European Energy secures approval for 250 MW solar plant in southern Italy
European Energy, a Danish independent power producer, said it will build its new 250 MW close to a substation owned by Italian grid operator Terna in Sicily. It will occupy a surface of around 200 hectares.
Italy allocates 154 MW of solar in latest renewables auction
The Italian authorities have allocated 368.2 MW of renewables capacity in the nation’s latest procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2% and 2.8% from the auction ceiling price of €0.065 ($0.070)/kWh.
The Hydrogen Stream: Namibia to launch $10 billion hydrogen project
German investors have agreed to back a hydrogen project in Namibia, while Plug Power and Thyssenkrupp Nucera have announced separate hydrogen-related deals in Sweden.
The Hydrogen Stream: NEOM signs green hydrogen deal in Saudi Arabia
NEOM Green Hydrogen Company has secured an exclusive 30-year off-take agreement with Air Products for what they claim will be the world’s largest green hydrogen plant, while Germany’s EEX has launched the world’s first market-based hydrogen index.
The Hydrogen Stream: CIP plans 7 GW of electrolysis hub in Australia
Copenhagen Infrastructure Partners (CIP) has announced plans to develop an AUD 30 billion ($19,95 billion) green hydrogen production hub on South Australia’s Eyre Peninsula, while a new research study shows the feasibility of gas-to-hydrogen pipeline conversion in Western Australia.
The Hydrogen Stream: Green hydrogen market could hit $850 billion in 2050
Research outfit Rethink Energy says the green hydrogen market could reach $850 billion in value by 2050.
The Hydrogen Stream: Northern Europe driving hydrogen project development
Dutch and Brazilian ports have signed a cooperation deal involving port development and green hydrogen production, while Thyssenkrupp Nucera has released a new alkaline water electrolysis (AWE) module.
India to join Germany’s green hydrogen strategy update
India will use its internal market to scale up hydrogen projects, with Germany as a possible export destination. As part of a broader strategy, the countries will collaborate on a financial and technological level on energy transition projects.
FuturaSun to start PV cell production with 10 GW solar factory in China
FuturaSun is betting on a vertical integration strategy with the launch of a 10 GW solar cell factory in Huai’an, China. It aims to start production in spring 2024.
The Hydrogen Stream: Australia to invest $1.35 billion in hydrogen
The Australian government has presented its 2023-2024 budget, with AUD 2 billion ($1.35 billion) to be invested in hydrogen, while Austria, Germany, and Italy said they have started moving forward on a southern hydrogen corridor from North Africa to Northern Europe.
