Daily News Wrap-Up_ Hero to Exchange Two-Wheelers for Electric Scooters

Here are some noteworthy cleantech announcements of the day from around the world:

Orsted and bp have agreed to jointly develop a potential large-scale renewable hydrogen project at bp’s Lingen Refinery in northwest Germany. The project will be equipped with a 50 MW electrolyzer system that can produce 9,000 tons of renewable hydrogen while reducing 80,000 tons of carbon dioxide emissions annually. This will be sufficient to replace around 20% of the facility’s current fossil-based hydrogen consumption. The project is also intended to support a long-term ambition to build over 500 MW of renewable hydrogen capacity at Lingen, Germany.

JinkoSolar and its subsidiary Sichuan Jinko have signed a long-term purchase agreement with several second-tier subsidiaries of Tongwei Corporation. Under the agreement, JinkoSolar locked in nearly 100,000 metric tons of polycrystalline silicon, and both parties can negotiate additional purchases. The price for any additional order will be negotiated and determined based on the market condition at that time.

Hero Electric, an Indian electric vehicle manufacturer, has partnered with CredR, a used two-wheeler dealer, to provide consumers with a hassle-free exchange of used two-wheelers with electric scooters. Currently, the program is applicable in Delhi NCR, Hyderabad, Jaipur, Bangalore, Pune, and it will soon be expanded to other cities across India.

The Ministry for Ecological Transition and the Demographic Challenge of Spain started the period of public information of the order regulating the first mechanism of renewable energy auction with the new remuneration framework. As per the assignment calendar, auctions will be called to allocate the renewable energy for a minimum capacity of 3.1 GW in 2020, out of which 1 GW of wind power, 1 GW of solar, and 80 MW of biomass power. The rest of the power to be auctioned without technology restrictions.

First Energy, a U.S.-based electric utility company, announced a pledge to achieve carbon neutrality by 2050. The company also set an interim goal for a 30% reduction in greenhouse gases within its direct operational control by 2030, based on 2019 levels. The company will support renewable and distributed energy resources, including seeking approval in 2021 to develop a solar generation source of at least 50 MW by 2050 in West Virginia, United States. The company will also replace conventional utility trucks with electric and hybrid vehicles to achieve its goals.

EDP Renewables and ENGIE have combined their existing and planned offshore wind projects to form a new company, Ocean Winds (OW). After launching OW in Europe, both companies unveiled the U.S. arm of this new company, OW North America. Regulators around the world, including authorities of the U.S., approved the merger of both companies’ offshore businesses allowing OW to begin with 5.5 GW of committed offshore assets starting with a total of 1.5 GW of under construction and 4 GW of under development capacity. The company targets 5 to 7 GW of projects in operation or under construction and 5 to 10 GW under advanced development by the middle of this decade.

Here is our previous daily news wrap-up.