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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. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

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HyperSolar working with Suzhou GH New Energy to accelerate manufacturing of renewable solar hydrogen panels

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the developer of a technology to produce renewable hydrogen using sunlight and water ( earlier post ), is working with Suzhou GH New Energy Co. a division of GCL Poly, in China to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels to be used in demonstration pilot plants.

Solar 379
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bp and Oman form strategic partnership to progress significant renewable energy and hydrogen development

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bp and the Ministry of Energy and Minerals in Oman signed a Strategic Framework Agreement (SFA) and a Renewables Data Collection Agreement which will support the potential development of a multiple gigawatt, world-class renewable energy and green hydrogen development in Oman by 2030.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

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Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,

Hyundai 321
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Heliogen and Bloom Energy demonstrate production of low-cost green hydrogen; concentrated solar and high-temp electrolysis

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Heliogen and Bloom Energy have successfully demonstrated the production of green hydrogen by integrating the companies’ technologies: Heliogen’s concentrated solar energy system and the Bloom Electrolyzer. Bloom Energy officially introduced the Bloom Electrolyzer in July 2021. Source: Heliogen.

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Rio Tinto plans to invest $600M more in renewable energy in the Pilbara

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Rio Tinto is planning to invest a further $600 million in renewable energy assets in the Pilbara as part of the company’s efforts to decarbonize its Western Australian iron ore operations. The investment will fund the construction of two 100MW solar power facilities as well as 200 MWh of on-grid battery storage in the Pilbara by 2026.

Renewable 218
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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.