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Germany and Australia to establish alliance on green hydrogen supply chain

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German Federal Minister of Economics Peter Altmaier and Federal Minister of Research Anja Karliczek, together with their Australian counterpart, Energy Minister Angus Taylor, have signed a letter of intent to establish a “Germany Australia Hydrogen Accord” to facilitate a green hydrogen supply chain between the countries.

Australia 334
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. The 2Q figure, at $3.9 billion raised, is the lowest quarterly total since 2Q 2020.

Financing 243
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T&E: Denmark, Luxembourg, Netherlands lead deployments of zero-emission buses in Europe

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Italy, Poland, Germany, the UK, Spain and France, which buy 70% of the urban buses sold in Europe, lag behind. However, Germany is now financing 80% of the higher purchase cost of e-buses. T&E said the EU’s €750-billion COVID recovery fund is a clear way to finance e-bus deployment.

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T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

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Tesla in Berlin, Northvolt in northern Germany and Italvolt near Turin are among the projects that stand to lose the greatest volumes of their slated capacity as the companies weigh up investing in the US instead. EU battery manufacturing is caught in the crossfire between America and China. Europe must act or risk losing it all.

Companies 430
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VanadiumCorp beginning work on next-generation vanadium redox flow batteries for ships

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Phase I work is part of multi-phase development schedule that forms the basis of definitive agreements required in a trilateral partnership with Conoship International Projects BV from the Netherlands and Vega Reederei and Partners GmbH (VEGA) from Germany targeting zero-emission shipping markets with next generation redox flow batteries.

Mariner 428
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European Fast-E project launches; 278 fast-charging points in Germany and Belgium

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The Fast-E project, co-financed by the European Union and nine companies, has officially launched , with the objective of installing 241 fast-charging charging stations in Germany and 37 in Belgium. A sister project between the Czech Republic and Slovakia will add another 30 charging stations.

Belgium 199
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Volkswagen launches online sales for ID.4 and ID.5 in Germany

Teslarati

Volkswagen Germany launched online sales for its all-electric ID.4 5 online in Germany. Online sales will start in Germany and later roll out to other European countries. It aims to include cash purchases and financing options online eventually. 5 in Germany appeared first on TESLARATI. Online sales for the ID.3

Germany 84