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Mercedes-Benz plans wind farm at Papenburg test track to cover more than 15% of Group’s electricity needs in Germany

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Mercedes-Benz plans to build a wind farm at its test track in Papenburg, northern Germany, with an output of more than 100 MW to cover up to more than 15% of the annual electricity demand of Mercedes-Benz Group AG in Germany. The large-scale installation of photovoltaic systems on the test site is also under examination.

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Iberdrola to invest more than €1.1B to build a green hydrogen and methanol plant in Australia; Bell Bay Powerfuels

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Iberdrola Australia and Australia-based hydrogen developer ABEL Energy will build a green hydrogen and green methanol production plant at Bell Bay in northern Tasmania (Australia). The Bell Bay Powerfuels Project will incorporate one of the largest electrolyzer units—more than100MW—to be installed in Australia by 2025.

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Gigastack renewable hydrogen from offshore wind project advances to next phase; 100MW electrolyzer system

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million for the next phase of Gigastack, a new renewable hydrogen project, as part of the Department for Business, Energy and Industrial Strategy (BEIS) Hydrogen Supply Competition. Producing hydrogen has traditionally been associated with high carbon emissions, but by using renewable electricity—e.g., The UK has awarded £7.5

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California Energy Commission adopts offshore wind goals: 5GW by 2030, 25 GW by 2045

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The California Energy Commission (CEC) adopted a report establishing offshore wind goals and moving the state one step closer to development of the clean energy resource off California’s coast. Additional transmission infrastructure will be needed to deliver offshore wind energy from this region to the grid.

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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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bp to enter German offshore wind market with 4GW auction win

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bp has been awarded the rights to develop two offshore wind projects in the German tender round, marking its entry into offshore wind in continental Europe. bp will lead the development, construction and operations of these fixed-bottom offshore wind projects, with grid connection targeted by end 2030.

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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

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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.

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