Energy Developments drives solar energy projects as a key solution to combat climate change.
By using solar panels that convert sunlight into electricity, we generate renewable energy that powers homes and industries, ensuring a continuous and reliable supply. With solar farm projects in Colombia, we are strengthening energy security and contributing to local sustainability. Solar energy reduces dependency on fossil fuels, lowers the carbon footprint, and creates jobs, particularly in rural areas, thereby promoting sustainable economic and social development.
- In 2022, the global installed solar capacity surpassed 1,000 GW and continues to grow at an approximate annual rate of 20%.
- Solar energy avoided 870 million tons of CO₂ emissions in 2022, equivalent to removing more than 170 million cars from the roads.
- Solar energy creates more than 4.3 million jobs worldwide, with this number expected to grow as solar installations increase.
- A solar panel has an average lifespan of 25 to 30 years, maintaining optimal energy generation throughout most of its lifecycle.
- In Colombia, the expansion of solar projects will strengthen energy security and could reduce dependency on fossil fuels by 15% in the coming years.
Regasification transforms liquefied natural gas (LNG) back into its gaseous state, facilitating its transport and storage in liquid form and its subsequent distribution as energy.
This process contributes to a cleaner energy matrix, as natural gas produces up to 50% fewer CO₂ emissions than coal. Energy Developments, in partnership with strategic experts, embraces regasification technology as a reliable and flexible option to supply energy to various regions. This is essential for ensuring a continuous and sustainable energy supply, promoting a transition to lower-emission energy sources with significant growth potential.
- Natural gas produces up to 50% less CO₂ compared to coal and 30% less than oil, positioning it as a cleaner alternative within fossil fuels.
- The global LNG regasification capacity currently exceeds 900 million tons annually, covering approximately 25% of the world's natural gas supply.
- Projections indicate a 3% annual growth in the LNG market, driving demand for regasification infrastructure.
- Thermal efficiency in state-of-the-art terminals can reduce energy consumption in regasification by up to 20%, minimizing the carbon footprint of the process
- During crises or energy supply disruptions, LNG regasification ensures a continuous supply, guaranteeing energy resilience for millions of homes and industries.
SAF is a revolutionary alternative that reduces carbon emissions in aviation.
Developed from renewable raw materials like biomass and organic waste, SAF is compatible with aircraft engines without requiring modifications. In collaboration with Alder Renewables, Energy Developments leads initiatives to produce SAF on a large scale, contributing to the decarbonization of the aviation industry. This fuel can reduce emissions by up to 80%, promoting a cleaner future for aviation while driving job creation in the renewable energy sector and strengthening energy security.
- SAF usage has the potential to reduce CO₂ emissions by up to 80% compared to conventional fossil fuels, significantly decreasing the aviation industry's carbon footprint.
- Commercial aviation accounts for approximately 2-3% of global CO₂ emissions, and SAF is crucial for reducing this figure over the next decade as airlines seek sustainable solutions.
- SAF production capacity is expected to grow by 30% annually over the next decade to meet the increasing demand for sustainable fuel and fulfill the industry's climate commitments.
- The global SAF market is estimated to reach a value of $15 billion by 2030, driven by government environmental policies and partnerships with renewable energy companies.
- Unlike other alternative fuels, SAF is compatible with current aircraft engines, requiring no technological modifications, enabling an economical and practical transition in the short term.
- By 2050, SAF could supply up to 65% of the total commercial aviation fuel demand if investments and renewable energy infrastructure projections are met.
- The SAF production platform, like the one developed by Alder Renewables in partnership with Energy Developments, transforms sustainable biomass into low-impact fuels—an innovation poised to revolutionize fuel supply in global aviation.
Green hydrogen, produced through electrolysis using solar energy, is a clean resource with significant potential in industry and transportation.
Each ton of green hydrogen prevents up to 10 tons of CO₂ emissions, making it a cornerstone of the energy transition. Green ammonia, derived from green hydrogen, offers benefits as a sustainable fertilizer for agriculture and an efficient medium for hydrogen storage and transport. At Energy Developments, we are committed to advancing these solutions to enhance energy security and contribute to agricultural and industrial sustainability, driving a cleaner, more resilient future.
- Each ton of green hydrogen prevents the emission of up to 10 tons of CO₂, offering a much cleaner alternative compared to hydrogen derived from fossil fuels.
- Global green hydrogen production is projected to grow by 700% by 2030, responding to the demand for low-carbon solutions.
- The green hydrogen market has a potential valuation of $600 billion by 2050, with applications in transportation, industries, and power generation.
- Green ammonia, derived from green hydrogen, reduces CO₂ emissions in its production by up to 90% compared to conventional ammonia.
- Easier to store and transport, green ammonia is an effective solution for hydrogen transportation, reducing logistics costs by 30% and offering a clean alternative in the fertilizer and maritime transport industries.
