Governors Collaborate to Speed Energy Infrastructure Construction
WASHINGTON – National Governors Association (NGA) Vice Chair Utah Governor Spencer Cox and Louisiana Governor John Bel Edwards released the following statement on the formation of a bipartisan working group that will collaborate to improve the energy and infrastructure delivery process to provide better results for states and territories. “Infrastructure investment and energy that is affordable and reliable are keys to unlocking opportunity in communities of all sizes. The $1 trillion infras...
Qcells invests $2.5 billion in solar power manufacturing facility from the Gray/Stantec design-build team
The large-scale initiative will quadruple the company’s solar module production capacity With a historic US$2.5 billion investment, Qcells is building a solar power manufacturing facility in Georgia, United States. This is the largest solar investment in US history and will offer significant benefits to the state and national economies. Gray, a leading global builder in the manufacturing industry, and Stantec, a global leader in sustainable design, were selected to provide construction,...
Neste’s renewable solutions helped customers reduce greenhouse gas emissions globally by 11.1 million tons in 2022
Neste enables its customers to reduce their greenhouse gas (GHG) emissions by offering renewable and circular solutions to replace fossil products. In 2022, Neste’s renewable solutions helped customers reduce their GHG emissions globally by 11.1 million tons* altogether. This amount equals the annual carbon footprint of 1.8 million average EU citizens (source: World Bank) or the removal of four million passenger cars from the roads for a full year. “We are on track towards reaching our commit...
GECF Expert Commentary - Blue Hydrogen: A key player in the future of energy transition
Source: 2022 edition of GECF Global Gas Outlook 2050 (29 January 2023) The energy sector is undergoing a transformation, with a growing focus on cleaner energy sources and technologies that reduce greenhouse gas emissions and contribute to a more sustainable future. In this context, hydrogen is emerging as a key player in the energy transition, with a variety of clean production methods offering different advantages and competitiveness in the market. The recent results of the Accelera...
ACWA Power expands presence in Azerbaijan through key renewable energy partnerships
Inks multiple agreements with Republic’s Ministry of Energy and State Oil Company of Azerbaijan Republic (SOCAR) New projects to build Azerbaijan’s clean energy and aid decarbonisation efforts Riyadh, Saudi Arabia: ACWA Power, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants worldwide, has announced that four separate agreements have been finalised for the development of new renewable energy in the Republic...
Rolls-Royce selected as microgrid provider for UK logistics park
Rolls-Royce to provide integrated mtu microgrid solution for new 2MW energy centre at Symmetry Park Biggleswade, UK Microgrid will deliver efficient, climate-friendly power and heat, augmenting local grid supply Rolls-Royce (LSE: RR., ADR: RYCEY) has been selected by energy services developer BasePower Ltd. to supply three mtu Combined Heat & Power (CHP) plants, two mtu EnergyPack battery containers and two mtu Series 4000 standby generators, along with complete microgrid controls,...
Hydrogen market growth to surge in 2023 despite slowing global economy, says GlobalData
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and positioning leading companies as market experts. In 2022, green hydrogen production capacity reached over 109 kilo tons per annum (ktpa) worldwide, representing 44% growth compared to 2021, says GlobalData, a leading data and analytics company. GlobalData’s recent publication “Hydrogen Transition Outlook and Trends: Q1 2023,” highlights dea...
US Department of Energy finalizes $2.5B loan for EV charging manufacturing facilities
JLL assisted the closing of the loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan WASHINGTON – The U.S. Department of Energy (DOE) Loan Programs Office’s (LPO) closing of a $2.5 billion loan to Ultium Cells LLC, a joint venture between General Motors and LG Energy Solutions, was assisted by JLL. The loan will help finance the construction of three new lithium-ion battery cell manufacturing f...
7th edition GECF Global Gas Outlook 2050 launched
Doha, QATAR: The Gas Exporting Countries Forum (GECF) today launched the latest edition of its annual Global Gas Outlook 2050 (Outlook), in the presence of the 2023 President of the GECF, HE Gabriel M. Obiang Lima, Minister of Mines and Hydrocarbons, Republic of Equatorial Guinea. The key findings show that by 2050: Global GDP will more than double, from US$ 95 trillion today to US$ 210 trillion in real term Population growth will see 1.8 billion additional people in 2050 with mo...
Danish propeller specialist keeps offshore wind farms going
The Crew Transfer (SWATH) vessels from the Maritime Craft Service operates on the offshore wind farm Hornsea 1 and Hywind in the North Sea. The boats are driven forward by specially manufactured engine parts from Hundested Propeller. Hundested Propeller A/S has become a part of the critical infrastructure on several international offshore wind farms. The propeller specialist keeps downtime minimal when the blades stop moving. Not much can be done when a lack of wind causes the bl...