This image, from August 2022, shows a stretch of the Rhine in Germany, which plays a key role in the transportation of goods such as coal. Christoph Reichwein | Picture Alliance | Getty Images The lin...
Tag: renewable energy
Buy Write On Green Energy Electric Company Offers 49-Day, 48% Annualized Return Potential
There are only two stock market sectors posting positive year-to-date total returns. Up 46.5%, energy is the big winner, but utilities are also higher by 6.2% since the start of 2022. We dive into uti...
Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas
Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.&...
Huge offshore wind farm Hornsea 2 is fully operational, Orsted says
One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...
‘Civilization Will Crumble’ Without Oil And Gas In Short Term
Topline Tesla CEO and world’s richest person Elon Musk on Monday backed additional efforts to drill for natural gas and oil in the short term, in line with his recent change in tune on the use of non-...
Why A Lower Carbon Footprint Won’t Save Cryptocurrencies
“Red hot” Ethereum. Its switch from a proof-of-work blockchain to a proof-of-stake is supposed to … [+] greatly reduce energy use. Other blockchains are already there, but investors ...
Japan is pivoting to more nuclear power — the IEA says it’s good news
This image, from March 2022, shows wind turbines in front of the Hamaoka Nuclear Power Station in Japan. The country is now planning to use more nuclear power in the years ahead. Korekore | Istock | G...
China Admits Companies Hoard Solar. They Got Biden To Remove Tariffs Because Of It
China dominates the global solar industry supply chain, from soup to nuts. No one comes close. … [+] (Photo by In Pictures Ltd./Corbis via Getty Images) Corbis via Getty Images The Chinese gover...
Norway invests in Indian solar project, sees it as a priority market
India is targeting a major ramp up of its renewable energy capacity, but achieving its aims represents a big challenge. Puneet Vikram Singh | Moment | Getty Images Norway’s Climate Investment Fu...
Japan just signaled a big shift in its post-Fukushima future
Japanese Prime Minister Fumio Kishida photographed during a news conference on Wednesday, Aug. 10, 2022. Rodrigo Reyes-Marin | Bloomberg | Getty Images The prime minister of Japan said Wednesday that ...
Renewable Energy Grew At A Blistering Pace In 2021
QINGHAI, CHINA – AUGUST 10, 2022 – Hainan Ecological Photovoltaic Park in Hainan Prefecture, Qinghai … [+] Province, China, August 10, 2022. In recent years, relying on the advantage...
Europe’s Markets And Energy Security Disrupted By Russia Sanctions
A loan wind turbine stands before the exhaust plumes from cooling towers at German coal fired power … [+] plant. They will need more coal as they turn against Russian piped gas. Sorry, climate c...
Australian bank to scrap loans for new diesel and gasoline cars
Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Austra...
London to face water restrictions from next week, Thames Water says
A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...
BlackRock to invest over $700 million in Australian battery storage
Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Jo...
SoftBank-backed Ola Electric wants to launch India-built EV in 2024
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | G...
Investors flock to green energy funds as Congress passes climate bill
The expansion of renewables comes at a time when concerns about the speed of the planet’s shift away from fossil fuels have been heightened following Russia’s invasion of Ukraine. Imaginim...
We’ll have to burn additional coal in the short term, CFO of RWE says
An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of Germa...
Japanese shipping giant to take part in tidal power project
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power pr...
Goldman doesn’t see nuclear as a transformational tech for the future
A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have been thrown into sharp relief following Russia’s u...
Reviewing The U.S. Climate Agreement – A $369 Billion Supercharge That The Clean Tech Industry Needs
Landscape with solar park and wind turbines in the background. Adobe Stock Last week, as part of the Inflation Reduction Act of 2022, U.S. senators triumphantly announced a $369 billion commitment to ...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Climate change isn’t a ‘left-wing plot,’ charity founder says
People photographed in Lower Saxony, Germany, on July 19, 2022. A number of European countries were affected by a heatwave last month. Julian Stratenschulte | Picture Alliance | Getty Images It’...
How Democrats’ New Budget Deal Boosts Tax Credits For Renewable Electricity Production
PALM SPRINGS, CALIFORNIA – FEBRUARY 27, 2019: Wind turbines generate electricity at the San Gorgonio … [+] Pass Wind Farm near Palm Springs, California. Located in the windy gap between So...
Manchin’s climate turnaround: Climate groups react
U.S. Senator Joe Manchin (D-WV) returns to a basement office meeting with other senators that included Kyrsten Sinema (D-AZ), Jon Tester (D-MT), Tim Kaine (D-VA) and Angus King (I-ME), (not pictured) ...
Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on...
Surging temperatures are good for solar panels, right? The answer is: It’s complicated
This image, from May 2022, shows solar panels in Worcestershire, England. The recent hot weather in the U.K. has led to a discussion about the optimum conditions for solar power. Mike Kemp | In Pictur...
Europe’s energy giants explore potential of floating solar
This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar tec...
Volkswagen-backed Northvolt to develop wood-based batteries for EVs
This image from 2007 shows logs and wood chips outside a Stora Enso paper mill in Finland. The firm says it’s “one of the largest private forest owners in the world.” Suzanne Plunket...
Toyota plans to develop light duty hydrogen fuel-cell trucks
A Toyota Mirai hydrogen fuel cell vehicle photographed in Berlin, Germany, in August 2021. The Japanese automotive giant started working on the development of fuel-cell vehicles back in 1992. Krisztia...