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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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Snam launches HyAccelerator global-scale accelerator for hydrogen startups

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Snam, the main Italian operator for the transport and dispatching of natural gas in Italy, launched HyAccelerator , a corporate global-scale startup acceleration program focused on hydrogen.

Hydrogen 210
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.

Gas 243
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AECOM to develop hydrogen-powered railway in Central Italy

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Global infrastructure consulting firm AECOM signed a memorandum of understanding (MOU) with Spanish renewables group Iberdrola, and Italian partners Cinque International and Ancitel Energy and Environment, to upgrade Italy’s historic Apennine diesel railway with hydrogen trains.

Hydrogen 199
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Iveco Group inaugurates new ePowertrain plant in Turin, the Group’s first completely carbon-neutral manufacturing site

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FPT Industrial, the global powertrain brand of Iveco Group, inaugurated the new Turin (Italy) ePowertrain plant, a manufacturing site fully dedicated to the production of the electric powertrain range and Iveco Group’s first completely carbon-neutral plant. The adoption of Industry 4.0

Carbon 243
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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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A green industrial policy focused on batteries with EU-wide support for scaling up production is urgently needed to react to US subsidies and China’s years of dominance. Europe’s global share of new investment in Li-ion battery production dropped from 41% in 2021 to a meagre 2% in 2022, according to BloombergNEF.

Companies 430
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Plug Power and Lhyfe partner to develop green hydrogen plants throughout Europe; 300MW by 2025

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Plug Power and Lhyfe, a producer and supplier of renewable hydrogen, announced an partnership to pursue and develop jointly green hydrogen generation plants throughout Europe. Plug Power is the largest buyer of liquid hydrogen globally and has been present in Europe for more than 10 years. Earlier post.).

Hydrogen 199