Alternative and sustainable energy
Toyota pledges up to $5.6 billion for EV battery creation, ramps up expenditure in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The agency is trying to make headway in the progressively aggressive electric powered motor vehicle marketplace. Toru Hanai | Bloomberg | Getty Images Automotive huge Toyota mentioned Wednesday it would spend an excess $2.5 billion in a U.S. facility that will manufacture batteries for […]
Read More
1st Solar announces new U.S. panel factory following the Inflation Reduction Act
Connie Black makes adjustments to the manufacturing line for the collection 6 solar panels observed throughout a tour of a Very first Solar plant in Walbridge, Ohio, Oct 6, 2021. Dane Rhys | Reuters First Photo voltaic declared Tuesday that it will establish a new photo voltaic panel manufacturing facility in the U.S. on the […]
Read More
Ocean shipping’s major bets on likely eco-friendly, from wind electricity to methanol and liquid hydrogen
Airseas, the maritime device of France’s Airbus, has designed a gigantic, automated kite referred to as Seawing, which fundamentally tows a ship. Airseas The delivery marketplace accounts for just about 3% of the world’s overall greenhouse gasoline emissions, making as considerably artifical carbon dioxide as all the coal-fired ability plants in the U.S. combined. Continue […]
Read More
Japan is pivoting back to nuclear after Fukushima disaster — and the IEA says it’ll help cool gas markets
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 | Getty Images Japanese plans to pivot back to using more nuclear power have been welcomed by the International Energy […]
Read More
Oil and gas powerhouse Norway to invest in Indian solar project, sees country as 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 Fund and the country’s biggest pension company, KLP, are set to invest in a 420-megawatt solar power project being developed in Rajasthan, India. The […]
Read More
Japan just signaled a huge shift in its put up-Fukushima future
Japanese Prime Minister Fumio Kishida photographed in the course of a news meeting on Wednesday, Aug. 10, 2022. Rodrigo Reyes-Marin | Bloomberg | Getty Images The primary minister of Japan mentioned Wednesday that his country would restart a lot more idled nuclear ability crops and appear into the feasibility of building next-gen reactors. Fumio Kishida’s […]
Read More
EV maker Polestar to present batteries for ‘flying’ electric powered boats
A Candela boat photographed in Sweden in August 2021. Candela utilizes hydrofoils, which elevate a vessel’s hull over the water’s area when travelling. Mikael Sjoberg | Bloomberg | Getty Images Luxurious EV maker Polestar will provide battery and charging systems to electric boat business Candela immediately after the two Swedish firms signed a multi-12 months […]
Read More
BlackRock makes $700 million investment 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. Josh Hawley | Moment | Getty Images A fund under the management of BlackRock Real Assets is set to acquire Akaysha Energy, an Australian firm that develops battery […]
Read More
SoftBank-backed Ola Electric wants to launch a made-in-India 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 | Getty Images The CEO of Ola Electric said Monday his firm would launch an all-electric vehicle that can go from 0 to 100 […]
Read More
German energy giant RWE to burn extra coal as Russian gas supplies dwindle
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 German energy firm RWE told CNBC Thursday that it will burn more coal in the short term — but […]
Read More