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

Green Car Congress

Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. SGH2 is in negotiations to launch similar projects in France, Saudi Arabia, Ukraine, Greece, Japan, South Korea, Poland, Turkey, Russia, China, Brazil, Malaysia and Australia.

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Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

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The Dow Chemical Company, through its wholly-owned subsidiary Dow Europe GmbH, and Turkey-based AKSA Akrilik Kimya Sanayii A.?. Following initial equity investments from the two companies, the JV will finance its growth through cash flow from operations and financial institutions.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

New geothermal power came on line in Kenya, New Zealand, Nicaragua, Turkey, and Mexico, as well as Oregon, Nevada and Utah in the United States. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Biomass and waste-to-energy financings were down 3% at $10 billion. BNEF’s analysis shows that companies, governments and households invested $303.5 billion, down 12%.

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DOE awards $4M to carbon capture and storage projects selected as part of ACT

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The ACT Initiative is a consortium of ten European countries—France, Germany, Greece, the Netherlands, Norway, Romania, Spain, Switzerland, Turkey, the United Kingdom—and the United States. million is funded by the ACT consortium; private financing amounts to €1.5M The total budget of the 12 projects is €43.6

Carbon 150
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Renault-Nissan Alliance, CEA and FSI to Form Joint Venture to Develop and Manufacture Batteries for Electric Vehicles

Green Car Congress

In order to complete the financing of the project, the European Investment Bank (EIB) is considering a loan of up to 50% of the €280 million (US$416 million) debt financing. The Renault-Nissan Alliance will use its European battery plants in France, the UK and Portugal to supply electric vehicles built around Europe and Turkey.

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CISOLAR & GREENBATTERY 2024: Transforming Clean Energy Landscapes in Southeast Europe

Baua Electric

However, unlocking this potential requires coordinated action among governments, private companies, and communities to build a resilient, inclusive energy market that will serve the region for decades to come.” Romanian and Eastern European Clean Energy Market Overview The clean energy sector in Romania is on a transformative path.

Clean 40