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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. It will be based on a wide network of partners from all sectors and will revolve around 4 poles of activity, putting into practice the principles of the circular economy at each stage of the vehicle life cycle and mobility.

Economy 397
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Alder Fuels and Enviva partner to scale and commercialize sustainable aviation fuel supply chains

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The agreement makes Enviva an exclusive supplier of up to 750,000 metric tons per year of sustainably sourced woody biomass to Alder’s first Alder Greencrude (AGC) production facility, soon to be under construction in the southeastern United States. The size of the market for our product is equal to the petroleum market it replaces.

Supplies 150
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ESB and dCarbonX to partner on green hydrogen storage development in Ireland

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This partnership represents another milestone in Ireland’s emerging hydrogen economy as part of its transition to a low-carbon future. ESB operates across the Irish electricity market; from generation, through transmission and distribution to the supply of customers with an expanding presence in the British power generation market.

Ireland 297
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. gigatonnes last year, the same as the previous two years, while the global economy grew 3.1%, according to estimates from the IEA.

Economy 199
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Tata Group to build £4B gigafactory in UK; 40 GWh of cells per year

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Tata Sons will build a 40GW battery cell gigafactory in the United Kingdom (UK). JLR and Tata Motors will be anchor customers, with supplies commencing from 2026. The investment of more than £4 billion (US$5.2 billion), will deliver electric mobility and renewable energy storage solutions for customers in UK and Europe.

Building 150
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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. After a very strong first half in 2021, public market issuances for renewable energy companies dropped 65% in 1H 2022, totaling $10.5 The 2Q figure, at $3.9

Financing 243
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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

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But this time, we are seeing exciting progress in making hydrogen cleaner, more affordable and more available for use across different sectors of the economy. We have experienced false starts before with hydrogen, so we can’t take success for granted.

Hydrogen 199