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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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

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Unlike other renewable energy sources, hydrogen can fuel hard-to-decarbonize heavy industrial sectors like steel, heavy transport, and cement. Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry.

Waste 345
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Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

Green Car Congress

The investment allows Ford to repurpose and transform existing buildings into a state-of-the-art facility that leverages Ford of Canada’s skilled and experienced workforce. The current 487-acre Oakville site includes three body shops, one paint building, one assembly building. Earlier post.) Earlier post.) Earlier post.)

Canada 397
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Ford to introduce 7 new electric cars and vans in Europe by 2024; plans for new battery plant

Green Car Congress

The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ). New battery gigafactory in Turkey. The investment includes a new battery assembly facility scheduled to start operations in 2024.

Europe 427
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Dow and AKSA forming JV for carbon fiber and derivatives; up to $1B investment in project within 5 years

Green Car Congress

The Dow Chemical Company, through its wholly-owned subsidiary Dow Europe GmbH, and Turkey-based AKSA Akrilik Kimya Sanayii A.?. The joint venture will develop and globally market a broad range of products and technical service support in the rapidly expanding carbon-fiber based composites industry.

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H24All project seeks to build Europe’s first 100 MW alkaline electrolyzer plant

Green Car Congress

The H24All project, led by a consortium of fifteen partners, has presented an application for European Green Deal funding to develop Europe’s first 100 megawatt (MW) alkaline electrolyzer plant, which will be connected to a Repsol industrial site.

Building 186
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China discourages local automakers from building EV plants overseas

Teslarati

In July, the Ministry of Commerce told Chinese automakers not to invest in India and “strongly advised” against investments in Russia and Turkey. It also mentioned risks in building car manufacturing factories in Europe and Thailand. The policy attracted big names in the global auto industry, including Tesla and Hyundai.

China 122