Plug Power will deliver 40-times more electrolyzer capacity in 2022 than in 2021, according to an interview this week with Recharge. Annual shipments are expected to rise from 5 MW in 2021 to 200 MW in 2022, although this remains dwarfed by an order pipeline of 16 GW.
BHP is facing a £5 billion lawsuit, after more than 200,000 Brazilians have joined an effort to sue the company due to a dam collapse in 2015. Judges in the English Court of Appeal overturned an pervious decision to not hear the case, which was filed in 2018, and will now address the loss of homes and livelihoods that occurred following the collapse of the Fundao Dam in Brazil.
Octopus Energy has launched an electric vehicle leasing business in Texas, including a smart charging plan. Reduced electricity rates will be made available to customers who enroll their EV and a smart thermostat in its demand response program called Intelligent Octopus.
The EU has decided to keep gas and nuclear power under the umbrella definition needed to receive ‘green funding.’ Having won the vote by 328 to 278, proponents have said that including gas and nuclear in green funding would allow effective near-term decarbonization and a shift away from Russian imports. In reality, all it will see is energy prices continue to rise across the bloc.
GE has scrapped plans to build a wind turbine blade factory in the Teeside region of England, citing a lack of contracted volume in the country. Having failed to secure any contracts for new projects that were victors in the latest CfD round, the company only has one firm UK order for the 3.6 GW Dogger Bank complex in the North Sea, which it in CfD round three. Siemens Gamesa has dominated contract awards on projects in Allocation Round 4 so far.
Rhode Island will procure up to 1 GW of offshore wind capacity, with the potential to meet at least 30% of the state’s estimated 2030 electricity demand.
Germany has announced a cooperation with Namibia for the production and import of green hydrogen, adding to the list of African countries from which it has signed similar agreements. The plan will be to harness ultra-cheap wind and solar power in the region and convert it into green ammonia that can be shipped to Germany, roughly corresponds to Namibia’s current gross national product. The scale of the investment volume could match that of Namibia’s current Gross National Product, according to the German government, which stated that “’Hardly better place on Earth to produce green H2” than in Namibia.
The French government is hoping to fully nationalize EDF, in a bid to gain more control over the European energy crisis. The government already holds a 16% stake in the company but could be forced to pay between $8 billion and $10 billion for the remaining 16%.
Spain’s Enagas will invest €4.76 billion in energy security and decarbonization by 2030, according to strategic plans announced this week. Up to €2.8 billion will be spent on gas infrastructure, renewable hydrogen and biomethane production, while the rest will be spent on projects such as an underwater gas pipeline between Spain and Italy and a gas link between Spain and Portugal.
The European Parliament has voted to set binding targets for the replacement of kerosene with some form of sustainable fuel which is less polluting. It begins with a 2% blend of SAF in kerosene, rising slowly to …….