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RWE and Westfalen Group forming JV to supply green hydrogen for vehicles; focus on heavy-duty; up to 70 stations

Green Car Congress

In Germany, RWE and the Westfalen Group will work together to supply green hydrogen for hydrogen-powered vehicles. Hydrogen can play a crucial part in significantly reducing carbon emissions in heavy goods transportation. Up to 70 hydrogen fuel stations will be in place by 2030, depending on how the market develops.

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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Alcoa to supply sustainable, low-carbon aluminum for wheels on Audi e-tron GT

Green Car Congress

As part of a pilot project, Audi is procuring 20-inch wheels for the Audi e-tron GT electric car that are made from low-CO 2 emission aluminum supplied by Alcoa to RONAL GROUP, the wheel’s manufacturer. The site has been supplied with renewable energy since 2020. Source: Alcoa.

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Study confirms €1T green hydrogen potential for Africa

Green Car Congress

Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

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STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

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Mercedes-Benz takes stake in H2 Green Steel; to begin use of green steel in 2025

Green Car Congress

Mercedes-Benz AG is the first car manufacturer to take an equity stake in Swedish start-up H2 Green Steel (H2GS) as a way to introduce CO 2 free steel into series production. Together with its steel suppliers, the company is retooling its supply chain to focus on the prevention and reduction of CO 2 emissions rather than compensation.

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Cummins to supply 35MW electrolyzer system to Linde for green hydrogen production in Niagara Falls

Green Car Congress

Cummins will supply a 35-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Linde’s new hydrogen production plant in Niagara Falls, New York. The new plant will be the largest electrolyzer installed by Linde globally and will more than double Linde’s green liquid hydrogen production capacity in the United States.

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