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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

Green Car Congress

Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

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Ørsted and partners secure funding for H2RES project; offshore wind power to produce renewable hydrogen for road transport

Green Car Congress

Ørsted (formerly DONG Energy), Everfuel Europe A/S, NEL Hydrogen A/S, GreenHydrogen AS, DSV Panalpina A/S, Hydrogen Denmark and Energinet Elsystemansvar A/S have been awarded funding of DKK 34.6 The plant will use electricity from offshore wind turbines to produce renewable hydrogen for buses, trucks and potentially taxis.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5

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This startup is about to install bladeless rooftop wind turbines on box buildings

Baua Electric

Aeromine Technologies just closed a $9 million funding round, and it’s ready to scale up production of its bladeless rooftop wind turbines. Aeromine, launched in 2022, makes compact 50 kW or larger “wind harvesting platforms” that it mounts on the edge of a building’s roof. Specs are here.)

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Ørsted assumes full ownership and takes final investment decision on FlagshipONE, largest green e-methanol project in Europe

Green Car Congress

Reinforcing the commitment to the FID, Ørsted has taken full ownership of FlagshipONE by acquiring the remaining 55% stake in the project from Liquid Wind AB, the original developer of the project.

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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 gigawatts (GW) of offshore wind last year, but the state just added 3.7 New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. GW of new projects to its pipeline.

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In a ‘monumental shift’, EU coal and gas collapse as wind and solar ascend

Baua Electric

Photo: Hornsea Project Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember. What’s more, for the first time, wind power, which grew by 18%, surpassed gas, which only accounted for 17% of Europe’s electricity. compared to 2022. Get started here. –ad*

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