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Mercedes-Benz Cars plants to source electricity from German wind farms

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Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020. Statkraft is an important player in energy trading.

Wind 286
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.

Hydrogen 397
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Naturgy and Enagás studying production of green hydrogen from 350 MW of wind power in Asturias

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Naturgy and Enagás are studying the production of green hydrogen from a 250MW floating offshore wind farm and another 100MW onshore wind farm in Asturias (Spain) for industrial consumption in this Autonomous Region. The electrolyzer will be supplied by Hydrogenics, which is part of the Cummins Group.

Wind 315
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Ford of Europe Commissions Two Giant Wind Turbines at Genk Plant

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Ford of Europe has put two giant wind turbines, each with a height of 150 meters, into service at the Ford Genk plant in Belgium. The wind turbines will deliver a significant part of the electrical power needed in the Genk Plant, production home of the Mondeo, S-MAX and Galaxy models. litre Duratorq TDCi engine production line.

Wind 186
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Everfuel signs MOU for hydrogen supply to new zero-emission ship concept

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Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. Everfuel is well-positioned to provide maritime fueling solutions across Scandinavia and Europe.

Hydrogen 293
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Total, Groupe PSA forming JV to produce EV batteries in Europe; €5B program; €200M pilot plant at Saft Nersac

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Energy major Total, through its wholly-owned subsidiary Saft, and Groupe PSA with Opel, intend to establish a joint venture named Automotive Cell Company (ACC) to develop EV battery manufacturing in Europe. The project will leverage cutting-edge R&D, notably provided by Saft, in order to produce EV batteries starting in 2023.

Europe 378
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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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Chinese factories are restarting, so the pressure on supply of key components and equipment is likely to ease. However, the short-term interruption to production in China has highlighted the need for diversified supply chains and strengthened the case for localized manufacturing in Asia, Europe and the US, especially for batteries.