Alternative and sustainable energy
Japanese shipping giant to take part in tidal power project planned for Singapore
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 project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy […]
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SolarEdge is willing to sacrifice margins today to capture huge demand growth in Europe, CFO says
SolarEdge shares tumbled this week after the company’s second-quarter results showed a hit to margins from factory closures, higher transport costs and currency headwinds from the weakening Euro. But SolarEdge CFO Ronen Faier said lower margins now is the price to be paid for long-term growth in a market where demand is skyrocketing. “We have […]
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Goldman Sachs doesn’t see nuclear as a transformational technology 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 unprovoked invasion of Ukraine in February. Lennart Preiss | Getty Images News | Getty Images Nuclear has a role to play in the years ahead but it should […]
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Climate change isn’t party political and people are realizing it’s not 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’s been called a “global emergency that goes beyond national borders” and described as “the biggest threat to security that modern humans have ever faced.” […]
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Solar stocks jump as Schumer, Manchin announce climate spending deal
Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Solar stocks jumped on Thursday after Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.V., said they’ve reached a deal on what would be the […]
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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 Tuesday moved to allay fears the firm’s upcoming electric offering will compromise on performance, telling CNBC the luxury carmaker had […]
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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 Pictures | Getty Images Last week saw temperatures in the U.K. surge, with highs of over 40 degrees Celsius (104 degrees […]
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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 Plunkett | Bloomberg | Getty Images Northvolt will partner with Stora Enso to develop batteries that incorporate components produced using wood sourced from […]
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A pilot project in the North Sea will develop floating solar panels that glide over waves ‘like a carpet’
Floating solar panels in the Netherlands. A number of major energy firms are looking into the potential of combining floating solar with other energy sources. Mischa Keijser | Image Source | Getty Images German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar technology in the North […]
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Toyota plans to roll out hydrogen fuel-cell trucks for the Japanese market next year
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. Krisztian Bocsi | Bloomberg | Getty Images Automotive giant Toyota, along with three other partners, will work on the development of light-duty fuel cell electric trucks […]
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