A collection of all the Energy-related news published on NewsNotFound.
Low-emission hydrogen production faces challenges due to limited demand, slow implementation of support schemes, inflationary pressures, and increasing costs, which jeopardize the viability of the industry and its potential growth.
ENGIE, a multinational electric utility company, has purchased UK-based biomethane producer Ixora Energy Ltd for £64.8m ($79.4m), adding three new production units to their portfolio and increasing their total biomethane production capacity in Europe to 670 GWh, bringing them closer to their goal of achieving 10 TWh of capacity by 2030. The acquisition aligns with the overall growth and potential of the European biomethane market, which is expected to experience substantial growth in the coming years. To address the challenge of meeting biomethane production targets, the Biomethane Industrial Partnership (BIP) has been established to promote engagement and collaboration between the European Commission, EU countries, industry representatives, and other stakeholders. ENGIE’s acquisition of Ixora Energy Ltd strengthens their position in the biomethane market and contributes to the growth of renewable gas in Europe.
Vattenfall has awarded a contract to DEME Offshore for rock berm installation works at the Hollandse Kust Zuid offshore wind farm site in the Netherlands, with the objective of reducing risk and enhancing the lifetime integrity of the Inter Array Cables (IAC).
Everfuel, Denmark’s leading hydrogen refuelling station provider, has announced plans to close or pause operations at its light-duty H2 refuelling stations for passenger cars.
Shell, the European oil giant, is actively seeking partners for renewable energy projects in India.
Danish taxi start-up Drivr has temporarily suspended operations for its fleet of 100 Toyota Mirai vehicles due to the closure of Denmark’s hydrogen refuelling stations by Everfuel. Drivr is in discussions with Everfuel to restore hydrogen availability and is exploring alternative refuelling infrastructure options with other partners.
Elyse Energy secures financing deal with Hy24 and Mirova to support the development of e-fuels projects in France and Spain, aiming to deploy 2.5 gigawatts of installed capacity and produce over one million tonnes of e-methanol and 200,000 tonnes of sustainable aviation fuels annually.
Global energy company Shell is actively seeking partners for renewable energy projects in India, aligning with its focus on capital discipline and aiming to expand its renewables portfolio within the Indian market.
Panasonic has unveiled two new lines of EverVolt solar modules and an updated EverVolt energy storage system at the RE+ event, showcasing their commitment to providing innovative and sustainable solutions in clean energy technology.
Salzgitter, a German steel company, plans to invest €1bn from its own resources and an additional €1bn in government subsidies towards its decarbonization program, which includes the construction of a 100MW green hydrogen plant for steelmaking. The company aims to cut emissions from steel production by 95% by 2033 and will begin converting its facilities to operate on green hydrogen from the end of 2025. However, it is uncertain whether local production will be the only source of supply, indicating the potential for hydrogen imports via pipelines. The International Energy Agency recommends actions to accelerate the transition to low-emission hydrogen and promote its adoption in various sectors.
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