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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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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243
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Wind-to-Hydrogen Tech Goes to Sea

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Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 90
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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

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Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Just 10 countries are on course to represent almost three quarters of the global market in gigawatt terms, according to BNEF’s forecast.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

Russia 458
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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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In 2019, EDF strengthened its commitment to the energy transition by creating Hynamics, a subsidiary aimed at making EDF a key player in the low-carbon and renewable hydrogen sector in France and internationally. We are ready to become one of the key players in the emerging global hydrogen production, transport and consumption market.

Russia 338
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Plug Power and Lhyfe partner to develop green hydrogen plants throughout Europe; 300MW by 2025

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In that project, Plug Power’s hydrogen electrolyzer technology will provide 1MW of capacity to the world’s first offshore hydrogen production facility, developed by Lhyfe and powered by electricity from a floating wind turbine off the coast of Le Croisic, at SEM-REV, Centrale Nantes’ offshore test site, which will be operational by 2022.

Hydrogen 199
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Study links PM2.5 pollution with millions of preterm births globally

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million preterm births globally—or 18% of all pre-term births—were associated with outdoor exposure to fine particulate matter (PM 2.5 ).The million global estimate, and China for about another 500,000. The open-access study is published in the journal. Environment International. In 2010, an estimated 14.9 2017.01.023.

Pollution 283