clean Energy Transitions – ET Auto

Baua Electric

This project, unveiled by Prime Minister Narendra Modi during a video conference on February 24, 2024, marks a pivotal moment in India’s commitment to renewable energy adoption. The Challenge of Intermittency and the Role of Batteries The transition to renewable energy sources such as solar and wind power is gaining momentum globally.

Clean 52
article thumbnail

Mercedes-Benz Cars aims to cut vehicle CO2 emissions by 50% over lifecycle by end of this decade

Green Car Congress

At its first digital ESG (Environment, Social and Governance) Conference for investors and analysts, Mercedes-Benz announced aims to at least halve CO 2 emissions per passenger car over the lifecycle by the end of this decade compared to 2020 levels. Additional CO2 savings are expected to be achieved through further measures—i.e.,

Mercedes 186