Russia’s cumulative renewable power capacity is forecast to nearly double over the next decade, rising from 9.8GW in 2025 to 18.4GW by 2035, according to GlobalData projections.
During a recent visit to China alongside German Chancellor Friedrich Merz, BMW Group CEO Oliver Zipse signed a memorandum of understanding with CATL, formalizing a partnership aimed at lowering the embedded carbon footprint of BMW’s electric vehicles by reworking battery sourcing and production processes.
Germany is preparing to classify hydrogen production as being of “overriding public interest,” a legal designation designed to accelerate permitting and implementation at a moment when the country’s hydrogen strategy is visibly off track.
Energinet has awarded a five-year Engineering, Procurement and Construction Management contract to Worley for Phase 1 of the Danish Hydrogen Backbone pipeline.
Europe’s largest business lobby, BusinessEurope, is calling for targeted reforms to the multi billion euro carbon market, arguing that the current trajectory risks accelerating deindustrialization at a time when energy costs and global competition are already straining manufacturers.
In northern Sweden, the HYBRIT consortium has secured an extension of its temporary building permit for its underground hydrogen storage pilot in Luleå until 2031, allowing continued testing of a technology that early data suggest could cut variable hydrogen production costs by 25 to 40 percent.
Power2X has acquired HyCC, a Netherlands-based developer of large-scale green hydrogen projects, marking a strategic consolidation in the European clean molecules sector.
