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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

Green Car Congress

Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

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European HYFLEXPOWER project to demo first integrated power-to-X-to-power hydrogen gas turbine

Green Car Congress

A consortium comprising Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities is implementing the HYFLEXPOWER project funded by the European Commission under the Horizon 2020 Framework Program for Research and Innovation (Grant Agreement 884229).

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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

Green Car Congress

The Intermountain Power Agency (IPA) has awarded Mitsubishi Hitachi Power Systems (MHPS) a contract for two M501JAC power trains for the Intermountain Power Plant (IPP) in Delta, Utah. The renewed generation facility will be owned by IPA and operated by the Los Angeles Department of Water and Power (LADWP).

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GE Gas Power and Shell to collaborate on LNG decarbonization pathway using hydrogen

Green Car Congress

GE Gas Power and Shell Global Solutions, a pioneer in liquefied natural gas (LNG) for more than 50 years, have signed a development agreement to pursue potential pathways aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world. However, the source and nature of this fuel matters as well.

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Hyundai’s new Kona Electric is even cheaper to lease than the gas-powered model at $169/mo

Electrek

Hyundai’s new 2024 Kona Electric is even cheaper to lease than the gas-powered model, starting at $169 per month. The newly designed Hyundai Kona Electric is better in every way, with more range, faster charging, and a bold new style.

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Equinor and RWE to develop hydrogen-fired power plants in Germany, Norway-to-Germany hydrogen pipeline

Green Car Congress

The partners aim to replace coal-fired power plants with hydrogen-ready gas-fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany. Building production facilities in Norway to produce low carbon hydrogen from natural gas with CCS.

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