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

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Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. These cost hikes mark a rough patch for renewables, but not an inflection point. The latter cost at $74 and $81 per MWh, respectively.

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

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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.

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Vulcan Energy and Nobian to form JV for Central Lithium Plant

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Vulcan Energy Resources signed a Term Sheet agreement with Nobian GmbH (Nobian) for the formation of a 50/50 joint venture over, and equity financing of, Vulcan’s Central Lithium Plant (CLP), which forms part of Vulcan’s Zero Carbon Lithium Project ( earlier post ).

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

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Once this gas is processed, Anaergia produces pipeline quality renewable natural gas (RNG) and a clean stream of carbon dioxide that normally gets released to the atmosphere. European Energy, a major multinational renewable wind and solar energy producer, will produce green e-methanol from this biogenic CO 2.

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

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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.

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Maersk parterning with 6 companies to source at least 730,000 tpy of green methanol by end of 2025

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European Energy (Denmark). European Energy is a global renewable energy company and project developer (wind, solar and Power to X). It develops, builds, and operates renewable electricity projects globally with a pipeline consisting of 20 GW renewable energy capacity. Orsted (Denmark).

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Vattenfall may provide hydrogen for Preem large-scale biofuel project

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Preem’s objective is to produce three million cubic meters (793 million gallons US) of renewable fuel yearly by 2030, which would account for the bulk of the reduction in carbon dioxide emissions in the Swedish transport sector. Preem and Vattenfall will set up a work group and pilot study which are financed by both parties.

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