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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include. degrees Celsius.

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

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CCC is a globally diversified company specializing in Engineering and Construction. Commenting on the news, Richard Thompson, Editorial Director at MEED, part of GlobalData, said: For nearly a century, the Gulf’s abundant supplies of accessible hydrocarbons has put it at the center of a gas-guzzling global economy.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Global clean energy investment was $67.8 Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6

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Enel acquires eMotorWerks to provide grid balancing solutions and tap into US e-mobility market

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—Francesco Venturini, Head of Enel’s Global e-Solutions division. Enel is planning to use JuiceNet platform’s functions in all of its EV charging stations globally. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina.

Grid 170
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Volkswagen Group presents technology roadmap for batteries and charging

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The goal of the roadmap is to reduce the complexity and cost of the battery significantly in order to make the electric car attractive and viable for as many people as possible. Volkswagen is also vigorously pursuing expansion of the public fast-charging network globally. New unified cell will deliver cost savings from 2023.

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Cyclone Power delivers plans for solar thermal Rankine cycle engine to Renovalia Energy

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The delivery satisfies Cyclone’s license agreement with the global renewable power company, based in Madrid, Spain. When put into commercial usage, Cyclone expects that the engine can help reduce the costs of installation and operation of solar power plants due to its compact size, low weight and high efficiencies.

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