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thyssenkrupp to perform green hydrogen & ammonia technical study for Helios US$1B UAE plant

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Helios Industry is a privately-owned special project vehicle company (SPV) established in Abu Dhabi, United Arab Emirates, to design, develop, finance, construct, own and operate a green hydrogen and green ammonia production facility project at Khalifa Industrial Zone Abu Dhabi (KIZAD). —M.

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Azerbaijan Plans Caspian-Black Sea Energy Corridor

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The transcontinental connection would start with wind, solar, and hydropower generated in Azerbaijan and Georgia, and off-shore wind power generated in the Caspian Sea. The Australia-Asia PowerLink project aims to produce 6 GW at a vast solar farm in Northern Australia and send about a third of it to Singapore via a 4,300-km undersea cable.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Falling capital costs enabled record volumes of both solar (132GW) and wind (73GW) to be installed on the basis of the modest increase in dollar investment.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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Biomass and solar are shown as primary energy due to their multiple uses. This could contribute towards a goal of holding the increase in global temperature below 2 °C—an aim recognized in the United Nations Climate Convention’s Cancun Agreements. Source: SRREN. Click to enlarge.

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