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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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To generate the renewable electricity needed to feed production of green hydrogen, Cepsa will develop a 3GW portfolio of wind and solar energy projects with an additional €2-billion investment. It also has one of the highest wind and solar photovoltaic power generation and production capacity in Europe, and at the lowest cost.

Hydrogen 397
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Wärtsilä gas engines to burn 100% hydrogen

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This development is part of the company’s strategy to future-proof its engine technology in line with the global trend towards decarbonization of the energy and marine markets. Hydrogen as part of the renewable electricity system of the future. —Marco Wiren, President, Wärtsilä Energy Business.

Hydrogen 468
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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

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While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation. The uses of green methanol for commercial shipping have already been pioneered by Danish shipping giant Maersk.

Denmark 446
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Wärtsilä launches major test program towards carbon-free solutions with hydrogen and ammonia

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Wärtsilä says that the test results are very encouraging, with one test engine performing very well when running on a fuel with 70% ammonia content at a typical marine load range. For the marine market, the company expects to have an engine running on an ammonia blend already this year. —Håkan Agnevall, CEO of Wärtsilä.

Hydrogen 259
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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. MWh to €156.40/MWh MWh in 2050). billion in 2017 to $1.6 billion in 2019.

Renewable 210
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Sasol and ITOCHU to partner on green ammonia and hydrogen

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Green ammonia is produced from green hydrogen, which in turn is produced from renewable electricity (solar and wind) via an electrolysis process. MUFG Bank Ltd, one of the largest Financial Institutions in the world, and a market leader in sustainable financing solutions, witnessed the signing of the MoU.

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Rolls-Royce and SOWITEC cooperate on power-to-X projects

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Rolls-Royce Power Systems and SOWITEC, a specialist in renewable energy projects, have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 megawatts by 2028. With more than 4.2

Power 186