article thumbnail

T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

Green Car Congress

Denmark leads the way when it comes to putting zero-emission urban buses on the streets in Europe, with 78% of new vehicles being electric, according to the latest data from green NGO Transport & Environment. However, Germany is now financing 80% of the higher purchase cost of e-buses.

article thumbnail

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). 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
article thumbnail

Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

Green Car Congress

Virescent Ventures led the funding round on behalf of the Clean Energy Finance Corporation (CEFC) (Aus), with participation from Kiko Ventures (UK), IP Group Australia, Vestas Ventures (Denmark), Hostplus (Aus) and BlueScope (via its ventures arm BlueScopeX TM) (Aus). million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

article thumbnail

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

Green Car Congress

On the other hand, venture finance deal values also grew from $595.23 mtpa low-carbon hydrogen capacity was announced in the US, Denmark, Egypt, Canada, Portugal, and other countries. Last year, mergers and acquisitions (M&A) deals reached $24.4 billion in monetary value, representing a 288% increase compared to 2021 levels.

Hydrogen 473
article thumbnail

Anaergia to supply CO2 to European Energy A/S for green e-methanol production as fuel for container ships

Green Car Congress

Anaergia will provide the liquified CO 2 from the anaerobic digesters that will operate at its plant being built in Tønder, Denmark. European Energy develops, finances, constructs and operates wind and solar farms as well as large-scale hydrogen and e-methanol plants. —Andrew Benedek, Chairman and CEO of Anaergia.

Green 186
article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

However, the financial cost of the shift is causing concern. At the recent Siemens Energiewende-Dialog (Energy Transition Dialogue) in Berlin, the company presented a three-point plan with specific proposals for the cost-efficient implementation of the Energiewende in Germany. These costs are primarily borne by consumers.

Germany 239
article thumbnail

Novozymes and Shengquan finalize cellulosic ethanol enzyme supply deal; Shenquan production begins next month

Green Car Congress

Shengquan starts production of cellulosic ethanol from its commercial-scale facility month; the production will be cost-competitive with conventional ethanol, as the cellulosic ethanol feedstock is a waste product from Shengquan’s current production, the companies said. Shengquan has invested $100 million in the facility.

Supplies 281