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Coalition Aims for 25GW of Green Hydrogen by 2026

Seven firms join forces for fiftyfold scale-up of global hydrogen production capacity. The soaring hype surrounding green hydrogen reached new heights this week, as a seven-company-strong consortium unveiled plans for a fiftyfold scale-up in production capacity by 2026. ACWA Power, CWP Renewables, Envision, Iberdrola, Ørsted, Snam and Yara launched a coalition called the Green Hydrogen […]

Hyundai to build China factory as part of hydrogen vehicles push

BP and Ørsted to create renewable hydrogen partnership in Germany

  Plan to jointly develop industrial-scale electrolyser project for green hydrogen ‎production ‎ Powered by Ørsted offshore wind, project will initially replace 20% of natural gas-‎based hydrogen used at bp’s Lingen refinery ‎ Scale of project will support future reduction in green hydrogen costs ‎ bp’s first full-scale green hydrogen project, a significant step in […]

Shell-owned German solar battery firm sonnen sets sights on growth

BP Signals Imminent Hydrogen and Offshore Wind Plays

Potential investments in offshore wind and hydrogen are on the near-term horizon, says CEO Bernard Looney. BP is readying offshore wind bids during the next six months with heightened hydrogen activity also in the pipeline, the oil major’s CEO, Bernard Looney, said Tuesday. During the company’s Q3 results call, Bernard Looney said BP would “probably” […]

Advisory on rooftop solar scheme

BP, Microsoft form partnership to drive digital energy systems

BP would supply renewable energy to help Microsoft meet its 2025 renewable energy goals New Delhi: BP and Microsoft on Tuesday said that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net-zero carbon goals of both companies. This would include a co-innovation effort focused on […]

Naturgy to invest up to $1.8 bln in U.S. after $57 mln acquisition

BP to cut 15% job as part of shift to renewable energy

BP will cut about 15 percent of its workforce in response to the coronavirus crisis and as part of CEO Bernard Looney’s plan to shift the oil and gas major to renewable energy. Bernard Looney told employees in a global online call that the London-based company will cut 10,000 jobs from the current 70,100. “We […]

ARE & TAREA sign MoU to support decentralised renewable energy businesses & market development in Tanzania