Remove Cost Of Remove Financing Remove International Remove Supplies
article thumbnail

Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

Africa 481
article thumbnail

Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus. In September 2019, Hyundai and Cummins Inc.

Hyundai 377
article thumbnail

ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

Green Car Congress

The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 Uzbekistan started forming a banking consortium to finance the plant construction in September 2013.

article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

to finance the development and production of low-carbon fuels and energy transition metals. Our extensive experience in building, developing and financing natural resource assets and companies allows us to consider trade-offs of resource projects thoughtfully. NORI and Low Carbon Royalties are a great fit.

Carbon 352
article thumbnail

Researchers find capillary-fed electrolysis cell can deliver hydrogen at 98% cell energy efficiency

Green Car Congress

With this level of cell energy efficiency—well above International Renewable Energy Agency’s (IRENA) 2050 target and significantly better than existing electrolyzer technologies—hydrogen production cost could be well below US$1.50/kg. kWh/kg in commercial electrolysis cells). Hodges et al.

Hydrogen 396
article thumbnail

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.

article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.