Environment
GE hoping to 3D print concrete components for wind turbines so it can save on transportation costs
A Haliade-X wind turbine photographed in the Netherlands on March 2, 2022. The Haliade-X is part of a new generation of huge turbines set to be installed in the years ahead. Peter Boer | Bloomberg | Getty Images A new research facility which hopes to 3D print the concrete bases of giant wind turbine towers […]
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Goldman says oil and gas investment is about to boom, and names the stocks to cash in
In its annual review of oil and gas projects, Goldman names several energy stocks it expects to be “winners.” Source
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Russia’s invasion of Ukraine enters third month; senior U.S. government officials due in Kyiv
Russia continuously shelling Mariupol, Ukraine presidential advisor says Mykhailo Podolyak, a presidential advisor in Ukraine, says Russia continues to shell the besieged city of Mariupol and has called for a “real Easter truce.” “Russia is continuously attacking the Mariupol Azovstal. The place where our civilians and military are located, is shelled with heavy air bombs […]
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Zelenskyy says Ukraine invasion only the beginning; another apparent mass grave found near Mariupol
Evacuations from Mariupol to start at midday, deputy PM says Iryna Vereshchuk, Ukraine’s deputy prime minister, said Saturday that evacuations from the besieged city of Mariupol would commence at midday local time if all went to plan, according to Reuters. “Today, we again will be trying to evacuate women, children and the elderly,” she said […]
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Ukraine says thousands could be buried in Mariupol mass graves; mayor appeals for full evacuation. Follow our live updates
EU urges citizens to work from home, drive less to reduce Russian gas reliance The EU is calling on people to switch up their habits in order to use less energy, which it says will help to reduce reliance on Russian gas. The EU imports roughly 40% of its natural gas from Russia. The European […]
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Taiwan’s ‘biggest offshore wind farm’ generates its first power
An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Bloomberg | Getty Images A large-scale offshore wind farm in waters off the coast of Taiwan has produced its first power, with those involved in […]
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Amazon launches $1 billion fund to invest in warehouse technologies
Robots transport goods to the employees in the warehouse of a logistics centre of the mail order company Amazon. Rolf Vennenbernd | dpa | Picture Alliance | Getty Images Amazon is launching a $1 billion fund that will back companies “of all stages” building supply chain, fulfillment and logistics technologies, the company announced Thursday. The […]
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Earth-imaging specialist Planet details more powerful line of Pelican satellites
A graphic rendering of a Pelican satellite. Planet Earth-imaging and data specialist Planet Labs on Thursday unveiled details of its new line of Pelican satellites, as the company looks to further expand and improve its space-based imagery capabilities. Planet expects to begin launching the Pelican satellites in early 2023, with the constellation consisting of up […]
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We have to make sustainability commitments that we don’t know how we’re going to meet, CEO says
Companies have to set sustainability goals even if they don’t know how they’ll achieve them, the head of a white goods company told CNBC. “We have to make commitments that we don’t know how we’re going to meet, we have to commit to investing in technology and innovation and set the bar so high that […]
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Energy giants Siemens Gamesa and SSE agree $628 million deal amid rising costs and profit warnings
Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operating loss of roughly 304 million euros. Paul Ellis | AFP | Getty Images Siemens Gamesa Renewable Energy has agreed to sell assets […]
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