\r\n The Dutch government has granted funding to BP and HyCC’s proposed 250MW green hydrogen project, H2-Fifty, in Rotterdam. This follows the European Commission’s recognition of H2-Fifty as an Important Project of Common European Interest for its contribution to decarbonizing European industries. The green hydrogen produced by the project will be used to reduce CO2 …
Bluefield Solar has recently acquired an operational solar portfolio from Fengate Asset Management, with a capacity of over 46 megawatts. The portfolio consists of two ground mounted solar photovoltaic farms; the 39.3 megawatt Raventhorpe plant located in Scunthorpe, Lincolnshire and the 7.1 megawatt Roanhead facility located in Barrow-in-Furness, Cumbria. The enterprise value of the portfolio …
The European Investment Bank (EIB) and Iberdrola have joined forces to promote Portugal’s energy transition by developing new renewable energy plants. The EU bank has provided a €70m green loan for the construction of a portfolio of projects with an overall capacity of 188MW. These solar PV plants, located in the Portuguese regions of Algarve, …
The markets are reacting strongly to the news that America’s gross domestic product (GDP) is growing at a healthy rate. In summary, the markets have reacted positively to the news of strong economic growth in the United States. Understanding GDP Gross Domestic Product (GDP) is a measure of the value of all goods and services …
The Ministry of New and Renewable Energy is supporting research, development, and demonstration projects for the development of vehicles that run on hydrogen fuel. The Council for Scientific and Industrial Research through the National Chemical Laboratory has also undertaken RD&D projects on hydrogen fuel cell vehicles. These technologies are still in the pilot stage of …
Nel ASA’s subsidiary, Nel Hydrogen Inc., has signed a Capacity Reservation Agreement (CRA) with an undisclosed US energy company for the delivery of 16 hydrogen fueling stations. The value of the CRA is estimated to be around $7 million, and the final purchase order including the CRA fee is expected to be around $17 million. …
In this article, BBC Environment Correspondent Jonah Fisher discusses a proposed trial in Whitby, England to convert 2,000 homes from natural gas to hydrogen. Residents are concerned about the safety of the hydrogen and feel like they are being treated like guinea pigs. The government and gas companies say that although hydrogen is more explosive …
The markets are reacting strongly to the news of America’s strong Gross Domestic Product (GDP) reading. In short, the US economy is doing well and investors are responding positively. GDP and the Global Economy Gross Domestic Product (GDP) is a measure of the value of goods and services produced in an economy over a given …
The markets are reacting strongly to the positive news that America’s Gross Domestic Product (GDP) has increased significantly. In summary, the markets are responding positively to the fact that America’s economy is growing at a rapid rate. The Impact of GDP GDP, or Gross Domestic Product, is an important economic indicator that measures the value …
The markets are reacting with shock and surprise to the news that America’s GDP reading was much higher than expected. In summary, strong economic performance in America has caused a stir in the markets. GDP and Economic Growth Gross Domestic Product (GDP) is a key indicator of economic growth. It measures the total value of …