Market News - Page 156 of 349 - New Energy Events

New IEA report: Global hydrogen review for 2021
October 7, 2021
The Global Hydrogen Review is a new annual publication by the International Energy Agency to track progress in hydrogen production and demand, as well as in other critical areas such as policy, regulation, investments, innovation and infrastructure development. The report is an output of the Clean Energy Ministerial Hydrogen Initiative (CEM H2I) and is intended […]
Air Liquide, TotalEnergies, VINCI and a group of international companies launch the world’s largest clean hydrogen infrastructure fund
October 7, 2021
Air Liquide , TotalEnergies and VINCI, are combining forces with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth […]
‘Overwhelmed by old challenges’, Caribbean leaders say COVID-19 has forced a new battle for the survival of their nations
September 30, 2021
Caribbean island nations are under assault from the coronavirus pandemic even as they try to protect their communities from rising seas and raging storms, regional leaders said Saturday at the UN, where they called for bold action to tackle climate change and shore up public health systems. Source
HDF energy breaks ground on world’s largest green hydrogen-power project in French Guiana
September 30, 2021
French hydrogen firm HDF Energy and its equity partners, the infrastructure fund Meridiam and the petroleum operator SARA (Rubis Group) have begun the construction of CEOG Power Plant in French Guiana. CEOG is the world’s first multi-megawatt hydrogen power plant. Weighing in at 128MWh, it includes the largest green hydrogen storage of intermittent electricity sources. Representing […]
World Bank’s new RFP calls for innovative financing to scale up renewable energy development in the Eastern Caribbean Currency Union
September 30, 2021
The Eastern Caribbean Currency Union (ECCU) encompasses eight countries and overseas territories[1], all of which are small island developing nations extremely vulnerable to climate change and natural disaster risks. The region is highly dependent on imported expensive fossil fuel to meet its energy requirements despite being endowed with enormous renewable energy (RE) generation potential. The […]
Mining billionaire spearheads green hydrogen push
September 30, 2021
Australian mining billionaire Andrew Forrest on Thursday launched a green hydrogen organization, GH2, in a push to speed up development of the clean fuel to help curb global warming. GH2’s goal is to ensure that by 2050 a quarter of the world’s energy comes from green hydrogen, which is extracted from water with electrolysis, an […]
Bill Gates raises $1 billion as corporate CEOs join race to scale clean tech
September 30, 2021
Bill Gates raised more than $1 billion in corporate funding for Breakthrough Energy Catalyst, drawing on BlackRock Inc.’s Larry Fink and Microsoft Corp.’s Satya Nadella to rally support for some of the world’s most demanding clean-energy projects. They are looking to accelerate the commercial viability of four key solutions to the climate crisis: green hydrogen, sustainable […]
Barbados pursues ‘Norwegian model’: going green at home and drilling for oil
September 24, 2021
The Caribbean nation of Barbados is pursuing what a key official called the “Norwegian model” by exporting oil and gas while cleaning up its own cars and electricity production. The government recently submitted plans to the UN to make 100% of its cars run on electricity or alternative fuels and to get 95% of its […]
Guyana’s role in the emerging green energy transition
September 24, 2021
At a recent offshore oil & gas conference in Houston, Guyana’s foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly US$35 billion dollars, about the size of Paraguay, who has nine-times the population of the former British Colony. Per capita, […]