Remove Global Remove Industry Remove Stimulus Remove Wind
article thumbnail

Germany and Namibia form partnership for green hydrogen

Green Car Congress

The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. It has a lot of vast unused space.

Namibia 337
article thumbnail

PwC’s Autofacts forecasts global light vehicle assembly to reach 81.8M units in 2013, up 3.3% from 2012

Green Car Congress

Global light vehicle assembly will reach 81.8 Consumer demands and regulatory requirements are motivating the global automotive industry to push ahead with technological breakthroughs on a larger scale ,” said Rick Hanna, PwC’s global automotive leader. million units in 2013, representing a 3.3% million units in 2019.

2013 220
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. The industrial powerhouse also used 347,000 tonnes of biomass in the same period, up 50% year-on-year.

article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z.

Renewable 199
article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Globally, more than 100 nations have established renewable energy targets. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry.

Renewable 220
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Renewables account for approximately 10-15% of the global energy infrastructure investment and according to New Energy Finance renewables have been hit hard by the global recession with a 47% in Q1 2009 vs. Q1 2008 ($13.3 The US is in a race for global dominance in the new energy economy with China. Billion vs. $28.3

Financing 150
article thumbnail

Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. “In the near-term, we expect to see some consolidation in the battery industry, with a few leaders taking the lead. Click to enlarge. Earlier post.).