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UAE's Masdar, Engie to invest $5 bil in renewables, hydrogen

The UAE's clean energy firm Masdar and France's Engie plan to invest $5 billion to develop 2 GW of renewable and hydrogen projects by 2030 as OPEC's third biggest producer seeks to implement its net zero emissions pledge by 2050.

read more... 06/12/2021

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Daimler supervisory board OKs $68B investment plan for Mercedes

Daimler's supervisory board signed off an investment plan worth over 60 billion euros ($67.88 billion) for the Mercedes-Benz passenger car and vans businesses between 2022 and 2026.

read more... 06/12/2021

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UK 7 GW East Coast Hydrogen network could surpass government hydrogen target alone

The East Coast Hydrogen Consortium in the UK has the potential to connect up to 7 GW of hydrogen production by 2030, surpassing in a single region the government's target of 5 GW of low-carbon production by that date, the group said Nov. 30.

read more... 03/12/2021

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Renewable electric growth on course to accelerate significantly

The International Energy Agency (IEA) has reported that the growth of renewable electricity derived from solar panels, wind turbines, and other renewable technologies is on course to accelerate over the coming years.

read more... 02/12/2021

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EU launches €2 billion industrial partnership on clean hydrogen

As the EU launched its €2 billion partnership with industry to accelerate research and development in green hydrogen, the head of International Energy Agency (IEA) warned an early start may not work in Europe’s favour.

read more... 01/12/2021

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