Netix Global ’ s Sustainability Finance Model for net-zero The Netherlands-based smart cities solutions provider Netix announces a first-of-its-kind sustainability finance model to support net-zero ambitions and help address the current European energy crisis .

Siemens Commissions 8.75MW Green Hydrogen Plant in Germany Siemens has commissioned one of Germany ’ s largestgreen hydrogen generation plants . Up to 1,350 tonnes of green hydrogen can be generated annually from renewables .

SEG Solar to Build PV Module Manufacturing Plant in Texas SEG Solar say construction of the facility will start at the end of 2022 and will have three state of the art production lines .

� UBIQUITOUS ENERGY The US company has created a new , transparent solar technology that turns windows into solar panels . Virtually indistinguishable from ordinary glass , this photovoltaic technology could offset up to 30 % of buildings ’ electricity usage .

� LOUIS VUITTON LV stores have promised to lower thermostats and reduce light usage this Winter . This announcement came in response to the French President Emmanual Macron ’ s pleas for companies to cut their power consumption by 10 %.

� OFGEM Great Britain ’ s independent energy regulator , recently announced an 80 % rise in the energy price cap . As protestors gathered outside Ofgem ’ s HQ , experts warned that nationalising energy firms is the only way to save them .

� UNIPER The German government has bought a 30 % stake in Germany ’ s biggest importer of natural gas , Uniper . Nationalisation seems to be the company ’ s only option as it struggles to survive amidst reduced supply and soaring prices .

Energy Magazine October 2022 | Page 13

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