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Air France KLM signs 210M gallon SAF offtake agreement with DG Fuels

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DG Fuels (DGF), a provider of cellulosic drop-in sustainable aviation fuel (SAF), signed a multi-year SAF offtake agreement with Air France KLM for up to 60,408 metric tons (21 million gallons) per year from DGF’s initial plant to be located in Louisiana. DGF’s cellulosic feedstock does not impair food supply and is essentially water neutral.

France 426
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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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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
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Bloom Energy announces hydrogen-powered energy servers to make always-on renewable electricity a reality

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Bloom Energy, a developer of solid oxide fuel cell power generators, announced the ability of its Energy Servers to operate on renewable hydrogen. At peak times, some US states and countries already have more renewable power than their grids can handle.

Renewable 305
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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 91
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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. residue streams, renewable hydrogen and biogas to methanol.

Clean 334
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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. The Group is involved in supplying energy and services to approximately 37.9 million of which are in France.

Russia 338