The Hydrogen Stream: Rolls Royce, rising prices, and hydrogen fueled beer
This week sees hydrogen pricing hit new highs, driven by simultaneous jumps in the price of natural gas and electricity. Elsewhere, project plans include green hydrogen production at a UK brewery and Ineos building a 100 MW electrolyzer in Germany, machinery manufacturers Rolls Royce and JCB making plans for hydrogen engines, and new investment agreements signed in Belgium, Sweden and Kazakhstan.
China’s Covid recovery saw green bond issuance rebound in second half of 2020
The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, according to the IFC, which is anticipating a more-than-$100 billion sector in emerging markets over the next three years.
Solar and wind together overhaul global hydro capacity
The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
Solar could help Azerbaijan consolidate gains in Nagorno Karabakh after recent conflict
That was just one of the revelations of the latest Dentons’ Guide to renewables investment in Europe, which also noted solar plants could be switched off in Slovakia, Ireland could go either way on clean power pricing, and Luxembourg is struggling with a surprising headache.
Kazatomprom again seeks to sell solar manufacturing units
The Kazakh state-owned national atomic energy company is seeking to sell its solar manufacturing units for the second time.
Kazakhstan’s solar auctions conclude with lowest price of $0.035/kWh
The Kazakh authorities allocated 55 MW of PV capacity in two different procurement exercises. Two projects, totaling 40 MW, were secured by Russian module manufacturer Hevel Solar.
First green bond issued on Kazakh exchange
The Asian Development Bank has added Kazakhstan to the list of nations where it is issuing bonds denominated in local currencies as an alternative for investors to having to use international lenders.
Chevron turns to renewables to power Australian operations
The power company has announced it will build 500 MW of renewable energy projects to power some of its global facilities under a four-year agreement with Canada’s Algonquin Power & Utilities.
Italy’s Eni wins Kazakhstan’s 50 MW solar auction with $0.032/kWh bid
The 50 MW project is a joint initiative of the country’s Ministry of Energy and the United Nations Development Program.
Total Eren breaks ground on 128 MW of solar capacity in Kazakhstan
The Kazakh solar market is steadily growing amid investment from regional development banks and independent power producers. Total Eren said the 128 MW of generation capacity is just the first of its projects in central Asia.
