CWP Global

CWP Global is excited to share news of the renewal of Major Project Status by the Australian Government for the 26GW Australian Renewable Energy Hub Project, which is located in the iron ore-rich Pilbara region of Western Australia (https://lnkd.in/gGc2QtnC). First granted in 2021, renewal of Major Project Status confirms the Federal Government’s strong support for the project as a major driver of decarbonisation in Australia’s highest emitting industrial region, and the emergence of a new industrial hub near Port Hedland for the production of green iron and green fuels. A recent report by Climate Energy Finance (https://lnkd.in/eA9cHSpP) estimates that Australia has the potential to double the value of its annual iron ore exports to $250 billion if it leverages Australia’s vast renewables and green hydrogen potential to process and add value to current raw iron ore rock exports through green hydrogen-powered production of Direct Reduced Iron (DRI) for delivery to steelmakers, mainly in Asia. Now majority-owned and operated by bp, AREH will comprise two main project sites: (i) an upstream wind and solar hub across 6,500 square kilometres of coastal desert land, which at full scale could produce 26GW of emissions-free power; and (ii) a hydrogen production and downstream processing facility within the Boodarie Strategic Industrial Area (SIA) (https://lnkd.in/exdTAPUt), with the potential to foster new industrial opportunities aligned with the Federal Government’s Future Made in Australia agenda (https://lnkd.in/dSxWnT6d), including green iron and green fuels. Critical to the success of the project will be Federal and WA Government support for Pilbara Green Link transmission lines (https://lnkd.in/gSr6_QdW) to enable the mining sector’s best use of one of the most scaleable renewable energy resources anywhere in the country. With international markets, investment sentiment and policy signals now moving in the right direction, we are working hard with bp and Intercontinental Energy, our partners on the project, to make the AREH dream a reality as quickly as possible. 

CWP's ultra-large-scale green hydrogen project in Newfoundland and Labrador has reached another milestone with the signing of an MoU with the Port of Corner Brook, to explore opportunities related to the 5 GW hub. The focus of project Gwinya will be a green HBI plant within the Port of Corner Brook, taking advantage of Newfoundland and Labrador's world-class wind resource to accelerate decarbonization of the global steel industry. As CWP's Business and Development Manager (Hydrogen) Steve Delaney emphasized: "We are committed to developing this project in continuous consultation with local communities, First Nations and other stakeholders, ensuring the project aligns with regional development goals and its benefits extend beyond the energy transition.” With the support of the Port, this transformative initiative is aimed to promote economic growth and environmental sustainability in the region, creating secondary industries, jobs and opportunities. Learn more here: https://lnkd.in/ezZS9kST

We concluded a powerful session moderated by Juan Luis Vilchez from Roland Berger, with José Miguel Macho Fernández from Siemens Energy, Diogo Almeida from Galp, Lorenzo Fernandez de Villavicencio from Linde, and Dean Bialek from CWP Global, Patricia Alvarez from Embajada de Dinamarca en España, Celia R. from Statkraft on 'Deployment at Scale: Challenges and Growth Opportunities in Hydrogen Projects'. The insights shared were truly groundbreaking, sparking animated discussions and igniting a collective passion for a more sustainable future. #CGHE2024 #Hydrogen #EnergyTransition #Europe

CWP Global Cofounder Dimitar Enchev joined a panel alongside John Kerry, Maroš Šefčovič, and Beata Daszynska-Muzyczka at the Green Transition Forum 4.0 this Wednesday, June 26th. In a thought-provoking discussion on the key priorities for climate action, Dimitar highlighted the immense potential of the green transition for Southeast Europe. Rather than viewing it as a challenge, he emphasized how this transition can position Southeast Europe as a vital energy supplier to the rest of Europe, thanks to the region's abundant potential and complementary weather patterns. John Kerry underscored the importance of nations meeting their commitments and acknowledged the global nature of these efforts. He resonated with Dimitar's perspective, agreeing that the green transition is a significant opportunity to create new jobs and offer substantial returns on investment. #GreenTransition #ClimateAction #SoutheastEurope #RenewableEnergy #CWP #Sustainability #GreenJobs #InvestmentOpportunities

Join CWP's Cofounder Dimitar Enchev for a dicussion with John Kerry, Maroš Šefčovič, and Beata Daszynska-Muzyczka on key priorities for climate action this Wednesday, June 26th at the Green Transition Forum 4.0

CWP Global's General Counsel for Hydrogen, Thomas Dimitroff, spoke at the Financial Times' Hydrogen Summit 2024 in London. The panel on unlocking private capital to stimulate investment across the hydrogen value chain was moderated by Camilla P., who led a lively discussion between Ignacio de Calonje (IFC - International Finance Corporation), Margaux Moore (Trafigura), Olivier Mussat (ATOME) and Michael Harrington (Actis). Our thanks to all the participants for their valuable insights and to the Financial Times team for a great event! If you missed the event, it's still possible to view the sessions here: https://lnkd.in/gj3v-WH #FTHydrogen #greenhydrogen #energytransition #CWPGlobal

