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

Green Car Congress

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

Green Car Congress

Investment in new large- and small-scale solar projects rose to a record-breaking $120 billion, up 33% from the first half of 2021. Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report.

Financing 243
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

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

Green Car Congress

Despite those periods of excess wind and solar power, because the ability to store electricity for more than a few hours is lacking, dispatchable power from the combustion of fossil fuels continues to bridge gaps in supply. At peak times, some US states and countries already have more renewable power than their grids can handle.

Renewable 305
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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
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Visiting Chinese trade official warns EU on greentech probe – ET Auto

Baua Electric

He cited the EU’s investigations into Chinese electric cars, solar panels and wind turbines as examples. He cited the EU’s investigations into Chinese electric cars , solar panels and wind turbines as examples. Earlier this week, Wang was in France where he met French Finance Minister Bruno Le Maire.

Chinese 52
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Ballard and HDF Energy sign development agreement for multi-megawatt fuel cell systems

Green Car Congress

Ballard Power Systems has signed a product development agreement with Hydrogene de France ( HDF Energy ), an independent power producer dedicated to renewable power generation, for the development and integration of a multi-megawatt (MW) scale fuel cell system into HDF Energy’s Renewstable power plant designed for stationary power applications.

Energy 195