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Report: Egypt to invest up to $4B in green hydrogen project

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Egypt is planning to invest up to $4 billion in a project to generate green hydrogen via electrolysis, according to a report in Arab News , citing the Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker. Shaker said that an area of more than 7,000 sq.

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BNEF: cost of new renewables rises as inflation starts to bite

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The cost of new-build onshore wind has risen 7% year on year, and fixed-axis solar has jumped 14%, according to the latest analysis by research company BloombergNEF (BNEF). Despite temporary cost rises for renewables, the gap to fossil fuel power generation continues to widen due to fuel and carbon prices rising even faster.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

The Middle East represents a big opportunity and a very promising region for us, given the high levels of solar exposure, strong appetite for green hydrogen projects, and strategic geographic position between Europe and Asia. In this regard, green hydrogen is currently in a similar position to that of solar power a decade ago.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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A large part of this potential comes from six relatively standardized categories: solar and wind energy; efficient appliances; efficient passenger cars; afforestation and stopping deforestation. The report shows that emissions could be reduced by up to 30 to 40 GtCO 2 e per annum, with costs below US$100/tCO 2 e.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Renewables in total will account for about 15% of energy demand in 2040.

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More than 50 percent of MoUs signed in Vibrant Gujarat are green | Autocar Professional

Baua Electric

Semiconductors, green hydrogen, renewable energy, electronics, MSMEs, and electric mobility are some of the focus areas for the summit. We are constructing the world’s largest Renewable Energy Park at Khavda and investing Rs 2 lakh crore in Gujarat.

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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

That’s according to 2023 IEEE President Saifur Rahman , who was among the speakers from engineering organizations at the COP27 event held in Egypt in November. He also said low-cost, low-carbon hydrogen fuel should be considered as part of the renewable energy mix. We don’t have enough solar energy and wind energy.”