Green Car Congress

DECEMBER 3, 2022

With the continued global turmoil experienced over the past few years, the prices of almost everything are rising. While some automakers have alternative motor technologies that don’t rely on rare earths, the market has not shifted in this direction significantly. In 2021, permanent magnet motors made up 84% of the electric car market.

Market 259

Market Motors Motoring Motor 259

Green Car Congress

JUNE 19, 2018

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 BNEF sees $1.3

Wind 220

Wind Solar Global Coal 220

Green Car Congress

MAY 6, 2023

Following a latent demand pop in 2021 that saw the materialization of some pent-up demand from the year prior, Adamas Intelligence data indicates that global consumption of NdFeB magnets increased just 1.9% year-over-year in 2022, suppressed by global economic headwinds and regional pandemic-related challenges. billion by 2040.

Market 210

Market Global Supplies Wind 210

Green Car Congress

JULY 2, 2019

Hyundai Autron, a Hyundai Motor Group company, and Wind River signed a partnership to develop an autonomous driving and connectivity software platform to power next-generation automobiles. US-based Wind River is the global leader in embedded and Internet of Things (IoT) software. —Dae Heung Moon, CEO of Hyundai Autron.

Wind 236

Wind Hyundai Automobile Kia 236

Teslarati

JANUARY 15, 2024

“The report shows that under existing policies and market conditions, global renewable power capacity is now expected to grow to 7,300 GW over the 2023-28 period covered by the forecast,” the IEA wrote in a press release. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

Coal 133

Coal Renewable Global Wind 133

Green Car Congress

JANUARY 25, 2022

Ørsted and Liquid Wind AB have reached an agreement under which Ørsted will acquire a 45% ownership share of Liquid Wind AB’s FlagshipONE e-methanol project. Liquid Wind AB plans to establish a series of facilities across Sweden to decarbonize the maritime sector, of which FlagshipONE will be the first. Earlier post.).

Wind 150

Wind Sweden Hydrogen Denmark 150

Green Car Congress

MARCH 9, 2022

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.

Emissions 370

Emissions Global Coal China 370

Green Car Congress

JULY 10, 2020

The project, which will be equally owned by the three partners, will be sited in NEOM , a new model for sustainable living located in the north west corner of the Kingdom of Saudi Arabia, and will produce green ammonia for export to global markets. million tons per year of green ammonia using Haldor Topsoe technology.

Saudi Arabia 186

Saudi Arabia Production Green Global 186

Green Car Congress

DECEMBER 13, 2018

Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020.

Wind 286

Wind Mercedes Cars Germany 286

Green Car Congress

JANUARY 16, 2019

million electric vehicles to be sold globally in 2019. million units—around 57% of the global market. China’s market is in transition, and the recent annual doubling of sales every year looks unlikely to hold in 2019. In markets like the US and the UK, direct purchase subsidies are already starting to wind down.

2019 392

2019 Global Sale South Korea 392

Green Car Congress

SEPTEMBER 5, 2023

At the IAA Summit in Munich, HIF Global, together with Porsche AG, Volkswagen Group Innovation and MAN Energy Solutions, announced the development and installation of a Direct Air Capture (DAC) unit at the HIF Haru Oni Demonstration facility in southern Chile in 2024. Earlier post.) Why not combine the two? Earlier post.)

Chile 195

Chile Porsche Global Installation 195

Green Car Congress

JULY 21, 2021

million to 53 projects by 51 small businesses and entrepreneurs with phase II funding based on the initial success of their phase I awards, including follow-on awards to support projects closer to market. Low Total Cost of Hydrogen by Exploiting Offshore Wind and PEM Electrolysis Synergies. million); Fossil Energy (US$14.7

Clean 334

Clean Cleaning Energy Market 334

Green Car Congress

JUNE 20, 2023

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. This includes spending on renewables such as wind and solar as well as grid and other infrastructure. trillion in 2022, IRENA said.

Industrial 243

Industrial Industry Global Lithium Ion 243

Green Car Congress

APRIL 7, 2022

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.

Porsche 243

Porsche Chile Global Industrial 243

Green Car Congress

MAY 31, 2020

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344

Global Energy Coal 2020 344

Green Car Congress

JUNE 19, 2019

Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Global power generation mix. Wind and solar grow from 7% of generation today to 48% by 2050.

Wind 207

Wind Solar Emissions Batteries 207

Electrek

NOVEMBER 10, 2021

Paris-headquartered global cable company Nexans has officially opened the US’s first high-voltage subsea cable plant. The Charleston, South Carolina factory will supply the fledgling yet soon-to-boom US offshore wind market. The plant is the only facility of its kind in North America.

Wind 143

Wind South Carolina North America America 143

Green Car Congress

JULY 15, 2021

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221

Coal Renewable Global Iraq 221

Green Car Congress

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. This will translate to comparable demand growth for the rare earths elements (i.e.,

Global 170

Global Supplies Wind Market 170

Green Car Congress

JULY 15, 2022

The challenge of meeting Net-Zero Emissions by 2050 “will be short-circuited and remain out of reach” unless significant new copper supply comes online in a timely way, according to a new study by S&P Global that examines the growing mismatch between available copper supply and future demand resulting from the energy transition.