CWP Global is thrilled to announce a new MoU signed with SNIM (Société nationale industrielle et minière) to explore innovative opportunities to decarbonize iron ore production in Mauritania. This groundbreaking collaboration aims to leverage CWP's ultra-large-scale green hydrogen project, AMAN, to transform Mauritania into a leading producer and exporter of green Hot Briquetted Iron (HBI) through a new Direct Reduced Iron (DRI) hub project that could host multiple green hydrogen-based DRI plants capable of converting Mauritanian raw iron ore into millions of tonnes of green HBI per year, predominantly for export to the European steel industry. This initiative is a significant step towards reducing carbon emissions in the steel industry, aligning with global sustainability goals. 🌿 Present at a workshop following the MoU signing were representatives from the Government of Mauritania, as well as senior representatives from leading technology provider Primetals Technologies, and Midrex Technologies, Inc. the industry leader for DRI technology. Together, we are paving the way for a greener future! 🌍 Learn more about the project here: https://lnkd.in/eRNyN-PK #GreenHydrogen #Decarbonization #Sustainability #CleanEnergy #GreenSteel #CWPGlobal #SNIM #Mauritania

CWP joined the #URC2024 Ukraine Recovery Conference, which brings global leaders together to support Ukraine’s recovery. Dimitar Enchev, CEO of CWP Europe, reaffirmed CWP’s dedication to Ukraine’s renewable energy landscape – part of our 7 GW renewables portfolio in the region. He was joined on the panel by Volodymyr Kuzyo, Deputy Minister of Economy of Ukraine, Svitlana Grynchuk, Deputy Minister of Energy of Ukraine, Philip Schwilinsky Business Development Manager at VERBUND AG, Representative of EBRD.  Other notable speakers included President Zelenskyy, the Chancellor of Germany Olaf Scholz, EC President Ursula von der Leyen, representatives from the European Investment Bank (EIB), the CEB - Council of Europe Development Bank, Italy, and the US. The commitments made during the event mainly revolved around providing financial aid, defense support, and investing in infrastructure restoration in Ukraine. At the Hydrogen Corridor Roundtable, Dimitar discussed Ukraine’s potential to supply green energy to the #EU and highlighted the importance of efficient administrative processes for timely project implementation post-war. Let’s continue building a sustainable future together!🌍

🌱 Exciting News for Australia’s Renewable Future! 🌍 At CWP Global, we are thrilled about the Future Made in Australia announcement, a game-changing policy package that significantly supports the growth of green hydrogen, large-scale renewables, and critical minerals sectors. This initiative represents a major leap in green industrialisation, positioning Australia as a leader in the new green industries essential for the energy transition in Asia and globally. It includes a groundbreaking commitment to provide AUD 2 per kilogram for renewable-based hydrogen production, aligning Australia competitively against major international markets. CWP Global's Regional President APAC for Hydrogen, Tim Horneman, welcomed the announcement: "The Future Made in Australia package sets out a new vision for Australia to take its rightful place as a leader in the new green industries set to transform the energy and mining sectors. More broadly, it sets in motion a slew of major economic reforms aligned with the global energy transition. It is a comprehensive plan that positions the country at the forefront of Asia's, and indeed the world's, green industrial revolution." Our commitment at CWP Global remains strong as we are continuing to develop projects like the 26 GW Australian Renewable Energy Hub (AREH) and the 50+ GW Western Green Energy Hub (WGEH) with our partners. These projects will be pivotal in achieving Australia's aspirations to become a 'Renewable Energy Superpower.' Join us in embracing this transformative journey towards a sustainable and prosperous future. Together, we are setting the stage for a greener tomorrow. #RenewableEnergy #GreenHydrogen #Sustainability #CWPGlobal #FutureMadeInAustralia #CleanEnergy 🔗Read more about our views on the announcement here: https://lnkd.in/eNeXMAts

We're thrilled to share that Founder & CEO of CWP Global, Mark Crandall, took the stage today at the Belgrade Energy Forum for an insightful interview. Hosted by one of the most prestigious energy events in the region, Mark engaged in a dialogue highlighting pivotal trends in renewable energy development, hydrogen innovation, and the pathways to decarbonizing our energy landscape and industries. During his participation, Mark shared some invaluable takeaways: - Southeast Europe's transition away from fossil fuels will require the full implementation of current wind and solar projects.  - The urgency of accelerating renewable energy adoption in Europe was emphasized, with a projected need of approximately 7,000 GW of renewables by 2050.  - Mark pointed out the biggest obstacle: the absence of a clear price signal in the market, making it challenging for developers to secure financing. He stressed the importance of regulatory intervention, suggesting measures such as CFDs, auctions, and carbon taxes to ensure a sustainable energy future.  - Regarding hydrogen, Mark noted that its widespread use in Europe may be limited to niche applications like serving the needs of refineries for desulfurization processes. He suggested that Europe may likely import hydrogen from regions with abundant renewable resources, such as Africa, where production costs are lower due to plentiful sunlight and wind. Mark's participation at #BEF2024 underscored not only his leadership within CWP Global but also his commitment to championing renewable energy initiatives, not just in the SEE region, but on a global scale. #RenewableEnergy #EnergyTransition #Sustainability #BelgradeEnergyForum