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Cummins selects Spain for GW electrolyzer plant, partners with Iberdrola on green hydrogen value chain

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joined government leaders and partner Iberdrola, one of the world’s largest energy companies, to announce its plans for one of the world’s largest electrolyzer plants for the production of green hydrogen to be located in Castilla-La Mancha, Spain. Cummins has deployed more than 600 electrolyzers in 100 countries globally. Cummins Inc.

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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. Due to the abundance of sun and wind in the Iberian Peninsula, the International.

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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. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.

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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu

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Global Wind Power Capacity Grew 28.8% in 2008; 120.8 GW Total

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Global wind energy capacity grew by 28.8% last year, even higher than the average over the past decade, to reach total global installations of more than 120.8 GW at the end of 2008, according to the Global Wind Energy Council. The US has now officially overtaken Germany (23,902 MW) as number one in wind power.

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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

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The companies will explore supply options for both blue and green hydrogen, as well as power from wind and solar generation through the use of power purchase agreements. Steel accounts for 8 to 11% of global CO 2 emissions. The steel and energy industries have of course long been closely linked.

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7 companies launch Green Hydrogen Catapult to increase green H2 production 50-fold over next 6 years

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Green hydrogen is produced by using renewable energy (wind and solar) to power electrolysis that splits water into its constituent parts. Rocky Mountain Institute, a global non-profit think-and-do-tank, will facilitate the initiative alongside partners. degrees Celsius.

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