The Wind Industry’s Unexpected TurnaroundIn recent years, the global wind industry has experienced its fair share of challenges. Rising interest rates and soaring materials costs have significantly eroded profit margins for developers. Combined with a noticeable decline in political and economic support for the energy transition, the sector witnessed a standstill in the installation of new turbines,...
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The industry will also need to grapple with building or sourcing enough clean energy to run these machines. Electrolyzers are extremely power-hungry: The IEA estimates that between 44 and 90 gigawatts of renewable energy will be dedicated to hydrogen production over the next four years. Despite the difficulties, the puzzle pieces have started to come together for the supply of clean hydrogen to...
Cleantech company Plagazi has revealed that the European Investment Bank (EIB) will provide financial advisory for the Köping Hydrogen Park in Sweden.Courtesy of the European Commission; Photo by Mauro Bottaro According to Plagazi, the services will be provided free of charge and will pertain to financial advisory for the project development of the park. “This support, comparable to a...
Kitepower and eFuelution have announced a partnership to develop green hydrogen projects. Kitepower’s innovative energy system, which harvests wind energy with a flying kite, will be a complementary solution to accelerate green hydrogen production. With the Netherlands aiming for climate neutrality by 2050, green hydrogen is emerging as a crucial element in achieving this ambitious goal....
Photograph: Heriot-Watt University Heriot-Watt university’s expertise in green hydrogen will underpin a new climate change partnership with the University of Houston. The ‘landmark’ memorandum of understanding (MoU) between the university, based in Edinburgh, and its US-based partner will support joint research on the energy transition. The two universities aim to become a...
Bloom Energy Shares its Expertise at First CERA Week The future of energy was thrust into the spotlight at the recent CERAWeek 2022, as thousands of industry and policy leaders convened in Houston to discuss viable pathways to net zero while increasing energy security amidst geopolitical crisis. A consensus emerged behind Secretary of Energy Jennifer Granholm’s...
The City of Calgary will launch a pair of hydrogen vehicle pilot projects later this year, with one boosted by a recent provincial funding announcement. On Tuesday, the Government of Alberta announced that it will provide $57 million to develop 28 new hydrogen technologies. They said the investment will accelerate technologies that could be used to help Alberta reach carbon neutrality by...
Germany’s transport ministry has halted the approval of any new hydrogen-related funding in the wake of a nepotism scandal that led to the firing of a department boss. Head of policy Klaus Bonhoff — a former long-standing boss of the National Organisation for Hydrogen and Fuel Cell Technology (NOW) — was sacked by transport minister Volker Wissing last week after previously withheld internal...
The services will pertain to financial advisory for project development in Köping Hydrogen Park and will be provided by the European Investment Bank (EIB) free of charge. This support, comparable to a grant, will provide invaluable expertise to the development of Köping Hydrogen Park when it comes to furthering the project...