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Chile EV Sales Report: Tesla & BYD Join Forces to Bring the EV Market to New Highs with 500% Growth YoY in May

CleanTechnica EVs

On paper, Chile has everything to be the Latin American leader in electrifying mobility. It’s relatively small and wealthier than most other countries in the region, it has abundant renewable electricity, and it lacks meaningful oil reserves, so there’s a huge financial incentive to curb those expensive oil imports with.

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Porsche, Siemens Energy and partners advance climate-neutral eFuels development; Haru Oni pilot in Chile

Green Car Congress

Porsche, Siemens Energy and partners are developing and implementing a pilot project—the “Haru Oni” project—in Chile that is expected to yield the world’s first integrated, commercial, industrial-scale plant for making synthetic climate-neutral fuels (eFuels). Electrolyzers will use wind power to produce green hydrogen.

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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.

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Fincantieri and Enel Green Power Italia to explore use of green hydrogen in ports and long-range maritime transport

Green Car Congress

Enel Green Power is committed to the creation and development of projects for the production and use of green or renewable hydrogen, derived from the electrolysis of water powered exclusively by renewable electricity.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

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Ferrari sees synthetic fuel as savior of ICE supercars

Baua Electric

Saudi Arabian oil giant Aramco, a major sponsor of F1, is involved in developing synthetic fuels for motorsports and, eventually, road cars. Porsche and several partners already have a trial plant in Chile churning out synthetic fuel. Not everyone is convinced on synthetic fuels, though.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. thousand in 2017.

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