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green hydrogen

IFC says green recovery could drive $2.5tn renewables market this decade

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

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Offshore hydrogen production powered by floating PV

Spain’s Repsol will develop a €4.5 million ($5.5 million) pilot project to produce green hydrogen with floating PV for the Santander Port Authority. It will be completed in December 2023.

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Renewables cheaper than fossil fuel plants by 2030

A report by McKinsey & Company reinforces the widely-held view renewables will supplant fossil fuels in the energy system but also joins the chorus of voices warning the world is on track to fall well short of limiting global temperature rises this century to 1.5C.

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Engie, Total plan 40 MW solar-powered electrolyzer

The two French energy giants have announced a partnership agreement to develop, build and operate the Masshylia project – a 40 MW electrolyzer coupled with solar parks at the Total biorefinery in Châteauneuf-les-Martigues, in the southern region of Provence-Alpes-Côte d´Azur.

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Australia wants to certify green hydrogen with German expertise

The Australian Smart Energy Council and Deutsche Energie-Agentur will work together to develop a scheme to certify renewable hydrogen and carbon-neutral power fuels.

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Australian iron ore producer, South Korean steelmaker agree to green hydrogen future

Fortescue Metals Group Chairman Andrew ‘Twiggy’ Forrest returned to Western Australia last week after a four-month worldwide search for green energy projects and resources. One of the deals secured on the trip was a circular green hydrogen partnership with South Korean steelmaker Posco.

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New method to build microgrids based on solar, hydrogen

The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.

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Capacity utilization a key issue in a world energized by renewables and hydrogen

A European research team has investigated the implications of renewable energy intermittency on capital utilization across a future electricity-hydrogen system, including transmission and storage infrastructure. According to its findings, idle capacity substantially increases the system costs and limits wind and solar development.

The geopolitical impact of hydrogen

In an interview with pv magazine, Indra Overland, head of the Center for Energy Research at the Norwegian Institute for International Affairs, explains how international hydrogen strategies may play out in the upcoming decades. Plans and roadmaps will not be enough to turn a hydrogen economy into reality and its success will depend on becoming cost-competitive vis-à-vis other solutions in several areas, he says.

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PV trends of 2020: Part 5

Despite much of the world being on lockdown for a big chunk of 2020, there are few who could say it has been an uneventful year. And while the ongoing Covid-19 pandemic will be what defines 2020 for many, in the solar industry there’s plenty more to shout about, from the rapid rollout of high-powered modules to a drastic increase in carbon-neutral pledges from companies and governments around the world. Across five installments, pv magazine takes a look back at the year in solar. First up were the U.S. election and carbon neutral pledges, followed by auctions and green bonds. Part 3 focused on big modules and renewable grid support, while part 4 looked at high-efficiency EU cell production and perovskites. In the final installment, you can read about smart homes and green hydrogen.

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