Supplies 243

Supplies Global Energy Emissions 243

Green Car Congress

MAY 11, 2023

HIF Global, the world’s leading eFuels company, intends to deploy the new technology to produce eSAF at its second US eFuels facility— its first eSAF facility in the US. HIF Global is the first customer to sign a commercial agreement for the production of eSAF using Honeywell UOP eFining. Earlier post.)

Global 199

Global Chile Hydrogen Fuel 199

Green Car Congress

JANUARY 11, 2023

The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. Our forecast for global consumption of petroleum depends on uncertain economic conditions—especially in China. —EIA Administrator Joe DeCarolis.

Oil Prices 210

Oil Prices Oil Global Price 210

Green Car Congress

AUGUST 2, 2022

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

Financing Renewable Wind Energy 243

Green Car Congress

NOVEMBER 23, 2022

Powerful permanent magnets are necessary components of electric vehicle motors, wind turbines, efficient industrial motors, and many other modern technologies essential to the clean energy transition. One of the top 5 global wind turbine OEMs. Today, these magnets rely on rare earth elements. 2019.165962.

Grant 345

Grant Production Wind Clean 345

Green Car Congress

OCTOBER 7, 2021

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency.

Global 259

Global Energy Emissions Asia 259

Green Car Congress

JANUARY 6, 2023

H2Carrier AS and Greenland-based Anori A/S have signed a Letter of Intent (LOI) with the purpose of developing the first commercial wind farm in Greenland with subsequent production and export of green ammonia. The 1.5GW wind farm will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia, the P2XFloater.

Green 259

Green Production Wind Norway 259

Green Car Congress

OCTOBER 4, 2012

As innovative new production technologies lower carbon fiber cost, the global market for carbon fiber reinforced plastics (CFRPs) will more than double to $36 billion in 2020, growing at a compound annual growth rate of 13% from $14.6 billion in 2012, according to a new Lux Research report. kg today to $10.5/kg kg today to $10.5/kg

Carbon Fiber 218

Carbon Fiber Wind Carbon 2020 218

Green Car Congress

MARCH 13, 2020

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries.

Energy Storage 416

Energy Storage Renewable Energy Asia 416

Green Car Congress

JANUARY 16, 2021

At the same time, the intention is to pilot a hydrogen-based energy generation solution suitable for export markets. EPV has already invested significantly in wind power and will continue to do so in the future. When wind power production exceeds demand, we need to store the electricity for later use at a convenient point of time.

Hydrogen 290

Hydrogen Wind Power Powered 290

Green Car Congress

JULY 31, 2019

Global cumulative energy storage installations. BNEF’s Energy Storage Outlook 2019 predicts a further halving of lithium-ion battery costs per kilowatt-hour by 2030, as demand takes off in two different markets: stationary storage and electric vehicles. Source: BloombergNEF.

Energy Storage 225

Energy Storage Grid Global Energy 225

Green Car Congress

FEBRUARY 18, 2019

YASA, a leading manufacturer of axial-flux electric motors and controllers, signed a long-term joint innovation agreement with a global automotive OEM. Compared to the complex, multiple slot windings of conventional motors, YASA motor’s segmented armature lends itself to low cost, serial production. Earlier post.). Earlier post.).

Motor 324

Motor Motors Motoring Manufacturer 324

Green Car Congress

SEPTEMBER 19, 2020

Enel X and MGL will provide an innovative electrification planning and analysis solution that will help inform the MBTA’s electrification strategy and has the potential to be applied in other markets. Enel is a multinational power company and a leading integrated player in the global power, gas and renewables markets.

Fleet 321

Fleet North America Market Massachusetts 321

Green Car Congress

AUGUST 7, 2020

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. —Jon Moore, CEO of BNEF.

Gas 243

Gas Global Industrial Industry 243

Green Car Congress

JUNE 1, 2017

Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The wind farm will power around 20,000 households. Statoil is proud to develop the world’s first floating wind farm. Production start is expected in late 2017.

Wind 191

Wind Building Norway Water 191

Green Car Congress

JUNE 18, 2022

The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d in 2023, surpassing pre-pandemic levels.

Oil 210

Oil Global Libya Russia 210

Green Car Congress

AUGUST 8, 2023

Topsoe has signed an agreement with World Energy GH2 , a net-zero solutions provider, to provide Topsoe’s dynamic ammonia loop technology for Canada’s largest—and one of the world’s first-to-market, renewable hydrogen projects—Project Nujio’qonik. Nujio’qonik is The Mi’kmaw name for Bay St. George) Located in the Bay St.

Hydrogen 150

Hydrogen Renewable Supplies Energy 150

Green Car Congress

MAY 14, 2021

the leading global provider of auxiliary wind propulsion systems, announced the installation of five tilting Rotor Sails ( earlier post ) on board a new-build Very Large Ore Carrier (VLOC) chartered by Vale, the Brazilian mining company. Norsepower Oy Ltd.,

Installation 415

Installation Wind Fuel Emissions 415