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Operational clean hydrogen production projects set to double globally within the next five years

Envirotec Magazine

followed suit through the introduction of a clean hydrogen production tax credit through the Inflation Reduction Act and a hydrogen hubs program through the Infrastructure Investment and Jobs Act (IIJA) whilst also introducing its National Clean Hydrogen Strategy and Roadmap. Meanwhile, the UK launched its hydrogen strategy in 2021.

Hydrogen 275
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Smart Energy Finances: SparkMeter funding, Elia in the US and AI assisting investments

Smart Energy International

This week we look at a $5 million investment into SparkMeter, which provides grid management solutions tailored to emerging markets, an acquisition from Elia Group signalling their entry into the US and insights into how AI can assist with clean tech investments in a constantly changing market environment.

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Smart Energy Finances: Norwegian investors buy 49% stake in Indian transmission scheme

Smart Energy International

Norwegian investment in Indian transmission The Norwegian Climate Investment Fund, managed by government-owned Norfund and KLP, Norway’s largest pension company, is investing approximately $9 million for a 49% stake in the Koppal Transmission Scheme. ReNew has won three transmission projects in Karnataka to date.

Energy 118
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1.5TW of additional transmission needed for net zero by 2040

Smart Energy International

For example Africa and Asia are seen as becoming net exporters of clean electricity with their export revenue offsetting the increased system costs, while the greatest savings are seen in North America with interconnectors between the US and Canada. Have you read? Grid modernisation is the blind spot of the net zero transition.

Africa 59
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Keep your eyes on these 9 electric truck and van companies in 2021

GreenBiz

and attracting major investments for its electric buses and vans still in development. The company closed out 2020 by investing $3 million and hiring 150 employees for its North American headquarters in Charlotte , North Carolina. Across the company, Ford’s investment in electrifying vehicles through 2022 totals $11.5

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Energy trilemma evolving to reflect new ambitions and threats

Smart Energy International

The World Energy Council’s World Energy Trilemma 2024 report reveals changing ambitions and new challenges facing global energy systems. Within Asia, the energy transition is marked by robust demand driven by economic growth amidst climate threats and challenges to infrastructure resilience. We manage what we measure.

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Why Orsted Doesn’t Need Anything but Offshore Wind

GreenTechMedia

gigawatts of offshore wind installed or past a final investment decision, according to a 2019 company report issued at the end of January. Ørsted expects to commission the projects between 2022 and 2024. Japan, South Korea and China (via a memorandum of understanding with the State Power Investment Corporation).