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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. each will submit applications to the Korea RE100 Committee later this month.

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Inside the Global Race to Tap Potent Offshore Wind

Cars That Think

One day soon, a platform 50 times as large may float in the deep waters of the North Sea, buoying up a massive wind turbine to harvest the steady, strong breezes there. About an hour’s ride up the coast, full-scale 3,000-tonne behemoths already float in Aberdeen Bay, capturing enough wind energy to electrify nearly 35,000 Scottish households.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

Green Car Congress

The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. In the near term, renewables-plus-storage, especially solar-plus-storage, has become a major driver for battery build. Batteries will increasingly be chosen to manage this dynamic supply and demand mix.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

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Old empires could be the key to a new car future – ET Auto

Baua Electric

The machines that do this are called electrolyzers, and like battery EVs, they are only truly green if the original electricity source comes from renewables. These firms are already struggling to manage their EV rollouts, with battery technology and supply proving major stumbling blocks. Asian conglomerates may be the answer.

Future 52
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The plant will feature SGH2’s technology, which will gasify recycled mixed paper waste to produce green hydrogen that reduces carbon emissions by two to three times more than green hydrogen produced using electrolysis and renewable energy, and is five to seven times cheaper. The facility will process 42,000 tons of recycled waste annually.

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